PYMNTS

FEBRUARY 7, 2020

Late last year , Robinhood began offering a cash management service. We’ll still have existing revenue streams, and, in addition, we’ll add revenue from interchange on debit card transactions. Robinhood declined to comment about the imminent UK expansion.

Debit Card 60

Debit Card FDIC Cash Management Cryptocurrency 60

PYMNTS

DECEMBER 12, 2019

Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 Silicon Valley’s Robinhood is known for making free stock trading accessible, and has spent the last year figuring out the best way to offer cash management services.

Accounts 54

Accounts Cash Management Debit Card FDIC 54

PYMNTS

OCTOBER 8, 2019

Stock trading app Robinhood , which offers no-fee trading, is re-launching a checking feature called Cash Management after it was previously shelved due to regulatory issues. percent APY on any money in the account – and they will be able to spend it with a distinctive Mastercard debit card. As reported on Tuesday (Oct.

Checks 49

Checks API Debit Card FDIC 49

PYMNTS

MAY 4, 2020

Around the same time, Robinhood introduced a cash management service in the form of an investment upgrade that let users earn 1.8 By partnering with a bank, users can access the service, which has debit cards and is backed by the Federal Deposit Insurance Corporation (FDIC).

FDIC 52

FDIC Debit Card Cash Management FinTech 52

PYMNTS

AUGUST 30, 2018

It’s popular and well-liked in the neighborhood, but if you want to taste the copious amount of BBQ sauce that is always flowing inside, you better have a credit or debit card on you. Hill Country, as of the middle of this month, stopped taking cash. Managing cash and handling cash is time-consuming and cumbersome.

FDIC 40

FDIC Debit Card Transactions Cash Management 40