Small businesses have always faced the same brutal truth: banks don't want to lend to them. They're too risky, the loan amounts are too small, and the paperwork is too expensive relative to the ...

Whether major banks, such as JPMorgan Chase and Capital One, might have an interest in owning PayPal could turn on their ...

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 ...

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 ...

Apps have changed the way people shop, connect and even work. Some apps even change the way people bank. One of the leading options, PayPal, has 429 million users in America — according to Zippia — ...

PayPal has started the formal process to open "PayPal Bank" which it hopes will improve small business lending in the US and reduce reliance on third-party banks. In a press release, the company ...

Simply sign up to the US banks myFT Digest -- delivered directly to your inbox. PayPal has applied to become a bank in the US, the latest fintech seeking to capitalise on the Trump administration’s ...