PayPal can be used like a bank in some ways, with tools for spending, saving and accessing cash — but it’s a fintech company, not a regulated bank. Some PayPal funds are FDIC-insured up to $250,000 ...

PayPal can handle many day-to-day financial tasks, from online shopping to sending money to friends. But replacing your bank account entirely with PayPal isn’t practical for most people. While PayPal ...