Etsy Delays Payments to Sellers Due to Silicon Valley Bank Collapse
46 Articles
46 Articles
What the collapse of Silicon Valley Bank means for the rest of financial industry
The collapse of Silicon Valley Bank last week has the financial world in a panic and people confused. The Federal Reserve and the U.S. Department of the Treasury announced a couple of measures on Sunday designed to help mitigate the fallout.
Etsy sellers aren't getting paid because of the Silicon Valley Bank collapse
Some Etsy sellers have received emails warning them of delays to deposits following the collapse of Silicon Valley Bank, with more users expected to see similar disruption.Etsy sellers can have deposits made daily, weekly, fortnightly, or monthly, and those who should have had a deposit on Friday have already received notification of delays.Naturally, the ecommerce platform blames the “rapid and unexpected” collapse of Silicon Valley Bank for th…
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