
Peter Thiel joins tech billionaires backing new lender Erebor to rival Silicon Valley Bank
Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. A group of tech billionaires led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a US bank intended to fill the gap left by Silicon Valley Bank serving start-ups, including cryptocurrency businesses. To…