eToro, the social investing and trading platform, announced that it will finally be launching its platform in the US. The platform, which already operates in more than 140 countries, will be available in 30 states and two territories with plans to expand elsewhere in the US after receiving the necessary regulatory sign-offs. The US platform […]
View More eToro bringing crypto trading and wallet to the USCategory: Robinhood
Trading app Robinhood is stealthily recruiting ahead of planned UK launch
Robinhood, the U.S.-based “zero-fee” stock trading app and cryptocurrency exchange, is stealthily recruiting for a new London office ahead of plans to eventually launch in the U.K., TechCrunch has learned. According to sources within London’s thriving fintech industry, Robinhood is hiring for multiple U.K. positions. These span recruitment, operations, marketing and PR, and customer support. […]
View More Trading app Robinhood is stealthily recruiting ahead of planned UK launchRobinhood’s 3% interest checking & savings may not be properly insured
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 […]
View More Robinhood’s 3% interest checking & savings may not be properly insuredRobinhood launches no-fee checking/savings with Mastercard & the most ATMs
Robinhood is undercutting the big banks by forgoing brick-and-mortar branches with its new zero-fee checking and savings account features. With no overdraft or monthly fees, a juicy 3 percent interest rate, and a claim of more US ATMs than the five biggest banks combined, Robinhood is using the scalability of software to pass impressive perks […]
View More Robinhood launches no-fee checking/savings with Mastercard & the most ATMsFintech startup Plaid raises $250M at a $2.65B valuation
Mary Meeker, the author of the Internet Trends report, has led the round for Plaid via Kleiner Perkin’s growth fund.
View More Fintech startup Plaid raises $250M at a $2.65B valuationRobinhood hires CapitalG partner to lead operations
Robinhood’s human resources department is keeping busy this month, announcing this morning that the zero-fee stock trading app and cryptocurrency exchange has hired CapitalG partner Gretchen Howard.
View More Robinhood hires CapitalG partner to lead operationsRobinhood hires 20-year Amazon veteran to CFO role as high-flying startup eyes IPO
Robinhood, the zero-fee stock trading app and cryptocurrency exchange is bringing on a former Amazon finance exec to help the company prepare for an eventual public debut. The startup has hired Jason Warnick, a former exec at Amazon who was with the company for nearly 20 years, most recently serving as the commerce giant’s VP of […]
View More Robinhood hires 20-year Amazon veteran to CFO role as high-flying startup eyes IPOJosh Kushner’s Thrive Capital brings in $1B
Thrive Capital has announced the close of its largest fund to date.
View More Josh Kushner’s Thrive Capital brings in $1BRobinhood cuts trading fees, grows profits with in-house clearing
As zero-commission stock trading app Robinhood starts preparing to IPO, an engineering investment two years in the making could accelerate its quest for profitability. Most stock broker services have to pay an external clearing house to reconcile trades between buyers and sellers. Now with 6 million accounts, that added up to a huge cost for Robinhood […]
View More Robinhood cuts trading fees, grows profits with in-house clearingRobinhood aims at IPO as the fintech startup seeks CFO
Now valued at $5.6 billion, zero-fee stock trading app and cryptocurrency exchange Robinhood is starting preparations to go public. Just a year and a half ago, it was still largely under the radar. But then it raised a $110 million Series C at a $1.3 billion valuation in April 2017 and then just a year […]
View More Robinhood aims at IPO as the fintech startup seeks CFORobinhood gives investors international targets to aim for with launch of ADR products
Robinhood, the app-based investment platform for all your speculative investing needs, has launched a tool for investors to throw money at publicly traded international companies through the rollout of American depositary receipts. ADRs are the investment mechanism that U.S. investors use to invest in foreign companies whose shares aren’t traded on U.S. stock exchanges like […]
View More Robinhood gives investors international targets to aim for with launch of ADR productsTitan launches its mobile ‘not a hedge fund’
What Robinhood did to democratize buying individual stocks, Titan wants to do for investing in a managed portfolio. Instead of being restricted to rich accredited investors willing to pour $5,000 or even $500,000 into a traditional hedge fund that charges 2 percent fees and 20 percent of profits, Titan lets anyone invest as little as […]
View More Titan launches its mobile ‘not a hedge fund’