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Robinhood plans to launch online banking, which it says will include perks like home cash deliveries. The service will offer a 4% annual interest rate, Robinhood said in its announcement.
Users of the investing app Robinhood can now earn 5.00% APY on uninvested cash—but only by signing up for a premium Robinhood Gold subscription. This new rate is Robinhood’s highest savings ...
Take into account that the stock was priced around $55 in mid-May 2025 and has already surged by nearly 2x in less than 3 ...
Robinhood will now pay subscription customers a 5% annual percentage yield (APY) on uninvested cash, the company told CNN on Wednesday. That’s far higher than traditional banks and among the ...
Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.
Wealth management and brokerage firms have benefited from robust investor engagement as customers have added money to their ...
Robinhood's super-app vision is ambitious, integrating brokerage, blockchain, and banking to create a closed-loop financial ecosystem for younger generations. Despite innovative moves like IRA ...
Robinhood just confirmed it’s building full-scale banking services into its app—and those services will include a feature for cash delivery straight to your house. The announcement came on ...
Thus, I expect that Robinhood's sales from interest should fall back to $50M to $150M by 2025 (quarterly), with a wide range as it remains unclear if my aggressive rate-cut outlook will hold.