PayPal filed regulatory applications with the Utah Department of Financial Institutions and FDIC to create PayPal Bank, an industrial loan company for small business lending.
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 with the Utah Department of Financial Institutions … [2762 chars]
Source: Fox Business | Published: 2025-12-17T13:08:51Z
Credit: Fox Business
