7/27/2023 1:52:11 PM Apps like Robinhood make trading fun, but SEC fears it is costing investors By FinTech Collective Federal regulators want to impose new guardrails on the way retail investment firms such as Robinhood Markets use advanced analytics to...
2/9/2023 2:37:23 PM Robinhood board approves plan to buy back Sam Bankman-Fried’s $578m stake By Sarah Wolter The ex-CEO originally purchased his stake in May 2022 through Emergent Fidelity Technologies, which was controlled by both Bankman-Fried...
4/27/2022 7:15:39 PM Robinhood to lay off 9% of full-time employees By Sarah Wolter In a blog post, CEO Vlad Tenev described the company’s last two years as hyper growth accelerated by several factors including pandemic...
1/7/2022 3:01:01 PM Robinhood Announces Beta Launch of Crypto Wallet By Carlos Alonso Torras Robinhood explained how the crypto wallet will work, with comments on the design, wallet addresses, and network/gas fees.
9/21/2021 2:52:39 PM Robinhood quietly tests crypto wallet as users clamor for it By Sarah Wolter While it’s already possible for Robinhood customers to buy and sell popular cryptocurrencies such as Bitcoin, Ethereum and Dogecoin, this...
9/16/2021 12:12:34 PM Robinhood is going on a college tour to recruit new customers By Sarah Wolter Robinhood will give students who sign up for brokerage accounts using their school email address $15 to trade, and enter them into a...
8/19/2021 12:43:21 PM Robinhood revenue surges on cryptocurrency trades By Sarah Wolter Nearly 14.2m Robinhood users, or roughly 63% of the company’s customer base with funded accounts, traded digital assets in the second...
8/10/2021 2:44:48 PM Robinhood stock gains on $140m Say Technologies takeover deal By Sarah Wolter The all-cash deal will bring Say into the Robinhood architecture, the company said, allowing the pair to "find new ways to expand what it...
8/6/2021 12:30:38 PM Robinhood shares slide 28% after big investors file to unload stakes By Sarah Wolter The volatility has come as many on Wall Street and Main Street still look to make sense of what some are calling the latest meme stock....
7/30/2021 12:36:31 PM Robinhood has the worst debut ever for IPO of its size By Carlos Alonso Torras Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session.
5/3/2021 5:56:18 PM Robinhood’s biggest business more than tripled amid trading frenzy By Sarah Wolter When its customers buy and sell stocks and options, Robinhood routes those orders to high-speed traders, which pay the startup brokerage...
4/16/2021 12:20:49 AM Massachusetts regulators seek to revoke Robinhood's license; brokerage sues By Sarah Wolter The case is the first enforcement action brought under a state fiduciary rule that took effect in September that raised the...
3/26/2021 1:25:20 PM Robinhood building platform to allow users to buy into IPOs By Sarah Wolter Robinhood is building a platform to “democratize” initial public offerings, including its own, that would allow users of its trading app...
2/18/2021 2:42:38 PM Robinhood allows crypto deposit and withdrawal including Dogecoin By Sarah Wolter Brokerage app Robinhood will allow customers to deposit and withdraw cryptocurrencies, Reuters reported. That will include the meme-based...
2/1/2021 9:36:39 PM Robinhood raises another $2.4b from shareholders By Sarah Wolter The huge infusion—the $3.4b raised since last Thursday is more than the company has raised in total up until that point—gives Robinhood a...
1/29/2021 4:23:11 PM Robinhood, in need of cash, raises $1b from its investors By Sarah Wolter Robinhood, one of the largest online brokerages, has grappled with an extraordinarily high volume of trading this week as individual...