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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., “The nation’s two largest metropolitan areas are home to a majority of our commercial lending and banking clients,” said Greg Garrabrants, president and CEO of Axos, in a statement.

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Alphabet-Backed Healthcare Startup, One Medical, To IPO

PYMNTS

One Medical , a conglomerate of technology-driven primary care offices backed by Google’s Alphabet , has filed an initial public offering (IPO), One Medical announced on Friday (Jan. One Medical is backed by technology and management firm 1Life Healthcare and will trade under the symbol “ONEM.”

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The Rise Of The Chinese Tourist – And The Power Of Using Payments To Greet Them

PYMNTS

When Los Angeles first began its efforts to market to international tourists in 2006, China wasn’t much of a consideration. With all of the nations that sent tourists to L.A., Chinese tourism is a big deal for Los Angeles. Chinese tourism is a big deal for Los Angeles. And the L.A.

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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. The model has grown by 300 percent year over year, with one in two orders on the platform placed via Unlimited, across multiple markets.

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How Cargomatic Leverages Geocoding To Meet Pandemic-Driven Supply Chain Challenges

PYMNTS

Los Angeles-based logistics online marketplace Cargomatic is one firm that saw supply chain conversion accelerate immediately with the pandemic-induced surge in online sales. The nation was never truly in danger of running out, yet it took time for manufacturers to reconfigure their supply chains for the increased demand.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades. According to CB Insights, US fintechs raised $14.6B

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The Public Perception Challenge Of Public Procurement

PYMNTS

On the government side, that demand for transparency and fair competition means each step in procurement is scrutinized, from sourcing to the completion of a project — a reality that makes spend visibility, and technologies that can provide it, essential. Vendors, too, are feeling the weight of public scrutiny over public sector contracts.