Robinhood has unveiled a new perk for its Gold members: on-demand cash delivery service. As part of their banking platform, this feature will offer users quick access to physical currency. However, it’s worth noting that currently, details remain limited with no mention of order limits. This innovative service is designed to be reminiscent of familiar platforms like Grab or Uber but for cash itself. This means users can receive funds directly at their doorstep without the need for extensive travel or venturing out in search of an ATM, especially if one isn’t available nearby. 💰 🚪 🏠 🔐 While this feature is expected to launch in the fall of 2025, Gold members have early access. The service has garnered interest due to its similarity to a similar offering from Rappi, which delivers cash via their app using designated drivers for purchases and payments. This new addition to Robinhood’s banking suite is part of a broader program aimed at improving wealth management through the introduction of ‘Strategies’ and ‘Cortex,’ an AI-powered investment tool. 📈 The company unveiled these innovations at their ‘The Lost City of Gold’ event in San Francisco, emphasizing their commitment to creating an enhanced user experience within their banking services. However, it is important to remember that this service comes with fees and geographical variations in delivery charges. Additionally, the lack of clarity regarding insurance for the delivery person or service adds a layer of caution regarding potential safety concerns. Notably, walking around with large sums of cash can increase vulnerability to theft. 🚨 Robinhood’s new cash delivery feature is part of a larger update that will introduce ‘Strategies’ and ‘Cortex’, offering users enhanced wealth management tools. 💰 #RobinHood #OnDemandCashDelivery