Thiel-Backed Erebor Offers Venezuela Unlikely Banking Lifeline

Thiel-Backed Erebor Offers Venezuela Unlikely Banking Lifeline



Thiel-Backed Erebor Offers Venezuela Unlikely Banking Lifeline
Peter Thiel-backed startup Erebor Bank has pitched itself to top Venezuelan officials on restoring the sanctioned country’s access to the US financial system, an unexpected play by a new firm that’s stepping into a politically sensitive market many global banks still avoid.


www.bloomberg.com
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