Etsy told sellers that payments will be delayed because it was using Silicon Valley Bank

• Etsy told sellers Friday it would delay paying them due to the collapse of Silicon Valley Bank.
• The marketplace said it will pay sellers in the next few business days via another payment partner.
• One Etsy seller said in a TikTok video that it's "scary" and she's "freaking out."

Etsy told sellers it had to delay payments in the wake of Silicon Valley Bank's collapse.

The online marketplace said in a statement Friday that there'd be a delay with their deposits as it used SVB.