Robinhood to Offer Checking Service Promising 3% Interest

Robinhood to Offer Checking Service Promising 3% Interest

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses Robinhood's new banking features, including checking and savings accounts with higher interest rates. It explains their investment strategy using U.S. Treasuries and the introduction of a debit card in partnership with MasterCard. The video also covers the insurance and safety of funds, Robinhood's growth trajectory, potential IPO plans, and how market volatility affects customer behavior.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What long-term goals does Robin Hood have for its business and customer experience?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does Robin Hood's approach to customer trading behavior differ from traditional banks?

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