SC Black Owned Bank and PayPal

Optus Bank, an African American bank based in Columbia, SC, announced that they are the first bank to receive $50 million in deposits from PayPal. The money is part of the company’s $530 million commitment to racial justice and economic opportunity. Optus Bank has been lending to minority- and women-businesses since 1921. For more about Optus, go to www.optus.bank.

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