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Affirm joins companies seeking US bank charters under Trump

Block, PayPal, Circle and Ripple among other banking charter applicants

Bloomberg NewsbyBloomberg News
January 23, 2026
in Banking
Reading Time: 1 min read
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Affirm Holdings Inc. said it applied for a limited bank charter to help roll out additional financial-technology products for the buy-now, pay-later company’s US customers. The San Francisco-based firm submitted applications to the Nevada Financial Institutions Division and the Federal Deposit Insurance Corp. to establish a Nevada-chartered industrial loan company, which would operate as a […]

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