PayPal Reports Narrower Loss, As Firm Gets Set to Go Public. Paypal was one of my favorite tech-tools of the boom-boom era. You could wire funds from a bank account or credit card to another paypal account for no charge (you can imagine the benifit while in college). Be that as it may, I doubt PayPal can survive on its own. Look for them to partner with a bank…but only at a fraction of its IPO price.