Silvergate Bank
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Silvergate Bank - overview
Established
1988
Location
-, CA, US
Primary Industry
Financial Services
About
Silvergate Bank is a financial institution specializing in providing banking services tailored to businesses in the cryptocurrency sector, including traditional banking and innovative digital asset solutions. Founded in 1988 in the United States, Silvergate Bank focuses on offering banking services primarily to the cryptocurrency industry. Under the leadership of CEO Alan Lane, the bank has adapted its business model to cater to the evolving needs of this sector. Silvergate Bank provides a range of financial services tailored for businesses in the cryptocurrency sector.
Their offerings include commercial loans, cash management, and treasury services, along with specialized products like cryptocurrency custody and trading services, targeting clients such as cryptocurrency exchanges and digital asset custodians in the U. S. , Canada, and parts of Europe. Silvergate Bank generates revenue through interest income from loans, fees from banking services, and transaction fees related to cryptocurrency activities.
Their B2B model allows clients, such as cryptocurrency exchanges, to utilize their banking services for secure transactions, contributing significantly to the bank's revenue.
Primary Industry
Financial Services
Sub Industries
Commercial Banks, e-Financial, Retail Banks, Content Management Software
Website
www.silvergatebank.com
Verticals
FinTech, FinTech, FinTech
Total Amount Raised
Subscriber access only
Silvergate Bank - financials
| Fiscal Year Ended | Dec 31, 2017 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
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