PayPal has applied to become a bank in the U.S., seeking to capitalize on President Donald Trump’s more permissive approach ...

Qonto has filed for a banking license, according to a public statement. Qonto, a Fintech that is already serving more than 600,000 SMEs and freelancers in eight different countries including France, ...

Interactive Brokers Group ($IBKR) has submitted an application to form a new national trust bank in the U.S., according to a filing with the ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Launched in 2017 by Alexandre Prot and Steve Anavi, Qonto ...

Ripple has been granted a conditional approval for its banking license application — Source: CoinGape The OCC has granted a conditional approval for the Ripple National Trust Bank. The firm's CEO, ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This strategic move is part of the company’s core mission to democratize ...

The move would allow the firm to originate loans directly, hold customer deposits, and access payment networks without ...

Revolut has received a UK banking license. The global Fintech now enters the PRA’s ‘mobilization’ stage, “having received authorization with restrictions, designed for new banks to complete the build ...