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Breaking: Silicon Valley Bank collapse – what it means for the STR sector
Reading Time: 6 minutesWorldwide: The governments and banking institutions in the United States and UK have stepped in to reassure people and businesses exposed to the collapse of Silicon Valley Bank [SVB] and its UK arm that their deposits are secure and resolutions will not put the taxpayer at risk.
Banking solution Clearing secures pre-seed funding
Reading Time: 2 minutesUS: Clearing, a banking solution tailored for short-term rental operators, has secured an undisclosed investment in pre-seed funding.