A 115-unit mixed-use apartment development in Redondo Beach has received a $75 million loan.
Camino Financial Inc., a downtown-based fintech online lender focused on the Latino market, has raised $8 million in a Series A funding round.
Finance: After six-month delay, agency resumes processing business licenses
After a six month freeze, Cannabis dealmaking in Los Angeles appears to have experienced a sudden thaw.
L.A. is taking its place in the booming fintech space. Read about some of the L.A. startup and venture capital ecosystem players in the Banking and Finance Quarterly special report.
Struck Capital’s Adam Struck believes the city’s startup community can rival Silicon Valley
Santa Monica-based venture capital firm Struck Capital is all-in on L.A. The firm invests in an array of industries, from lifestyle products and gaming to financial and educational technology.
Finance: Regulatory delays chill investments
Cannabis dealmaking in Los Angeles is stuck in a regulatory bottleneck. Approval on cannabis business ownership transfers have been on hold since July, delaying investments.
LA is the top city for projects raising money on the crowdfunding platform
Los Angeles has raised more money through Brooklyn, N.Y.-based Kickstarter than any city in the world.
Looks to connect Israeli startups, US companies
Sababa Ventures, which is looking to bring Israeli funding, innovation and expertise to the American market, is raising $35 million for its debut fund.
Australian company continues LA push
Highland Park-based consumer insights and strategy agency db5 has been purchased by Australian communications group Bastion Collective.
Venice-based startup Altruist Corp. raised an $8.5 million Series A round.
Western International Securities Inc., an independent broker-dealer based in Pasadena, will be acquired by New York-based Atria Wealth Solutions Inc.
WeHo firm tracks top 100 companies for investors
LGBTQ Loyalty Holdings launches an index tracking companies committed to advancing equality.
Internet services firm will use funds on credit balance
Hollywood-based internet services firm J2 Global Inc. intends to sell $500 million in convertible senior notes.
Digital banking startup looks to launch in 2020
Halleman Bradley to launch a tech-focused banking platform following a $3.5 million seed round.
Custom Content by the Los Angeles Business Journal
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