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Robinhood Banking Reaches $1 Billion Ahead Of Platinum Card Rollout, Shaping 'Super App' Vision

Summary by Benzinga
Robinhood Markets Inc.‘s (NASDAQ:HOOD) strategic pivot from a retail trading platform to a comprehensive financial ecosystem is paying off, with its new banking division crossing $1 billion in deposits just four months after its launch. A Major Banking Milestone The $1 billion threshold, reached via 65,000 funded customers, marks a rapid ascent for Robinhood Banking following its November 2025 rollout. CEO Vlad Tenev announced the achievement on…

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Benzinga broke the news in New York, United States on Wednesday, March 11, 2026.
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