Robinhood’s new credit card goes after Apple in a push to become the primary financial hub 💳; Chime gears up for 2025 IPO as neobank's growth surges 🚀

FinTech is Eating the World, 27 March

Hey Everyone,

Happy Thursday! The work got me again but I hope the wait will be worth it as today’s issue is undoubtedly the best one this week so far 😤 We’re going to look at Robinhood’s new credit card that’s going straight after Apple (unpacking all the details (economics, strategy, etc.) so we could see why it’s such a brilliant move from Robinhood + lots of bonus reads on this undervalued FinTech giant), and Chime which is gearing up for 2025 IPO (a holistic look at Chime and their upcoming IPO + some bonus deep dives into their competitors). Let’s jump straight into the incredible stuff 🌶

Robinhood’s new credit card goes after Apple in a push to become the primary financial hub 💳

You’re so Golden… 🎶 Retail trading FinTech Robinhood HOOD 0.00%↑ just made a massive move into the credit card market with the launch of its Robinhood Gold Card.

The card, available exclusively to members of the company's Gold subscription program, boasts an impressive array of benefits designed to attract users and further establish Robinhood as a comprehensive and most importantly - primary financial services provider.

Let’s take a closer look at this, and unpack all the details (economics, strategy, etc.) so we can see why it’s such a brilliant move from Robinhood.