PayPal plans to launch bank serving small businesses around the US

PayPal files with Utah and the FDIC to launch PayPal Bank, an industrial loan company offering small business lending and FDIC-insured savings accounts.

Orignial Source:

https://www.foxbusiness.com/economy/paypal-plans-launch-bank-serving-small-businesses-around-us

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PayPal plans to launch bank serving small businesses around the US

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