Robinhood

Alphabet Sheds Entire Stake in Trading App Robinhood
Alphabet Sheds Entire Stake in Trading App Robinhood
November 13, 2023  |  Business

Google parent Alphabet has sold off all of its shares in trading app Robinhood. The tech giant in August had sold about 90% of its stake in...

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Robinhood Plans Crypto Trading Expansion in Europe
Robinhood Plans Crypto Trading Expansion in Europe
November 07, 2023  |  Earnings

In its third-quarter earnings call on Tuesday (Nov. 7), cryptocurrency investment platform Robinhood said it would be expanding its crypto trading offerings. The company plans to...

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Webull Charges Ahead in PYMNTS’ Provider Rankings of Personal Finance
Webull Charges Ahead in PYMNTS’ Provider Rankings of Personal Finance
November 07, 2023  |  Personal Finance

In this edition of PYMNTS’ Provider Rankings of Personal Finance, some apps, such as Chime Mobile Banking and Rocket Money, have fallen in the rankings. On...

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Chime Mobile Banking Continues to Dominate PYMNTS Personal Finance App Provider Ranking
Chime Mobile Banking Continues to Dominate PYMNTS Personal Finance App Provider Ranking
October 16, 2023  |  Mobile Applications

In this edition of PYMNTS’ Provider Ranking of Personal Finance Apps, we see a number of shifts. Chime is leading our rankings again with a perfect...

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FinTech IPO Index Slides 3% as Affirm and Blend Lead Declining Stocks
FinTech IPO Index Slides 3% as Affirm and Blend Lead Declining Stocks
October 06, 2023  |  Fintech Investments

The FinTech IPO Index gave up nearly 3%, coming into the end of the first full trading week of the fourth quarter. Affirm led declining...

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Higher for Longer Means Tougher for Longer for FinTechs
Higher for Longer Means Tougher for Longer for FinTechs
September 24, 2023  |  Fintech Investments

The Federal Reserve said last week that higher interest rates could stick around. As The Wall Street reported Sunday (Sept. 24), this “higher for longer” strategy could spell bad...

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FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 
FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 
September 22, 2023  |  Fintech Investments

Partnerships were the prime source of headlines this past week. But for the FinTech IPO Index, which gave up 5.8% through the past five sessions,...

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Robinhood Pushes Retirement Accounts as Movie Resurrects Its Past
Robinhood Pushes Retirement Accounts as Movie Resurrects Its Past
September 17, 2023  |  financial apps

Robinhood believes it has been “misunderstood.” A new movie might not help matters. As The Wall Street Journal (WSJ) reported Saturday (Sept. 16), the trading platform...

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Robinhood’s Monthly User Numbers Continue to Dip
Robinhood’s Monthly User Numbers Continue to Dip
September 14, 2023  |  Business

Robinhood’s monthly active user (MAU) base continues to shrink. The trading platform announced Wednesday (Sept. 13) that its MAUs for August came to 10.6 million. That’s down from...

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