From MarketWatch, November 14:
The online brokerage has teamed up with courier service Gopuff to roll out a same-day delivery service for currency
Robinhood Markets will soon be able to bring bags of cash right to your doors — charging three to seven extra bucks a pop.
Robinhood and delivery app Gopuff just announced a partnership to deliver cash to consumers. Users can bypass hoofing it to the the ATM and tap this same-day delivery service to have money come directly to them in a sealed bag instead, for a $6.99 fee, or just $2.99 for those with more than $100,000 in assets on the Robinhood platform.That’s roughly comparable to the cost of using an out-of-network ATM to withdraw cash, which hit a high of $4.86 on average this year, according to Bankrate. That’s up from $4.77 last year.
Robinhood told MarketWatch it was the first to offer this kind of cash-delivery service in the U.S. when it began piloting the feature, but some other platforms have experimented with at-home cash delivery, including Remitly, which allows people to deliver cash to recipients in countries like the Dominican Republic, Philippines and Vietnam.
Gopuff has experience delivering things like groceries, home goods, alcohol and more. But when a delivery service is carting cash around town instead of a lukewarm burrito, the stakes and security concerns, obviously, are higher.
“Safety and security is our top priority. All deliveries will follow strict safety protocols and involve professional security measures,” Deepak Rao, the vice president and general manager of Robinhood Money, told MarketWatch.
Safety first
Rao said Gopuff couriers will pick up money in a sealed bag from Gopuff distribution centers, so the courier won’t know what is being transported. Robinhood customers, when a parcel arrives, would have to show the courier a verification code before taking possession of the money. On top of that, all Gopuff couriers go through a criminal-background check.Although this is the first time Gopuff is delivering cash, people can already order other high-value items on the Gopuff platform, including things like expensive bottles of liquor and electronics.
Customers ordering cash must be members of Robinhood Gold, the company’s flagship $5 subscription service, and have an account to which $1,000 in monthly direct deposits are executed, according to the Wall Street Journal. The service is only available in New York City right now, but is expected to roll out in other major metro areas in 2026, including San Francisco; Philadelphia; and Washington, D.C.
Gopuff said that deliveries usually take about 30 minutes on average, and expects cash deliveries to take around the same time.
Wondering why?....
....MUCH MORE
Previously:
March 28, 2025 - "Robinhood Debuts New Service to Deliver Cash to Your House, Because That Seems Good, Right?" (HOOD)
From Gizmodo, March 28:
It's unclear what kind of security the Uber-like cash delivery service will have.
Robinhood, the online financial services company, has rolled out a number of new perks for its elite members. Among them is one particular program that might give the cautious consumer pause: a delivery service that will bring wads of cash straight to your house.
“Introducing cash delivery,” the company’s website says. “Your cash is delivered on-demand right to your doorstep. No need to search for an ATM.”
The cash program is part of the company’s new push into banking and other financial services, which was announced this week during a special event in San Francisco. It will be available for Robinhood Gold members. Other newly announced services include professional tax advice, estate planning, and 4 percent savings APY. Despite the alleged banking services offered, the site includes a small, important disclosure, in fine print: “Robinhood is a financial technology company, not a bank. Banking services are provided by Coastal Community Bank, member FDIC.”....
....MUCH MORE
Don't most people just use their chauffeur?
....According to prosecutors, over a period of three years from February 2019, she ordered her driver to withdraw 108 trillion Vietnamese dong, more than $4bn (£2.3bn) in cash from the bank, and store it in her basement.
That much cash, even if all of it was in Vietnam's largest denomination banknotes, would weigh two tonnes....
— "Vietnamese Woman Sentenced To Death For $44 Billion Fraud" with our insightful introduction: "That's a big fraud."
That poor driver.
