SVB: Announced its expansion into Denmark

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SVB: Announced its expansion into Denmark

Silicon Valley Bank (SVB): Announced its expansion into Denmark

  • Now SVB able to connect its Danish customers and their investors to a global funding network
  • The US bank start the expansion with Denmark’s capital Copenhagen
  • The bank has also chosen Sebastian Penn to be its Danish managing director
  • Penn, a venture capital veteran whose most recent role at DenmarkBridge saw him posted to the San Francisco Bay Area
  • The newly-appointed MD also has experience in Washington’s The World Bank
  • He hopes the expansion will particularly help those companies planning to grow quickly and internationally