article thumbnail

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

article thumbnail

This Week In Retail: Funding, Finance And Tech

PYMNTS

American Express is in the hot seat this week as the Consumer Financial Protection Bureau (CFPB) ordered the credit card company to pay out a very large amount to consumers in Puerto Rico and the U.S. Here are the numbers: $240 million | Amount Prodigy Finance raised in its venture capital equity funding round. $96

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payless Approved By Bankruptcy Court To Begin Closing Stores

PYMNTS

Canada and Puerto Rico, and also a robust online operation. Payless will honor gift cards and store credit until March 11, and it will allow returns and exchanges that were made before Feb. The court approved the shoe company’s first day motions related to the bankruptcy filing. Payless has stores in the U.S.,

article thumbnail

Spring Break Goes High-Tech

PYMNTS

Between March 4 and March 31 this year, Tinder users in 20 popular spring break cities – Cabo, Lake Havasu, Las Vegas, Miami, New Orleans, Puerto Rico, Puerto Vallarta, San Diego and others – were able to see the Spring Break card while swiping.