2min chapter

Decoder with Nilay Patel cover image

How Robinhood is building the future of investing, with chief product officer Aparna Chennapragada

Decoder with Nilay Patel

CHAPTER

Using a Cash Card Plus a Spending Account

It is a cash card in the sense that we have the standard insurance there. What we're trying to enable the customers to do is actually be able to spend the way they do, right? It's a spending account. And on top of it, of course, you can like, divert some of your spending account into like, some of these investing, potential investing areas. But the idea, again, is start like with the spending account, with the cash card. You don't really have to change your behavior because people have their set ways. We wouldn't launch anything without liketing closely with them.

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