Mercury expands FDIC insurance up to $3M through new Vault product

March 13, 2023

Mercury, a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product in the wake of Silicon Valley Bank’s collapse. That’s 12x the industry standard for institutions of $250,000 in FDIC insurance that other institutions offer. Immad Akhund, CEO and co-founder of […]

Mercury expands FDIC insurance up to $3M through new Vault product by Mary Ann Azevedo originally published on TechCrunch

The one where Alex and Natasha catch the Equity audience up on SVB

March 13, 2023

Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is Alex and we are here to do our Monday show, a kickoff for the week that covers startup news, tech news and a little bit of the money that powers both. Given […]

The one where Alex and Natasha catch the Equity audience up on SVB by Natasha Mascarenhas originally published on TechCrunch

Aether wants to shift you from blood diamonds to gems pulled from thin air

March 13, 2023

Diamonds: carbon, transparent, expensive, symbolic of love and commitment — and many of them come dripping with human rights abuses. They also come with a heavy environmental burden, even the lab-grown ones. So what if diamonds could be done differently, with proper traceability and sustainability? That’s exactly where Aether, a diamond-growing company based in New […]

Aether wants to shift you from blood diamonds to gems pulled from thin air by Haje Jan Kamps originally published on TechCrunch