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Citation needed? I'm not seeing anything indicating PayPal has a bank charter in the US.
by dataflow 3mo ago
Citation needed? I'm not seeing anything indicating PayPal has a bank charter in the US.
- kalleboo 3mo agoI can see that they applied last year but not that they've been approved https://newsroom.paypal-corp.com/2025-12-15-PayPal-Submits-Applications-to-Establish-an-Industrial-Bank-to-Expand-Access-to-Financial-Services-for-U-S-Small-Businesses https://newsroom.paypal-corp.com/2025-12-15-PayPal-Submits-A...
- dataflow 3mo agoYes, exactly. It's kind of an... important distinction.