Robinhood is expanding its financial services with the launch of Robinhood Banking, according to The Verge. The all-digital platform is set to debut this fall for Gold subscribers. Users can manage funds and send or receive money through the Robinhood Credit Card app, which will offer on-demand cash delivery in select areas. Robinhood also rolled out Robinhood Strategies, a new wealth management tool featuring actively managed ETFs and single stocks.
Category
🗞
NewsTranscript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Robinhood is expanding its financial services with the launch of Robinhood Banking, according
00:06to The Verge.
00:07The all-digital platform is set to debut this fall for gold subscribers.
00:10Users can manage funds and send or receive money through the Robinhood Credit Card app,
00:14which will offer on-demand cash delivery in select areas.
00:18Robinhood also rolled out Robinhood Strategies, a new wealth management tool featuring actively
00:23managed ETFs and single stocks.
00:25For all things money, visit Benzinga.com slash GSTV.
00:30Thanks for watching.
00:31For more information, visit www.benzinga.com.