Peter Thiel-Backed Bank Erebor Raises $350M At $4.35B Valuation
Peter Thiel-backed bank Erebor raises $350 million at a $4.35 billion valuation, moving closer to regulatory approval and expanding its digital banking services.
Erebor
Palmer Luckey’s Erebor hits $4.3B valuation as regulators advance bank charter
Palmer Luckey’s Erebor achieves a $4.35 billion valuation after raising $350 million, backed by OCC and FDIC approvals, signaling momentum for crypto- and AI-focused banking.