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

Petco’s $864 Million IPO Beats Forecasts 

PYMNTS

The nationwide chain — which operates about 1,470 retail stores selling pet supplies and professional services like veterinary care — is changing its name to Petco Health and Wellness in conjunction with the listing. Mexico and Puerto Rico, including a network of more than 100 in-store veterinary hospitals.

Insiders

Sign Up for our Newsletter

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

article thumbnail

This Week In Retail: Funding, Finance And Tech

PYMNTS

This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. The discount retailer has also announced two partnerships this week, one with Google and one with IBM. Virgin Islands. Virgin Islands consumers.

article thumbnail

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. .

article thumbnail

Walgreens Teams With Postmates For Expanded Delivery

PYMNTS

31, 2019, Walgreens had 9,277 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. Postmates delivers products from more than 600,000 restaurants and retailers and covers 80 percent of households in all 50 states. . over the past five years due to an influx of venture capital. Virgin Islands.

article thumbnail

Payless Approved By Bankruptcy Court To Begin Closing Stores

PYMNTS

Payless, a nationwide discount shoe retailer, has won approval from a bankruptcy court to begin closing its 2,500 stores in North America, effectively putting 16,000 employees into eventual unemployment, according to reports. Canada and Puerto Rico, and also a robust online operation. Payless has stores in the U.S.,

article thumbnail

Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc. This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. As part of the realignment, select branches of Popular Bank will be consolidated, resulting in 11 branch closures.