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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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Popular in Puerto Rico urged by activist investor to sell

Payments Source

Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.

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MoneyGram Extends Relationship With Walmart

PYMNTS

MoneyGram International , the global peer-to-peer payment and money transfer company, has extended to its relationship with Walmart Inc. Puerto Rico and on its digital platform at walmart.moneygram.com. through March 2024, the Texas-based company announced on Tuesday (Oct.

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Popular in Puerto Rico urged by activist investor to sell

American Banker

Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.

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This Week In Retail: Funding, Finance And Tech

PYMNTS

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 Virgin Islands.

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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. In addition, the bank developed a niche in the payments business, sponsoring multiple independent sales organizations (ISOs) specializing in bankcard and ACH payment solutions, generating $2.5

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China, Alibaba Are Big Players On The Blockchain Patent Block

PYMNTS

million in financing from a host of investors — including Maersk Growth, the venture capital (VC) arm of Maersk, the shipping firm. Puerto Rico is looking at ways to beef up the performance and security of the electric grid itself, following hurricanes that struck last year.