Posted inLatest News

With 15,000 Santa Cruz County homeowners being ‘non-renewed’ for insurance, anxieties grow as plans are hatched in Sacramento

Amid a local and statewide insurance crisis, the California Insurance Commissioner’s office sent representative Richie Sayavong to Santa Cruz County on Tuesday to discuss the current struggles with the board of supervisors and lay out the ways the office is trying to mitigate impacts. He participated in an insurance forum in Scotts Valley later Tuesday night.

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.

Sign up for newsletters

Get the best of Lookout Santa Cruz directly in your email inbox.

Sending to:

Gift this article