I can't help but think this must be vaporware. I worked in the credit card industry for several years. A credit card company is not something anybody can just start from scratch - you need data to model chargeoffs, fraud, spend, ect in order to be profitable. And unlike Robinhood, you need a source of capital to fund the cash you float, usually securitization or deposits.

I may be completely wrong, but I simply don't buy it. There's so much more to a credit card product aside from the nice-sounding features they have on their landing pages.