PayPal applies for US banking licence
Fintech seeks to capitalise on Trump administration’s looser regulatory environment in financial industry
Fintech seeks to capitalise on Trump administration’s looser regulatory environment in financial industry

A company etched in Silicon Valley folklore as a disrupter needs reinvention

Move is rare exercise of Financial Conduct Authority’s competition law powers

Average time to complete a deal has fallen to four months

And Trump’s non-deal with China

London-based fintech says move influenced by Trump administration’s willingness to permit new players

His interventions in the sector exceed anything the EU has done