To our Poshmark community:
Some of you may have seen the news regarding Silicon Valley Bank (SVB) and its impact on some marketplaces’ ability to issue customer redemptions. I want to assure everyone in our seller community that all accounts on Poshmark continue to be safe and secure. We do not use SVB to store customer or marketplace funds, and your ability to process payments and redemptions is not affected.
Sincerely,
John McDonald
Chief Operating Officer, Poshmark