PayPal plans to launch bank serving small businesses around the US

PayPal files with Utah and the FDIC to launch PayPal Bank, an industrial loan company offering small business lending and FDIC-insured savings accounts.

PayPal Just Filed to Become a Real Bank—Here’s Why That Matters for Small Businesses

The payment giant is seeking approval to launch PayPal Bank, which would offer business loans, savings accounts, and FDIC insurance.
Banking Exchange

PayPal Applies for Utah Bank License to Expand Small Business Lending

If approved, PayPal Bank would offer business loans and savings accounts PayPal has applied to US regulators to establish an industrial bank in Utah as part of a move to more efficiently provide ...
The Peninsula Qatar

PayPal applies to form its own bank to expand small-business lending

California: PayPal is seeking a banking charter that would allow it to boost its lending business, offer savings accounts ...
Forbes

PayPal Bank: What A U.S. Charter Would Mean For SME Lending

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 ...
AOL

Should you replace your bank account with PayPal?

PayPal can be used like a bank in some ways, with tools for spending, saving and accessing cash — but it’s a fintech company, not a regulated bank. Some PayPal funds are FDIC-insured up to $250,000 ...
Android Police

Transfer cash from Venmo, PayPal and other P2P apps to your bank

Jon has been an author at Android Police since 2021. He primarily writes features and editorials covering the latest Android news, but occasionally reviews hardware and Android apps. His favorite ...