Tag : Industrial Bank

PrincePerelson & Associates Delivers CEO for New Utah Industrial Bank
Banking Fintech News

PrincePerelson & Associates Delivers CEO for New Utah Industrial Bank

EIN Presswire
by EIN Presswire0
Utah based, executive search firm delivers the President & CEO for a de novo industrial bank backed by a fast-growing New York fintech. PrincePerelson & Associates, one of Utah’s leading recruiting and executive search firms, recently announced the successful completion of a confidential executive search resulting in the placement of......
PayPal Submits Applications to Establish an Industrial Bank to Expand Access to Financial Services for U.S. Small Businesses
Finance News

PayPal Submits Applications to Establish an Industrial Bank to Expand Access to Financial Services for U.S. Small Businesses

PR Newswire
by PR Newswire0
PayPal Holdings, Inc. announced it has submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to establish PayPal Bank, a proposed Utah-chartered industrial loan company. Since 2013, PayPal has provided access to over $30 billion in loans and working capital to more than 420,000 business accounts worldwide, filling a critical gap for small......
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