PayPal
PayPal Bids Farewell to Middlemen, Embarks on Building Its Own Bank
December 16, 2025 – PayPal, the well – known payment giant, has put forward an application to the regulatory authorities in Utah and the Federal Deposit Insurance Corporation (FDIC) in the United States. The company is seeking permission to establish a licensed industrial bank in Utah. The main objective behind this move is to gain…