PayPal, do you enter the stock trading platform in the United States?

Written By mobilephonebrand

It is reported that Paypal, a major settlement service, is looking for entry into the stock trading platform in the United States.

According to the U.S. Business News Media CNBC as a story from multiple sources, it was expanding the cryptocurrency trading function at the end of 2020, and then looking for entry into the stock trading platform.As part of that, we adopted Rich Hagen, a veteran of the securities industry.According to Hagen's Linkedin, he has become the Paypal Investment Division CEO.In addition, the self -introduction states that "PayPal's initiatives are looking for opportunities for investment businesses."


 PayPal、米国で株取引プラットフォームに参入か

Paypal's Dan Schulman CEO also suggests that in February, in the text for investors, it may partner with various financial institutions to expand the service.The partnership said that high -yield savings accounts, direct deposits, checks, and investment functions could be realized.PayPal seems to be in mind that it is a super app, including shopping, digital wallets, and investment functions.

Even if you decide to enter the stock trading, it is unlikely that the service will be launched in 2021 because the approval of the financial regulation authorities (Finra) is required by actually starting the service.It can be considered.

Source: CNBC

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