PayPal has applied to the FDIC and the Utah Department of Financial Institutions to establish a Utah-chartered industrial bank. The article PayPal applies for banking license: Fintech giant aims to expand lending business was first published on Crypto Valley Journal.
source: https://cryptovalleyjournal.com/focus/legal-and-compliance/paypal-applies-for-banking-license-fintech-giant-aims-to-expand-lending-business/?utm_campaign=rss_reader&utm_medium=rss&utm_source=feed_source&utm_content=PayPal+applies+for+banking+license%3A+Fintech+giant+aims+to+expand+lending+business