Robinhood

Investing App Robinhood Expands with Retirement Account Options
Investing App Robinhood Expands with Retirement Account Options
July 14, 2023  |  Investments

Robinhood’s retirement accounts are diversifying its revenues and widening its customer base. That’s been the popular investing app’s experience in the months since it expanded its...

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Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
July 14, 2023  |  Acquisitions

Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence...

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Public.com Debuts in UK Ahead of Investing Rival Robinhood
Public.com Debuts in UK Ahead of Investing Rival Robinhood
July 13, 2023  |  Business

Investing platform Public.com is reportedly set to launch in Great Britain. Co-CEO and Co-founder Leif Abraham told Bloomberg News in an interview posted Thursday (July 13) that the firm will let...

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FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm 
FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm 
June 30, 2023  |  Fintech Investments

The platforms surged — many of them anyway.   And yet the FinTech IPO Index was up a muted 1.5% headed into the end of the...

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Robinhood Cuts 7% of Workforce Amid Slowdown in Trading Volumes
Robinhood Cuts 7% of Workforce Amid Slowdown in Trading Volumes
June 26, 2023  |  Personal Finance

Stock brokerage app Robinhood has laid off about 150 employees, or 7% of its workforce. The job cuts were made in response to a slowdown in trading...

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 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
June 23, 2023  |  IPO

Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of...

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Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
June 22, 2023  |  Acquisitions

Robinhood Markets announced on Thursday (June 22) the acquisition of San Francisco-based FinTech firm X1, which offers users a no-fee income-based credit card with rewards...

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Robinhood vs Coinbase: The Battle for the Retail Crypto Trading Market
Robinhood vs Coinbase: The Battle for the Retail Crypto Trading Market
June 15, 2023  |  Cryptocurrency

Coinbase, a major player in the retail crypto trading market, may be losing some retail crypto trading business to Robinhood, possibly due to Coinbase’s higher...

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Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil
Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil
June 04, 2023  |  Banking

Robinhood Markets says its customers are switching to high-yield deposits amid recent banking sector turmoil. Speaking Friday (June 2) at the Bernstein Strategic Decisions Conference,...

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