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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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Passport, the technology business for city transit systems, raises $43 million

PYMNTS

Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. Read More.

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Mastercard, SoFi Team Up On Debit Card, Payment Products

PYMNTS

SoFi’s card will provide an additional way for customers to spend with their SoFi Money cash management accounts. It is imperative that our partners are leaders in technological innovation, security and enhanced benefits, and Mastercard is an industry leader across all of those areas.”.

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Lumin Digital To Provide LAFCU With Digital Banking Solution

PYMNTS

17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS. Lumin Digital announced today (Nov. At LAFCU, we continuously want to improve the products and services we offer.

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Amazon Eyes Airports For Amazon Go Expansion

PYMNTS

airports as new locations for Amazon Go, which relies on advanced technology to avoid having to pay at a cash register upon checkout. The lead for Amazon Go requested a meeting,” said a June 27 email from a technology adviser who supports Los Angeles International to a concessions official, reported Reuters.

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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.