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Tech Center: Los Angeles On The Brink Of Becoming Tech Power Player

PYMNTS

For quite some time, Silicon Valley has been the technology powerhouse of California in terms of both up-and-coming startups and big-named companies, like Google and Facebook. However, Los Angeles has been coming into its own over the last decade or so. Los Angeles County had an estimated population of 10 million in 2015.

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Ontra, A Contract Management And Automation Services Provider, Raises $200M To Expand Operations

CB Insights

Ontra , a legal technology company, has raised $200M in a Series B. The company maintains offices in San Francisco, Los Angeles, Chicago, New York, Boston, London, Hong Kong, and Singapore. The round drew participation from Blackstone and Battery Ventures, among others. HOW’S THE COMPANY PERFORMING? Want the full post?

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Postmates Raises $300M In Venture Funding; Gives Tiger Global Management Seat On Board

PYMNTS

In a press release , Postmates said the funding round was led by Tiger Global Management, and comes on the back of a record year of growth, market expansion and adoption of a subscription service. Postmates, the on-demand delivery company, announced on Tuesday (Sept. 18) that it has raised $300 million in venture funding.

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Axos Bank Expands Commercial Presence In NYC, LA

PYMNTS

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., ” Last month Axos announced a partnership with Europe’s digital-only bank N26 in a deal that will allow N26 to launch operations in the U.S. The bank announced Thursday (Aug.

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If Cash Won’t Die, Why Not Manage It Better Digitally?

PYMNTS

So, in the spirt of “if you can’t beat ‘em, join ‘em,” PYMNTS recently caught up with two entrepreneurs determined to bring digital expertise and efficiency to cash management — the type of cash management that can make or break employees and some business operators, especially in the restaurant space. Better Cash Management?

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Cyberattackers Go Global To Steal Company Cash

PYMNTS

949 gigabytes of confidential data have been accessed by ransomware attackers targeting IT distributor Ma Labs , reports in CRN said, an attack that has stalled the company's operations and left its customers in limbo. million was siphoned from one New Zealand business in a scam linked to invoice fraud.

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Supply Chain Startup Zilingo Makes US Push

PYMNTS

To roll out operations in the United States as it grows its supply chain business that links apparel brands with suppliers as well as factories, Singapore-based fashion technology firm Zilingo is designing a $100 million push. The garment trade has relied on supply chain managers and sourcing agents for a long time.