Re:Don’t store cash in Venmo and PayPal, US regulator warns
by xp84 on Saturday June 03, 2023 @04:28PM
(#36180237)
Yup, and all because they are (and always have been) “not a bank” — just a tech company that you deposit your money into, who makes loans and investments with that money, and provides services to help you move that money around. It’s completely different, see?
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Re:Don’t store cash in Venmo and PayPal, US regulator warns
by jacquesm on Saturday June 03, 2023 @05:28PM
(#36180707)
In Europe they are a bank:
https://www.finextra.com/newsarticle/16927/paypal-gets-banki...