Posted inBusiness & Technology

This week in Santa Cruz County business: Paystand’s progress, food and beverage spots for lease, Joby inks Abu Dhabi partnership

Scotts Valley’s Paystand aims to become the “Venmo of business-to-business payments,” with its latest acquisition, Jessica M. Pasko reports in her latest business roundup. Plus, leases for a downtown Santa Cruz food kiosk and cafes at the Tannery Arts Center and on Cedar Street are up for grabs. And Joby Aviation partners with Abu Dhabi and expands its Marina facility.

Posted inBusiness & Technology

With latest acquisition, Scotts Valley’s Paystand works to become the Venmo of business payments

After his family lost their home in the wake of the 2008 financial crisis, Paystand founder and CEO Jeremy Almond went back to school to figure out how to reduce the economy’s reliance on the traditional banking system. Paystand uses blockchain-based technology to allow mid-sized companies to do things like pay vendors directly without having to mail them a paper check or automate payments for recurring bills. Earlier this month, it acquired New York-based Teampay, which brings Paystand’s network of companies to more than a million.

Posted inBusiness & Technology

This week in Santa Cruz County business: Cruz Foam’s national deal, REI employees vote to unionize, outdoor dining permit rules still pending approval

Cruz Foam is expanding the reach of its sustainable packaging, the Santa Cruz County labor movement takes another step and the latest chapter in what’s become a complicated transition to outdoor dining in Santa Cruz are all topics in Jessica M. Pasko’s weekly business roundup.

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