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PayPal, issuer of PYUSD, applies for Utah industrial bank license [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL)  More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
The company, which also operates the PYUSD stablecoin through a partnership with Paxos, said in a press release it intends to "provide business lending solutions" to small businesses and interest-bearing savings accounts to other customers. It also intends to work with credit card networks. PayPal also applied for deposit insurance through the Federal Deposit Insurance Corporation. In a statement, PayPal CEO and President Alex Chriss said, "securing capital remains a significant hurdle for small businesses striving to grow and scale." "Establishing PayPal Bank will strengthen our business and improve our efficiency, enabling us to better support small business growth and economic opportunities across the U.S.," he said. Utah industrial banks are subject to "the same regulatory and supervisory oversight as commerical banks," but their activities "are not as restricted," according to the Utah Department of Financial Institutions website , with these types of institutions not be [Read more]
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Stockreport

PayPal, issuer of PYUSD, applies for Utah industrial bank license [Yahoo! Finance]

PayPal Holdings, Inc.  (PYPL) 
More Company Research Source: Yahoo! Finance
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
The company, which also operates the PYUSD stablecoin through a partnership with Paxos, said in a press release it intends to "provide business lending solutions" to small businesses and interest-bearing savings accounts to other customers. It also intends to work with credit card networks. PayPal also applied for deposit insurance through the Federal Deposit Insurance Corporation. In a statement, PayPal CEO and President Alex Chriss said, "securing capital remains a significant hurdle for small businesses striving to grow and scale." "Establishing PayPal Bank will strengthen our business and improve our efficiency, enabling us to better support small business growth and economic opportunities across the U.S.," he said. Utah industrial banks are subject to "the same regulatory and supervisory oversight as commerical banks," but their activities "are not as restricted," according to the Utah Department of Financial Institutions website , with these types of institutions not be [Read more]
IMPACT SNAPSHOT
EVENT TIME:
PYPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS