Robinhood wants to be the DoorDash of ATMs with cash delivery service
Finally, a delivery app will bring cold, hard cash straight to your doorstep.
- Robinhood is launching a few new financial services, including one arriving this fall called Robinhood Banking.
- Available for Robinhood Gold members, Banking will offer users the ability to request cash delivery.
Apps and the services that power them have make it practically effortless to order nearly anything you can think of. Amazon’s got us covered on retail, Instacart’s happy to head to the grocery store on your behalf, and DoorDash, UberEats, and half a dozen other companies are fighting over your restaurant delivery order. Hell, with Uber you can’t just order a car to your house; you can even order helicopters. But Robinhood might just have them all beat, as the financial services company announces plans to deliver maybe the most useful commodity of all: cold, hard currency.
This week, Robinhood announced a bunch of new services it’s going to start offering customers, like Robinhood Strategies for financial advice and Robinhood Cortex for investment analysis (via Gizmodo). Those also include Robinhood Banking, a luxury “private banking experience” for Robinhood Gold members — a $5/month or $50/year subscription.
