PayPal (PYPL) provides access to over 1.4 million loans and cash advances to more than 420,000 business accounts globally through its merchant lending solutions SAN JOSE, Calif., March 26, 2025 ...
PayPal is quickly moving beyond payments and now looking to directly get into banking in the US. (Photo Illustration by Thomas Trutschel/Photothek via Getty Images) When PayPal announced in ...
After PayPal filed to create a new banking unit, digital loan platform Slope launched a new, JPMorgan-backed credit offer to Amazon vendors. Entrepreneurs trying to grow their businesses cite enduring ...
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 ...
Trumpeting its financing services for small and mid-size businesses, payments giant PayPal Holdings Inc. disclosed Wednesday that it has passed $30 billion in global loan originations. It has extended ...
E-retailers in need of quick cash can add PayPal to a growing list of non-traditional sources for financing, as mainstream lending to small businesses continues to lag. The online-payment giant ...
PayPal has applied to become a U.S. bank, submitting the required applications to federal and state regulators on Monday to become a Utah-chartered industrial loan company (ILC). The company based the ...
Entrepreneurs trying to grow their businesses cite enduring challenges in getting loans from banks, whose vetting processes are often glacial, and frequently result in rejection. News this week ...