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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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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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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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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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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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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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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.,