PayPal Seeks Regulatory Approval to Launch PayPal Bank, Targeting Small Businesses

PayPal, an online payment platform that allows users to send and receive money, has applied for regulatory approval to establish a PayPal bank. According to the payment giant, this move would enable it offer loans directly to small businesses in the United States. Speaking on this, PayPal CEO Alex Chriss said, “Establishing PayPal Bank will … Continue reading PayPal Seeks Regulatory Approval to Launch PayPal Bank, Targeting Small Businesses