AOL

Should you replace your bank account with PayPal?

PayPal can handle many day-to-day financial tasks, from online shopping to sending money to friends. But replacing your bank account entirely with PayPal isn’t practical for most people. While PayPal ...
CNBC

PayPal applies to form bank that can offer small business loans and savings accounts

PayPal said it has applied for approval to form PayPal Bank, which would be able to extend loans to small businesses. The company has applications pending with the state of Utah and the Federal ...
The Spokesman-Review

PayPal applies to form its own bank to expand small-business lending

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 ...
Seeking Alpha

PayPal Submits Applications to Establish an Industrial Bank to Expand Access to Financial Services for U.S. Small Businesses

SAN JOSE, Calif., Dec. 15, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (PYPL) today announced it has submitted applications to the Utah Department of Financial Institutions and the Federal Deposit ...