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PayPal has announced that it has officially applied to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to create PayPal Bank.
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Steve Squeri said higher surcharges would be a negative experience for the card network's customers
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KakaoBank has deepened its partnership with Indonesian digital bank Superbank, in which it made its first overseas equity investment, to expand globally.
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Revolut has initiated the launch of Revolut Mobile, a 5G data, calls, and texts plan, waitlisting customers until general access availability in January 2026.
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Octane Lending has raised USD 100 million in a Series F funding round, increasing the company''s total equity capital raised since its founding to USD 342 million.
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