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PayPal Moves to Set Up Utah-Chartered Bank to Bolster Payments and Lending [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
If approved, it could help position the payments giant to more directly support its expanding crypto and stablecoin operations within a regulated banking framework. The application, filed with Utah regulators and the Federal Deposit Insurance Corporation, would allow PayPal to originate loans, hold customer deposits, and access payment networks more directly, reducing its reliance on partner banks. The aim is to "provide business lending solutions more efficiently to small businesses in the U.S., while reducing reliance on third parties," PayPal wrote in a statement. "Securing capital remains a significant hurdle for small businesses striving to grow and scale,” CEO Alex Chriss said in the statement. Decrypt has reached out to the FDIC, the Utah Department of Financial Institutions, and PayPal for additional information on the filing, but has not yet received a response. PayPal to Enable Businesses to Accept Bitcoin, Ethereum and Other Cryptocurrencies PayPal's foray into [Read more]
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Stockreport

PayPal Moves to Set Up Utah-Chartered Bank to Bolster Payments and Lending [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
If approved, it could help position the payments giant to more directly support its expanding crypto and stablecoin operations within a regulated banking framework. The application, filed with Utah regulators and the Federal Deposit Insurance Corporation, would allow PayPal to originate loans, hold customer deposits, and access payment networks more directly, reducing its reliance on partner banks. The aim is to "provide business lending solutions more efficiently to small businesses in the U.S., while reducing reliance on third parties," PayPal wrote in a statement. "Securing capital remains a significant hurdle for small businesses striving to grow and scale,” CEO Alex Chriss said in the statement. Decrypt has reached out to the FDIC, the Utah Department of Financial Institutions, and PayPal for additional information on the filing, but has not yet received a response. PayPal to Enable Businesses to Accept Bitcoin, Ethereum and Other Cryptocurrencies PayPal's foray into [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