socalTECH

FEBRUARY 11, 2021

Foothill Ranch-based LoanDepot, a developer of a technology platform to automate and originate mortgage loans, has raised $54M in an IPO on the NYSE. billion of loans originated for the twelve months ended September 30, 2020. billion of loans originated for the twelve months ended September 30, 2020. The company sold 3.9

Equity 113

Equity Pricing Platform Capital 113

TechCrunch LA

FEBRUARY 2, 2021

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. Through its platform publishers can make between 15% to 20% of gross compared with 5% on an affiliate marketing site.

Media 134

Media Commerce Company Companies 134

TechCrunch LA

JUNE 10, 2021

Overall, Klarna is live in 20 markets, has more than 90 million global active users and more than 2 million transactions a day conducted on its platform. In all of 2020, it processed $53 billion in volume. billion of purchases made through the Klarna platform. Meanwhile, in 2020, Klara hit over a billion in revenue.

Los Angeles 266

Los Angeles Funding CIO Marketing 266

TechCrunch LA

JANUARY 16, 2019

There’s no word on whether the new money is in equity or debt, but what is certain is that JPMorgan Chase Bank, Bank of America Merrill Lynch and syndicate partners including Silicon Valley Bank, SunTrust Bank and CIT Bank are all involved in the deal. “In billion by 2020, the Newzoo data suggests. That number could reach $81.3

Mobile 251

Mobile Capital Los Angeles Acquisition 251