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Etsy Struggles To Pay Sellers After Collapse Of Silicon Valley Bank

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Etsy, the online marketplace best known for homemade goods, has struggled to pay some sellers on the platform, according to a new statement from the company. The payment issues are a direct result of the collapse on Friday of Silicon Valley Bank, which includes a number of tech startups as clients.
Etsy, the online marketplace best known for homemade goods, has struggled to pay some sellers on the platform, according to a new statement from the company. The payment issues are a direct result of the collapse on Friday of Silicon Valley Bank, which includes a number of tech startups as clients.
„At Etsy, supporting our sellers is our highest priority, and we understand how important it is for these small businesses to be able to receive their funds when they need them,” an Etsy spokesperson told me via email on Saturday.

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