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A few years ago, I evaluated launching my startup in the US through Stripe-Atlas. SVB was the banking partner at that time. I did not go through with it. If I r
by vivegi 4y ago
A few years ago, I evaluated launching my startup in the US through Stripe-Atlas. SVB was the banking partner at that time. I did not go through with it. If I recall correctly Stripe-Atlas launched around 2017 or so. So, in the last 5 years, many startups that did not already have a banking relationship with another bank and had chosen Stripe-Atlas for launching would have likely lined up with SVB.
So, ease of banking access, for one thing, led to the unique mix of SVB clientele.
Edit: Currently, after SVB's demise there is Mercury and Novo, I believe, that are banking partners of Stripe-Atlas.