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Robinhood
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Retail FX
Robinhood Launches Stock Lending Program
2022-05-04T23:18:00.000+02:00
Fractional shares will not be eligible under the program.
The company seeks to 'democratize' the access to fully paid securities lending.
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Brokers
Robinhood's Q1 Revenue Tumbles 43%, Narrowed Losses
2022-04-29T06:57:34.451+02:00
The number of monthly active users on the platform declined by 10 percent.
It recently announced the layoff of 9 percent of staff.
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Brokers
Robinhood to Lay Off 9% of Staff as Stock Hits All-Time Low
2022-04-27T08:56:41.991+02:00
The company strengthened its workforce from 700 to 3,800 between 2019 and 2021.
A lot of duplicate roles were created during its growth phase.
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CryptoCurrency
Robinhood Signs Deal to Acquire UK Crypto App Ziglu
2022-04-20T01:47:00.000+02:00
The trading platform halted its plans to launch in the UK two years ago.
Shares of Robinhood soared by 3% during Tuesday's session.
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CryptoCurrency
Robinhood to Acquire Ziglu, Gaining a Foothold in the UK
2022-04-19T15:54:00.541+02:00
The size of the deal is undisclosed at the time of writing.
Robinhood will integrate Ziglu into the company over time.
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News
Robinhood Eligible Waitlist Members Now Have Crypto Wallets
2022-04-08T01:47:00.000+02:00
Crypto Wallets were rolled out to all eligible WenWallets waitlist members.
The news was announced at the Bitcoin Conference 2022.
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Brokers
Gamifying Trading: Massachusetts Court Rules in Favor of Robinhood
2022-03-31T08:22:02.635+02:00
The state’s regulator wanted to revoke Robinhood’s state license.
The Judge found that state laws conflict with federal regulations.
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Arnab Shome
Executive Moves
Meyer Malka Joins Robinhood Markets’ Board of Directors
2022-03-24T09:20:52.826+02:00
He has nearly 25 years of experience in the technology and financial sector.
Malka founded Ribbit Capital in 2012.
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CryptoCurrency
Robinhood Shows Interest towards NFTs
2022-03-23T01:34:00.000+02:00
The firm's CPO says that they are 'fascinated' with the industry.
Chennapragada highlighted that NFT's could be an 'end in itself in some cases'.
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Retail FX
Vermont Regulator Reaches $640,000 Settlement with Robinhood
2022-03-18T21:13:00.000+02:00
The Vermont Department of Financial Regulation (DFR) office made the announcement.
The settlement includes a $590,000 penalty.
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FinTech
Robinhood Partners with Amplify Latinx to Expand Its Presence in Latino Communities
2022-02-16T09:24:58.678+02:00
Robinhood is targeting Latino users.
Amplify Latinx already serves Latinos investing in various assets.
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CryptoCurrency
Stocktwits Opens Cryptocurrency Trading Services to Its Customers
2022-02-04T01:00:00.000+02:00
Stocktwits is the latest stock trading platform to enter into cryptocurrency.
Stocktwits has partnered with FTX to enable the launch of crypto trading.
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Retail FX
Robinhood Investors to Receive Another $6.55M from SEC-Collected Fine
2022-02-01T11:14:43.696+02:00
The SEC fined Robinhood $65 million for securities law violations.
5,783 eligible investors will receive proceeds from the latest distribution.
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Retail FX
Robinhood Shares Drop to Lowest Level since IPO
2022-01-30T11:42:44.053+02:00
Robinhood stock dropped in Friday's trading
The company’s stock hit its lowest level since its IPO in July 2021
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News
Robinhood Reports a Net Loss of $423 Million for Q4 2021
2022-01-28T07:59:07.021+02:00
However, the total net revenues surged 14% in the latest quarter.
The shares of Robinhood dropped heavily in the pre-market trading.
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News
Robinhood Introduces the Next Phase of Crypto Wallets Program
2022-01-21T09:06:09.737+02:00
The company will roll out crypto wallets to 1,000 customers.
By March 2022, Robinhood is planning to expand the program to 10,000 clients.
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FinTech
Robinhood Launching New Gift Crypto Feature Ahead of Xmas Holiday
2021-12-17T08:52:22.756+02:00
The new feature would allow users to gift cryptocurrency to other users.
Robinhood increasingly focuses on improving its crypto offerings.
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News
Robinhood Acquires Cross-Exchange Crypto Trading Platform Cove Markets
2021-12-15T09:13:34.928+02:00
The entire team of Cove Markets, including co-founders, will join Robinhood.
The amount involved in the deal is unknown.
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Investing
Why a Lack of Access to IPO Investing Illustrates an Imbalanced Landscape
2021-11-25T12:43:44.000+02:00
With big IPOs like Robinhood & Coinbase going public in 2021, why aren't retail investors taking part?
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Executive Moves
Frances Frei Joins Robinhood Markets’ Board of Directors
2021-11-17T09:38:48.000+02:00
Frei was officially appointed to the Board on 15 November 2021.
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Bilal Jafar
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Retail FX
Robinhood Down? Users Report Being Unable to Log In to Their Accounts
2021-11-11T18:49:18.000+02:00
The company noted that they are working to solve the issue 'as soon as possible'.
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News
Robinhood Hits 1.6 Million People in Crypto Wallet Waitlist
2021-11-10T00:51:42.000+02:00
The platform's COO said that the number is up from 1 million reported just a few weeks ago.
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Brokers
Robinhood Data Breach Exposes 7 Million Customers’ Information
2021-11-09T08:51:03.000+02:00
The attacker disguised themself as a customer support employee to gain access to certain systems.
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Retail FX
Robinhood Adds Offering That Allows Retail Investors to Buy into IPOs
2021-11-04T00:43:52.000+02:00
During an IPO, an issuing company can reserve a certain amount of shares at the IPO price.
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Brokers
Robinhood Might Face a Class Action for Repeated Trading Outages
2021-10-27T09:51:51.000+02:00
Traders are seeking court intervention to compel the broker to change its organizational and operational structures.
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