PayPal Seeks Banking License! A Hope for the Turnaround Story or Last Breakthrough?
Reading Time: 4 minutes
After years of disappointment on the stock market, PayPal (PYPL) is sparking new excitement with a strategic move. The application for its own banking license aims to restore growth, efficiency, and trust. But is this enough to put the former stock market darling back on track? PayPal - from FinTech pioneer to stock market problem child PayPal has been one of the most recognized names in digital payments for decades. The company facilitates online payments, merchant checkouts, peer-to-peer transfers, credit solutions, and services such as Venmo...
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