Nigerian AI-Driven B2B Invoice Management Startup Jenesys AI Raises $1.1 Million Pre-Seed to Launch techmoran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techmoran.com Daily Mail and Mail on Sunday newspapers.
people are just worried that the assets will not be able to cover the deposits but this is a classic bank run with people want to get out of the door before everybody gets out. this is the reason why there has been a failure. there has not been a failure. there has not been a failure. there has not been a successful bidder yet. no sign that svb will be successfully sold to another company because of the risk and the us government have to guarantee the risks and the loans in the deposits. that is why the federal reserve has to step in. to guarantee the depositors. step in. to guarantee the depositors- joining me now is nicolai thomson, the co founder and ceo ofjenesys, a start up in the fintech sector who banked with svb until friday. good to talk to you. talk through your situation. good morning- through your situation. good morning- we through your situation. good morning. we actually -