Category: fdic

Apps Banking eCommerce fdic finance Government Policy Robinhood Robinhood Checking and Savings SEC TC

Robinhood’s 3% interest checking & savings may not be properly insured

sudshr47 December 14, 2018

Robinhood’s new high-interest, zero-fee checking and savings feature seems to be too good to be true. Users’ money may not be fully protected. The CEO of the Securities Investor Protection Corporation, a non-profit membership corporation that insures stock brokerages, tells TechCrunch its insurance would not apply to checking and savings accounts the way Robinhood claims. “Robinhood […]

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Nigeria’s Piggybank.ng raises $1.1M, announces group investment product

sudshr47 May 31, 2018

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa Roundup: Safaricom unveils Bonga, Africa’s Talking gets $8.6M, TechCrunch visits Nigeria, Ghana Safaricom rolls out Bonga social networking platform to augment M-Pesa Seeking to tap into Africa’s informal […]

View More Nigeria’s Piggybank.ng raises $1.1M, announces group investment product