Robinhood

FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm 
FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm 
June 30, 2023  |  Fintech Investments

The platforms surged — many of them anyway.   And yet the FinTech IPO Index was up a muted 1.5% headed into the end of the...

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Robinhood Cuts 7% of Workforce Amid Slowdown in Trading Volumes
Robinhood Cuts 7% of Workforce Amid Slowdown in Trading Volumes
June 26, 2023  |  Personal Finance

Stock brokerage app Robinhood has laid off about 150 employees, or 7% of its workforce. The job cuts were made in response to a slowdown in trading...

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 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
June 23, 2023  |  IPO

Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of...

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Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
June 22, 2023  |  Acquisitions

Robinhood Markets announced on Thursday (June 22) the acquisition of San Francisco-based FinTech firm X1, which offers users a no-fee income-based credit card with rewards...

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Robinhood vs Coinbase: The Battle for the Retail Crypto Trading Market
Robinhood vs Coinbase: The Battle for the Retail Crypto Trading Market
June 15, 2023  |  Cryptocurrency

Coinbase, a major player in the retail crypto trading market, may be losing some retail crypto trading business to Robinhood, possibly due to Coinbase’s higher...

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Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil
Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil
June 04, 2023  |  Banking

Robinhood Markets says its customers are switching to high-yield deposits amid recent banking sector turmoil. Speaking Friday (June 2) at the Bernstein Strategic Decisions Conference,...

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FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale
FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale
May 19, 2023  |  Fintech Investments

The FinTech IPO gathered 2.4% in a week that saw the last few remnants of earnings reports trickle in. And of course, beyond the revenues...

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Robinhood CEO: Every Company Will Transition Into an AI Company
Robinhood CEO: Every Company Will Transition Into an AI Company
May 10, 2023  |  Earnings

Software ate the world, and now generative artificial intelligence (AI) is eating that software. Robinhood Markets Co-Founder and Chief Executive Officer Vlad Tenev told investors...

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Latest Provider Ranking of Personal Finance Apps Finds Chime Out in Front
Latest Provider Ranking of Personal Finance Apps Finds Chime Out in Front
April 26, 2023  |  Mobile Applications

It’s always smart to keep a sharp eye on one’s finances, and for that reason, we produce PYMNTS’ Provider Ranking of Personal Finance Apps to...

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