Tag: Stock trading app

Capital and Risk, Trading

Robinhood’s acquisition of crypto firm puts UK, Europe in its sights

April 19, 2022

Via: Banking Dive

Robinhood is making a second play to expand into the U.K. Nearly two years after the stock-trading app indefinitely postponed its launch in the country, the company announced Tuesday it would acquire Ziglu, a U.K.-based crypto and payments company. Terms […]

Capital and Risk, Trading

Retail investors continue to jump into the stock market after GameStop mania

March 10, 2021


Retail investors are continuing to jump into the market in droves even after the dust has settled from the GameStop trading saga. The major online brokers continue to see elevated app downloads, well above levels from last year, according to […]

Activity, Investment Banking, Trading

Robinhood backer Tiger Global leads $200m investment in rival

February 16, 2021

Via: FinTech Futures

Business Insider reported the round, which is still not officially confirmed and still in the swings of finalising. It will likely hurtle to a $1.2 billion post-money valuation. That’s quadruple what its valuation has sat at these past two […]

Activity, Investment Banking, Trading

Robinhood scraps launch of its investing app in the UK

July 21, 2020


Robinhood has postponed the launch of its popular stock-trading app in the U.K. indefinitely. The Menlo Park, California-based fintech firm told people signed up to its U.K. waitlist Tuesday that it had put the brakes on its global expansion ambitions […]

Activity, Investment Banking, Trading

Robinhood traders cash in on the market comeback that billionaire investors missed

June 9, 2020


One 26-year-old Robinhood trader made $1,500 in less than 24 hours betting on a beaten-down airline stock, while many so-called experts on Wall Street warned about buying into an overvalued stock market that was bound to tumble again amid the […]

Retail Banking

Robinhood outage locks users out of recovering US market

March 3, 2020

Via: Banking Technology

For nearly the entire day yesterday, its 10 million users were unable to access their accounts and make trades. Meanwhile, the Dow Jones Industrial Average experienced a 1,294 point gain – its biggest point gain ever according to Business Insider. […]

Activity, Investment Banking, Trading

Robinhood joins a wave of fractional stock-trading offers to bring investing to the masses

December 12, 2019


Robinhood is getting in on the recent trend of companies letting traders buy a fraction of a share. The start-up announced the launch of fractional stock-trading on its app Thursday as a way to lower the bar for investors. The […]


Robinhood, the start-up upending stock trading, goes after banks with a 3% savings account

December 13, 2018


Popular stock trading app Robinhood, which disrupted Wall Street with zero-fee transactions, is taking aim at an even bigger market: banks. The five-year old company unveiled “Robinhood Checking & Savings” on Thursday, which offers checking and savings accounts with no […]

Activity, Channels, Trading

Trading app Robinhood adds two new cryptocurrencies despite bear market

July 12, 2018


Despite a sluggish cryptocurrency market, stock trading app Robinhood is adding two new digital currencies to its platform. The company will add Litecoin and Bitcoin Cash to its no-fee app, which already lets users trade bitcoin and ethereum. “Since we […]