Robinhood

Robinhood Offering Gold Members Up to 3% Interest on Brokerage Cash 
Robinhood Offering Gold Members Up to 3% Interest on Brokerage Cash 
September 26, 2022  |  Investments

Online broker Robinhood is upping the interest rate it pays to Gold members on uninvested cash held in brokerage accounts. Through Robinhood’s brokerage cash sweep...

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Opendoor’s Plunge Leads 9% Drop in FinTech IPO Index
Opendoor’s Plunge Leads 9% Drop in FinTech IPO Index
September 22, 2022  |  IPO

A banner week — but just not in the direction investors would have hoped. Macro-economic concerns dominated market mindsets these past several sessions, and worries...

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Today in Crypto: Robinhood Adds USD Coin to Offerings; MicroStrategy Makes Smallest Buy of Bitcoin in 2+ Years
Today in Crypto: Robinhood Adds USD Coin to Offerings; MicroStrategy Makes Smallest Buy of Bitcoin...
September 20, 2022  |  Cryptocurrency

Robinhood Markets has added USD Coin stablecoin to its retail-focused crypto offerings, according to a report from Seeking Alpha on Tuesday. Users will now be...

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FinTech IPO Index Sheds 2% as Slumping Tech Stocks Offset nCino, 9F Gains
FinTech IPO Index Sheds 2% as Slumping Tech Stocks Offset nCino, 9F Gains
September 15, 2022  |  Fintech Investments

The market routs continue, pretty much everywhere one looks. The worries over rate hikes and inflation show no signs of easing — and tech stocks...

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Court Allows Parts of Proposed Robinhood Class Action Case
Court Allows Parts of Proposed Robinhood Class Action Case
August 11, 2022  |  Legal

Investors will be allowed to pursue some of their claims against Robinhood Markets Inc. stemming from a 2021 GameStop frenzy, a federal judge in Miami...

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Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
August 03, 2022  |  Earnings

For Robinhood, it may feel a bit like the clock is ticking. The latest quarter showed a precipitous decline in the platform’s core business, at...

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Today in Crypto: Singapore’s Central Bank Weighs Stablecoin Regulations in Wake of TerraUSD Collapse; Robinhood Crypto Unit Faces $30M Fine for AML, Cybersecurity Violations
Today in Crypto: Singapore’s Central Bank Weighs Stablecoin Regulations in Wake of TerraUSD Collapse; Robinhood...
August 02, 2022  |  Cryptocurrency

The Monetary Authority of Singapore (MAS) is looking at how to regulate stablecoins, a release from the agency said. The bank says it’s considering the...

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Robinhood Cuts 23% of Staff as Brokerage Sees 34% Drop in Monthly Active Users
Robinhood Cuts 23% of Staff as Brokerage Sees 34% Drop in Monthly Active Users
August 02, 2022  |  financial apps

Robinhood, the popular brokerage app, will lay off about 23% of its staff as customers slow down trading, The Wall Street Journal (WSJ) wrote Tuesday...

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SMB Fundraising FinTech Parafin Raises $60M
SMB Fundraising FinTech Parafin Raises $60M
August 02, 2022  |  Investments

Parafin, a FinTech launched by veterans of Robinhood Markets, has raised $60 million in a new financing round. As Bloomberg News reported Tuesday (Aug. 2),...

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