Provision record
Robinhood · Robinhood Customer Agreement · View original document ↗

Spending account offered through licensed money transmitter

Medium severity High confidence Explicit document language Common · 273 of 352 platforms

Key Facts

What does Robinhood provide through Robinhood Money, LLC?
Robinhood provides the Robinhood Money spending account through Robinhood Money, LLC, a licensed money transmitter.
Is Robinhood Money, LLC a licensed money transmitter?
Robinhood provides the Robinhood Money spending account through Robinhood Money, LLC, a licensed money transmitter.
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This analysis describes what Robinhood's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Identifying the licensed entity behind the spending account establishes which regulated party is legally responsible for that financial product.

Clause Stability Stable

0
Changes
3
Months Monitored
Jul 10, 2026
First Seen
Jul 10, 2026
Last Seen
This clause type exists across 1423 other provisions on other platforms.

Consumer impact (what this means for users)

The reader's spending account is held and operated by Robinhood Money, LLC, a separate licensed entity distinct from Robinhood's brokerage entities.

How other platforms handle this

Tinder Medium

Consistent with applicable law, you understand and agree that Tinder may not share information with you regarding your account termination if doing so would potentially impair the safety or privacy of other users.

Paramount+ Medium

When creating or updating your Account or purchasing a Subscription, you must provide true, accurate and complete information, including contact details which allow us to contact you easily and quickly.

Skillshare Medium

within the Services, all discussion boards, groups, or other public forums available to participants are publicly visible to other participants.

See all platforms with this clause type →
▸ View Original Clause Language DOCUMENT RECORD
"
The Robinhood Money spending account is offered through Robinhood Money, LLC, a licensed money transmitter.

Excerpt from Robinhood's Customer Agreement

Provision details

Document information
Document
Robinhood Customer Agreement
Entity
Robinhood
Document last updated
May 5, 2026
Tracking information
First tracked
July 9, 2026
Last verified
July 9, 2026
Record ID
CA-P-048966
Document ID
CA-D-00524
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
5e1cff2e86b716a1140933126ae324ada82622a3f6d3f68f7639c3ef7ac2d58e
Analysis generated
July 9, 2026 04:46 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Robinhood
Document: Robinhood Customer Agreement
Record ID: CA-P-048966
Captured: 2026-07-09 04:46:37 UTC
SHA-256: 5e1cff2e86b716a1…
URL: https://conductatlas.com/platform/robinhood/robinhood-customer-agreement/provision/CA-P-048966/spending-account-offered-through-licensed-money-transmitter/
Accessed: Aug. 19, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Robinhood's Spending account offered through licensed money transmitter clause do?

Identifying the licensed entity behind the spending account establishes which regulated party is legally responsible for that financial product.

How does this clause affect you?

The reader's spending account is held and operated by Robinhood Money, LLC, a separate licensed entity distinct from Robinhood's brokerage entities.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 273 platforms. See the full comparison.

Is ConductAtlas affiliated with Robinhood?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Robinhood.