PayPal Moves to Cut Out Partner Banks with Utah Charter Application

PayPal Holdings Inc. NASDAQ: PYPL has applied for industrial banking services in Utah, aiming to expand small business lending by reducing reliance on third-party partners. PayPal Files to Launch an Industrial Loan Company in Utah PayPal announced on Monday, December 15, 2025 that it submitted applications to the Utah Department of Financial Institutions and the […] Read The Full Article PayPal Moves to Cut Out Partner Banks with Utah Charter Application On Coin Edition.