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 ...

PayPal announced this week that it submitted regulatory applications to create PayPal Bank, a new industrial loan company to support small businesses. The company said Monday that it filed documents ...

PayPal can handle many day-to-day financial tasks, from online shopping to sending money to friends. But replacing your bank account entirely with PayPal isn’t practical for most people. While PayPal ...

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 ...

Entrepreneurs trying to grow their businesses cite enduring challenges in getting loans from banks, whose vetting processes are often glacial, and frequently result in rejection. News this week ...

PayPal Holdings, Inc.'s recently announced its pursuit of an industrial loan company charter to increase its alignment with emerging small and medium-sized business lending and digital payments ...

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 ...