Thiel is just one backer. The leader of the pack is reported to be Palmer Luckey, the founder of Anduril (another company ...

Billionaires Peter Thiel, Palmer Luckey and Joe Lonsdale are reportedly launching Erebor, a new financial institution to ...

A group of billionaires led by Peter Thiel plans to launch Erebor, a new bank serving startups and crypto firms, aiming to ...

The application for Erebor, to be headquartered in Columbus, Ohio, outlines a digital-only model, with a secondary office in ...

Peter Thiel backs Erebor, a US bank launched by tech billionaires to support start-ups and crypto firms after SVB's 2023 collapse.

Silicon Valley billionaires plan to start a new lending bank focused on crypto currency and tech companies in Columbus. Ohio ...

To be named Erebor, the bank would be backed by high-profile tech investors including Joe Lonsdale, the founder of venture ...

Erebor, will service firms in crypto, defense, AI and other sectors that have struggled to work with more traditional ...

Erebor, a new commercial bank led by Palmer Luckey and supported by Peter Thiel's Founder Fund, has filed for a national bank ...

Venture capitalist Peter Thiel left $50 million of his own cash in doomed Silicon Valley Bank -- even though his company had raised the loudest alarm leading to its panicked shutdown a week ago.

Peter Thiel told the Financial Times that SVB held $50 million of his own money when it collapsed. Some have blamed Thiel for the bank run on SVB after he told Founders Fund clients to pull deposits.

PayPal co-founder Peter Thiel claims he had $50 million of his own money in Silicon Valley Bank when it collapsed, despite warnings from his own Founders Fund.