April 25, 2025

software company

Banking

Robinhood Expands Into Banking, Will Offer Customers 4% Savings APY And Cash Home Delivery

Robinhood Markets Inc. (NASDAQ:HOOD) is transforming its business model by launching an integrated suite of financial services designed to attract retail investors seeking more sophisticated private banking and investment solutions. What Happened: The company introduced Robinhood Banking, a comprehensive offering that provides checking and savings accounts with a competitive 4% annual percentage yield and Federal

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Loans

Elon Musk Backs Crackdown On SBA Loans After $333 Million Went To Borrowers Over 115 Years Old

Elon Musk Backs Crackdown On SBA Loans After $333 Million Went To Borrowers Over 115 Years Old Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk endorsed new loan verification measures implemented by the Small Business Administration, highlighting concerns about fraudulent applications using stolen Social Security numbers. What Happened: “No more loans to babies or people too old

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