Excessive-growth firms like these concerned in cutting-edge applied sciences face a variety of challenges. Efficient money administration is certainly one of them. From the looks of money move gaps between money assortment and realizing revenues to the need of constructing important preliminary capital outlays for operations, infrastructure, and expertise earlier than revenues catch up, high-growth firms typically have banking wants that many monetary establishments battle to answer.
This week, our Streamly Sequence 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 among the techniques high-growth firms can depend on with the intention 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, similar to in highschool and school, accounting, money administration, managing funds … not precisely the oversubscribed lessons. In all seriousness, what firms must do as they’re rising very quick, they’re very centered on revenue-generation, satisfying purchasers, and many others. However in doing that, two different issues are occurring: money is transferring out and in, and a few of that money may very well be higher utilized in various totally different circumstances, possibly it may very well be invested another way. There may be a whole lot of ‘lack of self-discipline,’ however I wouldn’t say that’s as a result of persons are purposely making an attempt to try this. They’re centered on working their companies.”
Silicon Valley Financial institution brings greater than 40 years of expertise as a monetary companion for the innovation economic system. The corporate serves innovation economic system firms and buyers with enterprise banking, liquidity administration, international 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 purchasers.
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 function in remodeling the platform’s resolution supply mannequin to make sure that SVB’s Industrial Financial institution Innovation economic system purchasers 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.
Photograph by Will Francis on Unsplash
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