Wednesday, 28 October 202610:09 UTCWire updated 10:08 UTC

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Notes from the Terminal
Delayed ·

Payments & Fintech

Robinhood Banking has attracted nearly $5 billion in deposits

Robinhood Banking has attracted nearly $5 billion in deposits. $5B deposits in Robinhood Banking, per the earnings release

Robinhood Banking has attracted nearly $5 billion in deposits from more than 350,000 funded customers, according to the company’s earnings release. Tenev said customers have put more than $250 million into agentic accounts.

NoteDeposits held in the app are one part of the plan, with payments and agent-led trading next to them.

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