PayPal files with Utah and the FDIC to launch PayPal Bank, an industrial loan company offering small business lending and ...
MONTREAL, Dec. 9, 2025 /CNW/ - Desjardins Investments Inc., the manager of Desjardins Funds, is announcing changes to its mutual fund lineup. Desjardins Investments regularly reviews its mutual fund ...
The payment giant is seeking approval to launch PayPal Bank, which would offer business loans, savings accounts, and FDIC insurance.
The move follows a broader push for financial deregulation under President Trump that has allowed digital asset companies to obtain preliminary banking charters.
LÉVIS, QC, Dec. 5, 2025 /CNW/ - In the face of a housing crisis that is currently impacting thousands of families, students and people living alone, Desjardins Group has announced that it is expanding ...
Payments firm PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize on a friendly regulatory environment under the Trump administration.
The San Jose-based firm submitted applications to both the Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions to form an industrial loan company ...
PayPal has applied to create its own bank, filing with Utah regulators and the FDIC to establish PayPal Bank, an industrial loan company. The move ...
The company behind the PYUSD stablecoin said it wants to offer business lending and interest-bearing savings accounts.