Pat Maio

Reporter (Banking & Finance)

Phone: 323-556-8332

Recent Stories

Science 37 Plans to Double Workforce

Culver City-based Science 37 Inc., which completed its merger to go public through New York City-based blank check firm LifeSci Acquisition II Corp. earlier this month, recently began trading. Now, the medical research and technology company is already laying out ambitious plans for growth.

Tease photo

Insurtech Sure Raises $100 Million in Series C Round

Sure Inc., a Santa Monica-based insurtech startup that embeds insurance software into everything from car-buying to renters insurance, has raised $100 million in a Series C funding round, Chief Executive Wayne Slavin said in an interview.

Tease photo

Westlake Partners With Nova Credit to Gain New Borrowers

Hancock Park-based Westlake Financial Services is ratcheting up its push into the auto lending market.

Tease photo

China, India Could Lead Major Edtech Consolidation in LA

The education technology sector in Los Angeles has seen a surge in major investors from a disparate group ranging from corporations headquartered in China and India to private equity looking to capitalize on a pandemic that reinvigorated online learning.

Tease photo

Winc Plans $92 Million IPO to Expand Wine Business

Santa Monica-based Winc Inc., which produces and distributes wine in the United States, has filed with the Securities and Exchange Commission to raise up to $92 million in an initial public offering.

Tease photo

Sole Source Capital Moves Headquarters to Dallas

Sole Source Capital, a private equity firm headquartered along Santa Monica’s Ocean Avenue since its founding in 2016, quietly moved its headquarters to Dallas.

Microloan Company Tala Lands $145M Raise, Moving It Closer to Unicorn Status

Tala, a Santa Monica-based company that makes microloans between $10 and $500 to people in emerging markets who lack a credit profile, has landed a $145 million Series E funding round — its biggest fundraise since its founding a decade ago.

Tease photo

Green Dot Halts Republic Bank Tax Business Acquisition

Republic Bancorp Inc.’s Republic Bank & Trust has filed a lawsuit against Green Dot Corp. for breaking its agreement to buy the Kentucky bank’s tax refund processing business for $165 million.

Brentwood Associates Invests in Service Management Group

Sawtelle-based private equity firm Brentwood Associates has made a strategic investment in Kansas City, Mo.-based Service Management Group, a software developer involved in management experiences.

Tease photo

Bank of America Plans Expansion in LA Market

2021 Largest Employers Special Report

Bank of America is the largest commercial bank operating in Los Angeles County.

Tease photo

More stories >>