Robinhood has partnered with delivery app Gopuff to allow customers to have cash from their Robinhood bank accounts delivered to their homes, the Wall Street Journal reported.

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In March, Robinhood began expanding into banking for Gold subscribers. Through a partnership with Coastal Community Bank, the platform offers checking and savings accounts with around 4 per cent interest, estate planning, and tax advice. Customers can also request same-day cash delivery via the app, a service faster than most traditional banks provide.

Cash Comes Home via Robinhood Service

The service carries a delivery fee based on account balance. It is currently available in New York and will expand to other cities, including San Francisco, Philadelphia, and Washington, D.C., in the coming months. Customers must be Robinhood Gold members with at least $1,000 in monthly direct deposits.

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Gopuff co-CEO Yakir Gola said the service will initially operate from 9 a.m. to 7 p.m. each day. Robinhood Money vice president Deepak Rao noted, “Everything gets delivered to their house from burritos to medicine. Why not cash?” He added that the service covers any reason a customer might visit a bank.

Robinhood Adds Wealth Management and Prediction Market Features

Robinhood banking customers can access personalized wealth management products through Robinhood Strategies, allowing investments in stocks and ETFs while reducing taxable gains.

Gold customers have current access, with all users gaining access next month, subject to a 0.25% management fee. The platform is also introducing Robinhood Cortex, an AI tool for portfolio optimization.

In addition, Robinhood recently expanded trading options with a prediction markets hub , enabling users to trade on outcomes of events such as Federal Reserve decisions and sports tournaments.