Fintech
🔥 Palmer Luckey's Bank Quadrupled Its Deposits in a Quarter — Now It's Raising $1.5 Billion at an $8 Billion Valuation
Erebor, Palmer Luckey's crypto-friendly startup bank, nearly quadrupled deposits to $4.05B in a quarter and is raising $1.5B at an $8B valuation. The SVB-shaped hole, filled fast.