PayPal plans to launch PayPal Bank to provide small businesses with loans, savings accounts, and better financial tools.

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

Bank On, an initiative to serve the underbanked or unbanked, saw a 27% jump last year in new accounts. Why this is welcomed ...

Payments firm PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize ...

The move would allow the firm to originate loans directly, hold customer deposits, and access payment networks without ...

Small businesses have always faced the same brutal truth: banks don't want to lend to them. They're too risky, the loan ...

PayPal is seeking a U.S. banking charter to expand lending, offer insured savings accounts and reduce reliance on third ...

PayPal Holdings ( PYPL) submitted applications to the Federal Deposit Insurance Corp. and Utah's Department of Financial ...

PayPal says it has now submitted its own applications to establish a PayPal Bank in the US. PayPal Holdings, Inc today announced it has submitted applications to the Utah Department of Financial ...

The San Jose-based firm submitted applications to both the Federal Deposit Insurance Corporation and the Utah Department of ...

PayPal is a popular digital payment service that also offers credit card processing. Its payment processing services are affordable and easy to use, making it an excellent choice for many small ...

PayPal Holdings Inc. has now formally applied to become a U.S.‑chartered bank, submitting a written application to the ...