PayPal has started the formal process to open "PayPal Bank" which it hopes will improve small business lending in the US and ...

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 ...

Discover how PayPal’s bid to become a Utah-chartered industrial bank could transform small business lending in the U.S.

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 ...

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

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 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 ...