PayPal has applied to create its own bank, filing with Utah regulators and the FDIC to establish PayPal Bank, an industrial ...
PayPal files with Utah and the FDIC to launch PayPal Bank, an industrial loan company offering small business lending and FDIC-insured savings accounts.
Discover how PayPal’s bid to become a Utah-chartered industrial bank could transform small business lending in the U.S.
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PayPal wants to become a bank in the US

PayPal is no longer content to sit on the edge of the financial system, routing payments between banks and cards. It now ...
Payments company PayPal (PYPL) has applied for a Utah industrial bank license. The goal is to create a lending arm called ...