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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

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. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

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PayPal Extras Mastercard Program Renewed

PYMNTS

and Puerto Rico. “We The PayPal Extras Mastercard is designed to provide PayPal members with additional value with every purchase, both online and in stores. The latter has stated it would, in turn, look to boost its own presence in the region. The card also includes Buyer Protection for every purchase made via PayPal.

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Startup Continent: The Most Well-Funded Tech Startups In Latin America

CB Insights

This includes investment in leading tech companies such as on-demand delivery startup Rappi in Colombia and online food delivery platform iFood in Brazil. 2 of the 11 companies featured in our map are unicorns ( valued at $1B+ ) : on-demand delivery startup Rappi in Colombia and online food delivery platform iFood in Brazil.

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Hurricane Florence’s Retail Punch

PYMNTS

Though not expected to be as damaging as the hurricane run that ripped through Texas, Florida and Puerto Rico last year, Hurricane Florence is expected to deal $700 million worth of net negative impact on the U.S. A bad one — bad enough, in fact, to be this week’s biggest fizzle.

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Singtel Teams With Axiata Digital; Cleartrip Integrates Apple Pay

PYMNTS

European tech firm Aave is rolling out its Aave Pay app, online travel firm Cleartrip has brought Apple Pay to its mobile app in Saudi Arabia and Elavon has been selected by Canada’s Jetlines for payment services. And, in Saudi Arabia , online travel firm Cleartrip has brought Apple Pay to its mobile app, TradeArabia reported.

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$120B Still Available As Appetite For PPP Loans Slows

PYMNTS

Small businesses are keeping their employees on payroll and earning salary,” said Steve Bulger, SBA Atlantic Regional Administrator who oversees the federal agency’s operations in New York, New Jersey, Puerto Rico and the U.S. Virgin Islands. . Marco Rubio (R-Fla.)

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CUs Try To Solve The Cannabis Cash Conundrum

PYMNTS

The announcement came from Financial Services Superintendent Linda Lacewell, who said that she, along with banking regulators from nine other states and from Puerto Rico, will examine charges levied by the lending firms that are classified as “tips” or “membership fees.”.