2025-12-16
“Paypal rescinds its application to become a bank shortly after discovering it can no longer permanently freeze accounts for no damn reason.”
Wall Street Journal
PayPal says it filed US applications to establish PayPal Bank, to offer savings accounts and cut its reliance on third parties when loaning to small businesses
Buy now, pay later firms and crypto companies are making moves left, right, and center to become banks, and PayPal wants to join the party. … Scott T Henderson : PayPal looking to ...