Peter Thiel-backed Erebor granted preliminary approval by U.S. OCC
Erebor Bank, backed by Thiel, secures preliminary U.S. approval to operate in AI, crypto, and fintech sectors.
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1 day agoPeter Thiel-backed Erebor granted preliminary approval by U.S. OCC
Erebor Bank, a fintech startup backed by Peter Thiel and others, has obtained preliminary conditional approval from the U.S. Office of the Comptroller of the Currency. The bank aims to bridge finance, crypto, AI and innovation sectors by offering tailored services to tech firms. With initial capitalization of $275 million, it plans a digital banking model from Columbus, Ohio and New York. Critics question political ties but the team pledges prudent risk management.
neutral
1 day agoPeter Thiel-backed Erebor granted preliminary approval by U.S. OCC
Erebor Bank, a fintech startup backed by Peter Thiel and others, has obtained preliminary conditional approval from the U.S. Office of the Comptroller of the Currency. The bank aims to bridge finance, crypto, AI and innovation sectors by offering tailored services to tech firms. With initial capitalization of $275 million, it plans a digital banking model from Columbus, Ohio and New York. Critics question political ties but the team pledges prudent risk management.
neutral
Peter Thiel-backed Erebor granted preliminary approval by U.S. OCC
1 day ago
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Erebor Bank, backed by Thiel, secures preliminary U.S. approval to operate in AI, crypto, and fintech sectors.
Erebor Bank, a fintech startup backed by Peter Thiel and others, has obtained preliminary conditional approval from the U.S. Office of the Comptroller of the Currency. The bank aims to bridge finance, crypto, AI and innovation sectors by offering tailored services to tech firms. With initial capitalization of $275 million, it plans a digital banking model from Columbus, Ohio and New York. Critics question political ties but the team pledges prudent risk management.
Erebor Bank, a fintech startup backed by Peter Thiel and others, has obtained preliminary conditional approval from the U.S. Office of the Comptroller of the Currency. The bank aims to bridge finance, crypto, AI and innovation sectors by offering tailored services to tech firms. With initial capitalization of $275 million, it plans a digital banking model from Columbus, Ohio and New York. Critics question political ties but the team pledges prudent risk management.
Companies:
Erebor Bank
Tags:
startup
banking
startup
banking
crypto
fintech
ai
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