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 ...
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Trying to link your bank account to PayPal but not sure where to start? This easy tutorial shows you how to add a bank ...
PayPal Holdings, Inc.'s recently announced its pursuit of an industrial loan company charter to increase its alignment with emerging small and medium-sized business lending and digital payments ...
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 ...
PayPal has announced its plan to cut its global workforce by 9% or about 2,500 jobs this year. PayPal said Monday it has filed applications with regulators to launch a new bank designed to better ...
In a strategic pivot, PayPal is moving to establish itself as a regulated banking institution in the United States. The payments giant has initiated the process to obtain its own banking charter, a ...
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 ...
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PayPal is seeking a banking charter that would allow it to boost its lending business, offer savings accounts that can earn interest and make customers’ deposits eligible for federal insurance ...