PayPal expands globally, investing in Europe, Brazil, MEA, and digital wallets, while facing stiff competition and challenges ...

PayPal (PYPL) is extending the role of its PYUSD stablecoin into artificial intelligence finance, linking it to onchain funding mechanisms developed by USD.AI, a stablecoin protocol that provides ...

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 ...

Payments company PayPal (PYPL) applied for a Utah industrial bank license, it said Monday, with the goal of creating a lending arm called PayPal Bank. The company, which also operates the PYUSD ...

PayPal is the latest company looking to become a bank in the US. On Monday, the company announced it had submitted applications for PayPal Bank to the Federal Deposit Insurance Corporation (FDIC) and ...

PayPal has applied to establish a Utah-chartered bank, a move that would allow the firm to hold deposits and increase lending capacity to small businesses. PayPal, one of the earliest online payment ...

Connecting the dots: PayPal Holdings has applied for a US banking charter, a significant step in its long-term effort to deepen its role in financial services and reduce reliance on third-party ...

PayPal is seeking a banking charter that would allow it to boost its lending business, offer savings accounts that can earn interest and make customers’ deposits eligible for federal insurance ...

PayPal PYPL-0.64%decrease; red down pointing triangle has applied to form a bank offering business loans and savings accounts. The digital payments company, which owns Venmo, said Monday it had filed ...

Dec 15 (Reuters) - Payments firm PayPal (PYPL.O), opens new tab said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize on a friendly regulatory ...

Key insights: PayPal submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to create PayPal Bank. What's at stake: Payment companies and ...

PayPal USD (PYUSD), the stablecoin launched by PayPal, has recorded 216% growth in under 90 days, with new data from DeFiLlama showing a sharp increase in the stablecoin’s circulation and on-chain ...