Robinhood is moving into banking services with luxury perks and same-day cash delivery

7 months ago 8

Robinhood might have broken into the zeitgeist as a platform for trading meme stocks and cryptocurrencies, but now it’s following through on long-held ambitions in the hope of becoming a one-stop shop for all your finance needs. Starting this fall, it will offer banking services.

Those with a Gold subscription will have access to Robinhood Banking, billed as a private banking offering with individual and joint checking and savings accounts as well as luxury benefits on offer. There will be the option to send money to others in more than 100+ countries and, handily for those who are tired of traipsing to an ATM, you can have cash delivered to your door the same day you request it (depending on your location).

Features include access to estate planning a...

Source: https://www.engadget.com/big-tech/robinhood-is-moving-into-banking-services-with-luxury-perks-and-same-day-cash-delivery-152523887.html?src=rss

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