Robinhood App Encroaches on Banking Turf with High-Yield Money Tool

2019-7-22 02:30

Libra isn't the only payment system that stands to threaten the banks. Popular stock market and crypto trading app Robinhood is going after legacy banks with the relaunch of a cash management feature.

Robinhood COO Gretchen Howard is cited in Fortune as saying: "We’re going to come out with a cash management account soon. " The […]

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robinhood app banks cash management going money

Источник: ccn.com

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Investment App Robinhood, Which Recently Opened Up Crypto Investing to Users, in Talks With US Officials to Obtain Banking License

According to sources obtained by Bloomberg. com, personal investment app start-up Robinhood (which allows crypto investments also) has begun discussions around obtaining a banking license from the US Office of the Comptroller of the Currency (OCC), which would allow the Menlo Park company to expand its offering to customers significantly.

2018-6-23 14:23


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