• GloriFi, an 'anti-woke' bank backed by Peter Thiel and Candace Owens, is folding just 3 months after it was set up

    6 days ago - By Business Insider

    Peter Thiel was a backer of GloriFi. Marco Bello/Getty Images
    An "anti-woke" bank backed by Peter Thiel is closing down just three months after it was founded.
    GloriFi attracted $50 million in investment from conservative backers last year.
    An executive blamed "reputational attacks" and "multiple negative stories" for its demise.
    A bank that promoted itself as an "anti-woke" alternative to Wall Street and won the support of Peter Thiel and Candace Owens is closing down just three months after it started operating. The Wall Street Journal reported on Monday that Texas-based startup GloriFi...
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