Retirement Accounts news and trends

Robinhood Begins Pulling Customers From Larger Brokers
Investments // December 17, 2023

Robinhood has reportedly begun enticing customers from more established brokers like Fidelity and Charles Schwab. The online trading platform has received about $1.1 billion in account transfers since Oct. 23, the day it began offering a 1% match on transferred brokerage accounts, the company told...

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

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 launch crypto trading in the European Union (EU) following its successful U.K. launch “in the coming weeks.” This expansion into...

Goldman Sachs to Acquire Retirement Platform NextCapital
Acquisitions // March 29, 2022

Goldman Sachs is set to acquire NextCapital, a Chicago retirement FinTech, the two companies said in a news release Tuesday (March 29). The deal, set to close in the second half of the year “will accelerate the expansion of Goldman Sachs’ services to the growing...

Acorns Takes 10K Pre-Orders For New Payment Card
Payment Methods // June 06, 2018

Acorns, the mobile investing platform that takes spare change and invests it on behalf of its customers, has generated 10,000 pre-orders for its new rewards debit card. According to TechCrunch, the card offers perks like investments into Acorns accounts when users make purchases with the...

Quick Reads
Robinhood Opens Retirement Offering to Gig Workers

February 28, 2024
Investment platform Robinhood is expanding its retirement offering to include gig workers. “Robinhood Retirement For Independent Workers” kicked off Wednesday (Feb. 28) in partnership with three high-profile gig economy companies: Grubhub, Gopuff and Taskrabbit. “Robinhood Retirement For Independent Workers brings us closer to our goal of giving everyone the financial tools they need to invest in their futures,” Steve Quirk, the company’s […]

Robinhood Begins Pulling Customers From Larger Brokers

December 17, 2023
Robinhood has reportedly begun enticing customers from more established brokers like Fidelity and Charles Schwab. The online trading platform has received about $1.1 billion in account transfers since Oct. 23,...

Robinhood Plans Crypto Trading Expansion in Europe

November 07, 2023
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 launch crypto trading in the...

Goldman Sachs to Acquire Retirement Platform NextCapital

March 29, 2022
Goldman Sachs is set to acquire NextCapital, a Chicago retirement FinTech, the two companies said in a news release Tuesday (March 29). The deal, set to close in the second...