Key Takeaways PYPL applied to Utah regulators and the FDIC to form PayPal Bank, a proposed Utah-chartered ILC.PayPal Bank will boost U.S. small-business lending, reduce third-party reliance and strengthen operations.Plans to get savings accounts, U.S. card-network membership and FDIC-insured deposits if approval is granted.PayPal Holdings, Inc. (PYPL) announced that it has filed applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) to establish Pa ...

Core Insights - PayPal has submitted regulatory applications to establish PayPal Bank, aimed at providing lending solutions and interest-bearing savings accounts for small businesses [1][2] - The bank's establishment is intended to enhance PayPal's efficiency in supporting small business growth and economic opportunities in the U.S. [5] - Since 2013, PayPal has facilitated over $30 billion in loans and working capital to more than 420,000 business accounts globally [8] Regulatory Framework - Industrial banks, like PayPal Bank, are regulated by states and the FDIC, allowing non-financial companies to own and operate them [9][11] - These banks can offer various consumer and commercial loans and accept federally insured deposits, similar to traditional banks [11] Leadership and Strategy - Mara McNeill has been appointed as the president of PayPal Bank, bringing over 25 years of experience in banking and commercial lending [5] - The establishment of PayPal Bank aligns with the current deregulatory environment encouraged by the Trump administration, which aims to spur growth in financial institutions [11][12]

PayPal PayPal在声明称，若获批准，PayPal Bank将有助于增强公司对小企业的放贷能力。PayPal还表示，自 2013年以来，公司已为小企业提供了超过300亿美元的贷款和融资支持。 "获取资金仍然是小企业谋求发展与扩张的主要障碍。创建PayPal Bank将巩固我们的业务并提升效率， 使我们能更好地支持全美小企业的成长与经济机遇。"PayPal CEO亚历克斯.克里什(Alex Chriss)在声明 中表示。 上周，多家加密货币公司获得了成立银行的初步监管批准，其中包括Circle Internet Group、Ripple和 Paxos。自特朗普今年1月就任美国总统以来，企业申请成立银行的兴趣明显上升。相比之下，在拜登政 府任期内，相关申请寥寥无几，更不用说进入审议阶段，原因在于企业普遍认为获批难度较大。(作者/ 箫雨) 凤凰网科技讯北京时间12月16日，据彭博社报道，"美版支付宝"PayPal已申请在美国成立银行，以利用 特朗普政府对金融科技公司进入银行体系的开放态度。 PayPal目前主营支付业务，该公司在周一发布的声明中称，已向美国联邦存款保险公司和犹他州金融机 构监管部门提交申请， ...

The payments company said it had filed applications with the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to establish PayPal Bank. ...