18 place 0

444 Palmer Luckey’s Erebor bank eyes an $8bn valuation as deposits quadruple

The Next Web
Cristian Dina @ The Next Web · 07/03/2026 08:22 EDT

A bank that barely existed a year ago is now chasing a valuation most European lenders can only dream of. Erebor was founded by Anduril’s Palmer Luckey and backed by Peter Thiel. It is in talks to raise at a valuation of at least $8bn, and its deposits have almost quadrupled in three months. That […]
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