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Robinhood aims to court users by offering attractive 1% interest rate on cash


Robinhood
APY
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Cash Management


Robinhood

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The New York Times
SOURCE: https://techcrunch.com/2022/05/10/robinhood-investing-aims-to-court-users-offering-1-interest-rate-on-cash/
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Summary

Investing platform Robinhood to double its annual interest yield available to customers on uninvested cash to 1%

As said here by Anita Ramaswamy