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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.

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Fizzle Of The Week: Puerto Rico’s Cash Crisis

PYMNTS

Uber : The ride-hailing firm is being sued by shareholders who are claiming fraud, due to the fact that the company — via ex-CEO Travis Kalanick — allegedly did not disclose during capital-raising efforts the fact that Uber may have broken laws. Fizzle of the Week: Puerto Rico’s Cash Crisis. Puerto Rico is short on cash.

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This Week In Retail: Funding, Finance And Tech

PYMNTS

Moving into lending news, U.K.-based Walmart is getting in on the lending game in its own way with the unveiling of an installment loan offering that will allow people to put higher-priced items on a payment schedule. Here are the numbers: $240 million | Amount Prodigy Finance raised in its venture capital equity funding round. $96

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Banking's Top 5 Total Return to Shareholders: 2022 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. and Puerto Rico banking laws and regulations. Founded in 1964, OFG's banking subsidiary, Oriental Bank , is one of Puerto Rico's largest banks, and is focused on the island and the U.S.