PayPal is quickly moving beyond payments and now looking to directly get into banking in the US. (Photo Illustration by Thomas Trutschel/Photothek via Getty Images) When PayPal announced in ...
Paychex announces a new strategic partnership with PayPal to improve access to employee benefits as research points to a ...
PayPal PYPL0.88%increase; green up pointing triangle has applied to form a bank offering business loans and savings accounts. The digital payments company, which owns Venmo, said Monday it had filed ...
PayPal wants to cut out the middleman and become the bank itself. The payment company announced it submitted applications to Utah regulators and the FDIC to establish what will be called PayPal Bank.
PayPal announced this week that it submitted regulatory applications to create PayPal Bank, a new industrial loan company to support small businesses. The company said Monday that it filed documents ...
PayPal is the latest company looking to become a bank in the US. On Monday, the company announced it had submitted applications for PayPal Bank to the Federal Deposit Insurance Corporation (FDIC) and ...
It looks like we could be seeing the launch of a PayPal Bank in the US after the company took advantage of looser conditions in order to make its application … Even for a company the size of PayPal, ...
PayPal Holdings, Inc.’s recent application for a bank charter directly contradicts the asset-light argument that underpinned my September upgrade—I analyze whether this strategic pivot breaks the ...
Earlier in December, PayPal applied to establish PayPal Bank, a Utah-chartered industrial loan company that would offer FDIC-insured savings accounts, expand small‑business lending, and reduce its ...
PayPal Holdings (PYPL) submitted applications to the Federal Deposit Insurance Corp. and Utah's Department of Financial Institutions to form a Utah-chartered industrial loan company, in a move to ...
Dec 15 (Reuters) - Payments firm PayPal (PYPL.O), opens new tab said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize on a friendly regulatory ...