Private Banking Shake-Up: Robinhood’s Ambitious Expansion
Robinhood is shaking up banking. It started as a simple stock-trading app. Now, it wants to be our bank, wealth advisor, and more. The company is launching services like high-yield savings, private banking, and AI-powered investment tools. It even bought TradePMR, a firm that manages billions in assets. Why is Robinhood doing this? Its customers…