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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

For small businesses, expansion is key, and expansion needs capital. In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. In addition, said Arora, whose firm has arranged for $1.7

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MoneyGram Extends Relationship With Walmart

PYMNTS

Puerto Rico and on its digital platform at walmart.moneygram.com. In July, the company reported that its online transaction volume grew 106 percent year over year during the second quarter, as the firm capitalized on a digital transformation that began long before the pandemic. .

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Tech Center: Microsoft In Montreal, Puerto Rico’s Entrepreneurism

PYMNTS

In this week’s Tech Center tracker, we round up the latest tech news happening around the globe, including Microsoft’s expansion of its artificial intelligence (AI) footprint in Montreal, how Puerto Rico is taking on tech innovation and Indianapolis’ efforts to lure tech talent. The New Puerto Rico.

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Petco’s $864 Million IPO Beats Forecasts 

PYMNTS

Mexico and Puerto Rico, including a network of more than 100 in-store veterinary hospitals. Petco is controlled by CVC Capital Partners and Canada Pension Plan Investment Board, which acquired the company in 2015 for $4.6 The company will be listed as WOOF on Nasdaq. Founded in 1965, the company has stores across the U.S.,

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Can Politicians Give The Global Sharing Economy A Boost?

PYMNTS

Puerto Rico is still trying to recover from 2017’s Hurricane Maria, and much of that effort involves getting more tourists to visit the island. According to CaribbeanBusiness.com , Puerto Rico Gov. And investors are still pouring capital into companies operating in the sector.

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CIT Sells Wealth Advisory Arm to First Sun Capital

Banking Exchange

Plus: FirstBank Puerto Rico completes Santander purchase, and Farmers and Merchants Bank is approved for community bank merger Management Feature Feature3 M&A.

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New Unemployment Claims Down 48K To 709K

PYMNTS

24 were in Hawaii (9.9), California (8.9), New Mexico (8.5), Nevada (8.2), the Virgin Islands (7.1), Massachusetts (7.0), Puerto Rico (6.9), Georgia (6.8), District of Columbia (6.5) The COVID-19 vaccine is expected to have a positive effect on the labor market and other areas of the economy. and Alaska (6.1).