Reported 26 days ago
Robinhood Markets Inc., evolving from its meme stock origins, aims to transform into a comprehensive financial platform by offering bank-like services alongside its trading features. Set to launch checking and savings accounts with competitive interest rates for Gold subscribers, Robinhood will partner with Coastal Community Bank for FDIC protection. The platform plans to provide estate planning, tax advice, and on-demand cash delivery, as well as new wealth management services and an AI tool for investment insights, all aimed at consolidating financial needs under one brand.
Source: YAHOO