NasdaqGS:PYPLDiversified Financial
Does PayPal’s Bid To Launch “PayPal Bank” Transform The Bull Case For PayPal Holdings (PYPL)?
In recent days, PayPal Holdings has applied to establish “PayPal Bank,” a Utah-chartered industrial loan company that would expand its small-business lending, offer interest-bearing savings accounts, and reduce reliance on partner banks while bringing deposits under FDIC insurance.
At the same time, several major Wall Street firms have downgraded PayPal, highlighting concerns about its core branded checkout competitiveness, Venmo monetization, and the operational and regulatory implications...