Excessive-growth corporations like these concerned in cutting-edge applied sciences face a variety of challenges. Efficient money administration is considered one of them. From the looks of money movement gaps between money assortment and realizing revenues to the need of creating important preliminary capital outlays for operations, infrastructure, and expertise earlier than revenues catch up, high-growth corporations typically have banking wants that many monetary establishments battle to reply to.
This week, our Streamly Collection interview options Christopher Hollins, International Head of Product Gross sales and Design at Silicon Valley Financial institution (SVB), a division of First Residents Financial institution. Hollins outlines a few of the ways high-growth corporations can depend on as a way to higher handle money and benefit from applied sciences like automation. Hollins additionally explains how options like SVB Go provide these companies important insights and streamline money forecasting and administration.
“The problem is that innovators, entrepreneurs wish to do what makes them passionate. And for most individuals, identical to in highschool and school, accounting, money administration, managing funds … not precisely the oversubscribed lessons. In all seriousness, what corporations must do as they’re rising very quick, they’re very centered on revenue-generation, satisfying shoppers, and so forth. However in doing that, two different issues are occurring: money is transferring out and in, and a few of that money might be higher utilized in quite a few completely different circumstances, possibly it might be invested otherwise. There may be a variety of ‘lack of self-discipline,’ however I wouldn’t say that’s as a result of persons are purposely attempting to do this. They’re centered on working their companies.”
Silicon Valley Financial institution brings greater than 40 years of expertise as a monetary accomplice for the innovation financial system. The corporate serves innovation financial system corporations and traders with enterprise banking, liquidity administration, world enterprise options, and fund banking. With deep sector experience in enterprise software program, frontier tech, cleantech and sustainability, in addition to fintech, SVB counts 60% of all fintechs on the 2025 Forbes fintech listing and 40% of the Forbes 2025 AI listing amongst its shoppers.
Head of International Product Gross sales and Supply at Silicon Valley Financial institution, a division of First Residents Financial institution, Christopher Hollins has performed a key position in remodeling the platform’s answer supply mannequin to make sure that SVB’s Industrial Financial institution Innovation financial system shoppers have entry to the very best companions and options to resolve enterprise challenges and have optimum banking relationships alongside their journey. Hollins has been part of SVB since 2021.
Picture by Will Francis on Unsplash
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