How to

March 17, 2023

How to manage your treasury

Following on from the SVB saga, we look at the best way for startups to manage its treasury to reduce financial risk


How to manage your money as a business is a topic that’s always been important, but many founders were left vulnerable to the fall of SVB, having not done enough to insulate themselves from financial risk. “There’s a naive belief in Europe that banks are very secure, and the reality is, they’re not,” says Jessica Holzbach, cofounder and CEO of Pile, which offers treasury services for high growth startups.

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Miriam Partington

Miriam Partington is a senior reporter at Sifted, based in Berlin. She covers the DACH region and the future of work, and writes Startup Life , a weekly newsletter on what it takes to build a startup. Follow her on X and LinkedIn

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