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Robinhood has raised USD 3.4 billion to continue to support its record customer growth, including USD 1 billion in funding announced on January 29 2021.
Robinhood, funding, trading, investment, stocks, GameStop, banks, line of credit, equity, public offering, financial literacy, Ribbit Capital
The no-fee trading app Robinhood has been strained by the high volume of trading in stocks such as GameStop, prompting the company to seek additional funding.
Robinhood, trading, funding, investment, stocks, GameStop, banks, line of credit, equity, public offering
Ripple has launched Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on demand to initiate cross-border payments at scale using the digital asset XRP.
XRP, RippleNet, cross-border money transfers, cross border payments, Ripple, ODL, credit, loan, DLT, SMEs, line of credit
US-based financial corporation Capital One has teamed with PayPal to launch One banking app, aimed to bundle spending, saving and lending into a single account and debit card.
Capital One, PayPal, ONE, banking app, online banking, online and mobile banking, line of credit, digital banking, direct deposit, US, United States, North America
OmniBnk, neobank, small businesses, SME, financing , Capital Logistic, line of credit, lenders