The payment giant is seeking approval to launch PayPal Bank, which would offer business loans, savings accounts, and FDIC insurance.
PayPal wants to cut out the middleman and become the bank itself. The payment company announced it submitted applications to Utah regulators and the FDIC to establish what will be called PayPal Bank.
If approved, PayPal Bank would offer small busines… [1031 chars]
Source: Entrepreneur | Published: 2025-12-17T16:23:00Z
Credit: Entrepreneur
