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Real Estate Startup Bungalow Secures $64M In Funding

PYMNTS

Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. Since its launch, the company has operated in the Bay Area, Los Angeles, New York, San Diego and Seattle.

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After delays, WaFd secures regulatory approvals for acquisition of Luther Burbank

American Banker

The Seattle-based buyer now expects to finalize the deal in February, gaining entrance to California and eclipsing $30 billion of assets. The acquisition had initially been slated to close in mid-2023.

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11 Startups Show Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

Eleven startups participated in the Demovation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, diverse in focus, comprised a wide range of the fintech ecosystem, including payments, security and blockchain.

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Amazon Delivers Housing to Seattle’s Homeless

PYMNTS

Amazon, the nation’s largest online retailer, is taking home delivery to the next level : instead of just delivering goods to customers’ homes, the company will now be providing actual homes for the homeless at its new six-story headquarters in downtown Seattle. The new headquarters is projected to open in 2020.

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Airbnb Notches Second $1B Loan As Bookings Fall

PYMNTS

This latest financing comes as Airbnb bookings in San Francisco, New York City, and Seattle fell by more than 50 percent compared to the week beginning Jan. Last week, Airbnb announced two California-based investors, Silver Lake and Sixth Street Partners, invested $1 billion in a combination of debt and equity securities.

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Amazon Walmart Whole Paycheck Tracker: Staying Secure, Gaining New Ground And Getting Competitive

PYMNTS

Security Save Of The Week: Blocking The Biggest DDoS Attack Attempt Ever . Walmart this week purchased key assets from Seattle health-technology platform CareZone for a reported $200 million or so. We owe it to our communities to continue our mission to bring quality care to those who need it, now more than ever.”.

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Google’s AI Fund Leads $10.5M Series A Into Algorithmia

PYMNTS

Seattle-based Algorithmia allows companies to make use of recent machine-learning advances, with algorithms on the site developed by university researchers and individual developers worldwide. They’ve built a secure and scalable marketplace for AI models that allows developers to openly collaborate.”.