Robinhood Launches Platinum Card With Health Benefit
Robinhood has launched its new Platinum credit card, featuring a complimentary annual membership to health technology company Function, reflecting a growing consumer focus on health investments.
Robinhood Partners With Health Tech Firm Function for New Platinum Card Benefit
Robinhood has introduced its new Platinum credit card, integrating a health and wellness benefit through a partnership with Function. The card, currently rolling out on an invite-only basis, offers eligible cardholders a complimentary annual membership to Function, valued at $365.
This collaboration aligns with a broader trend of consumers increasingly treating their health as a key asset. Function provides access to over 160 lab tests, clinician-reviewed results, and a unified platform for health data management. The company emphasizes that understanding one's body is becoming as crucial as managing financial portfolios.
"Robinhood has given millions the power to own their finances, something once reserved for the wealthy few. Function has done the same for health," stated Jonathan Swerdlin, Co-Founder and CEO at Function. He highlighted the service's aim to make comprehensive health insights accessible and affordable.
Sanjay Kotte, Chief Commercial Officer at Robinhood Money, noted the strategic importance of this partnership. "Shaping your future means more than just investing your money," Kotte said. "Bringing Function Health to the Robinhood Platinum Card reflects our belief that managing your health is just as important as managing your wealth."
The integration of health services into financial products signals a growing convergence of the fintech and healthtech sectors, catering to a consumer base that prioritizes holistic well-being alongside financial growth.