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Off The Continent And Into Puerto Rico For Online SMB Lending

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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. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

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No Candy: Godiva To Close US Stores

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retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. They are in 31 states and Puerto Rico. Godiva, the maker of high-end chocolates that significantly expanded its U.S.

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This Week In Retail: Funding, Finance And Tech

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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. based online lender Prodigy shared its funding news. The discount retailer has also announced two partnerships this week, one with Google and one with IBM. Moving into lending news, U.K.-based

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Petco’s $864 Million IPO Beats Forecasts 

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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. billion in 2019. .

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MoneyGram Extends Relationship With Walmart

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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. . million in revenue. Total revenue was $279.8

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Sears Offers Online ‘LEASE IT’ Financing Program

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Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online. There is also an online estimator tool to help members estimate their payment with different payment schedules and lease amounts.

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Today In Payments Around The World: Razer Fintech, Visa Unveil Prepaid Card; SafetyPay Collaborates With LATAM’s Rappi

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Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. The Abu Dhabi Investment Authority (ADIA) is investing approximately $750 million in Reliance Industries subsidiary Reliance Retail Ventures Ltd. percent share of Reliance Retail. through March 2024.