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352 PayPal Applies to Become a Bank for Small Business Lending

The Information
Miles Kruppa @ The Information · 12/15/2025 20:53 EDT

PayPal Applies to Become a Bank for Small Business Lending

PayPal Holdings applied to set up a Utah-based bank, a move that would allow it to directly provide loans to customers instead of relying on third-party banks for much of the process. The 27-year old online payments company filed applications with the Utah Department of Financial Institutions ...

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