Articles with tag: robinhood

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Robinhood postpones its UK launch

22 Jul 2020 | Mobile Payments

Robinhood, a US-based stock trading app, has postponed its UK launch indefinitely.

Robinhood, stock trading, mobile app, UK, US, Freetrade, Bux, eToro, Revolut

Amid pandemic, fintech leaders raise almost USD 4 billion in Q2

17 Jul 2020 | Payments General

Fintech leaders have raised a total of USD 3.81 billion in the second quarter of 2020, according to data gathered by Buy Shares.

fintech, Stripe, Robinhood, Monzo, payments, investment, funding, Starling Bank, Airwallex

Robinhood secures additional USD 320 mln in Series F funding round

14 Jul 2020 | Payments General

US-based investment platform Robinhood has extended its Series F funding round with another USD 320 million, bringing the total raised so far to USD 600 million. 

Robinhood, funding, Series F, investment platform, fintech, US, IVP, Dropbox, Twitter, Klarna, TransferWise, TSG Consumer Partners

Checkout.com triples valuation to USD 5.5 bln in Series B fundraise

22 Jun 2020 | Ecommerce

Global payment service provider Checkout.com has raised USD 150 million in a Series B funding round, tripling its valuation to USD 5.5 billion.

Checkout.com, Series B funding round, Payouts, Coatue, Insight Partners, DST Global, Blossom Capital, GIC, Grab, Revolut, Careem, Glovo, Robinhood, Farfetch, Klarna, Remitly, payment methods, fraud management, international cards, merchants, ProcessOut, Pin Payments

USD 280 mln funding round completed by Robinhood

11 May 2020 | Payments General

Fintech startup Robinhood has revealed the completion of its Series F funding round, raising some USD 280 million in fresh capital.

Robinhood, funding round, fintech, startup, partnership, 9Yards Capital, Unusual Ventures, NEA, Ribbit Capital

South Korea's fintech Toss aims to raise USD 200 mln investment

07 May 2020 | Payments General

South Korea-based fintech startup Toss has planned to raise USD 200 million from investors to expand in online banking and security trading services.

Toss, online banking, secure trading, South Korea, fintech, Paypal, Robinhood, Credit Karma, money transfer, loans, credit rating management, credit cards, securities brokerage, small businesses, internet bank, open banking

Robinhood raises USD 8.3 bln in funding round

06 May 2020 | Payments General

Robinhood, an investment and stock trading app, has raised USD 280 million in a funding round led by existing investor Sequoia Capital

fintech, startup, Robinhood, trading app, Sequoia Capital, incumbent, retail, Charles Schwab Corp, TD Ameritrade Holding Corp, Fidelity Investments, banking

Robinhood to offer credits to some customers affected by the outages

25 Mar 2020 | Payments General

Robinhood has been looking to rebuild trust with users by offering credits to some customers affected by recent trading outages, according to CNBC.

Robinhood, investment, money, credits, outage, banking, fintech

Fintech startups to scale up beyond their boundaries

23 Mar 2020 | Payments General

Fintech startups are looking to scale up beyond their boundaries, says GlobalData, a data analytics company.

insurtech, fintech, banking, Paytm, online mobile recharge, bills payment, stock broker, US, India, funding, Robinhood, Lemonade

FCA grants broker license to investment App Robinhood

09 Aug 2019 | Cryptocurrencies

The Financial Conduct Authority (FCA) has approved for Robinhood, a stocks, ETFs and crypto investment app, to operate as a broker in the UK.

Financial Conduct Authority, FCA, Robinhood, broker licence, cryptocurrency, crypto investments, UK

Investment app Robinhood stored passwords in plaintext

26 Jul 2019 | Digital Identity, Security & Online Fraud

Robinhood, an investment and stock trading app, has been storing user credentials, including passwords, in plaintext on internal systems.

Robinhood, investment app, fintech, security, passwords, encryption, fraud prevention, stock trading

US senators demand regulators to carefully monitor fintechs product offerings

21 Dec 2018 | Digital Identity, Security & Online Fraud

A group of US senators have expressed concern that Robinhood may not be offering full transparency to its customers over the botched launch of its new cash management service.

Robinhood, fintech, cash management, regulators, US, competitive advantage, financial product, transparency

JP Morgan Chase teams with Plaid for open banking

24 Oct 2018 | Payments General

US-based APIs for financial infrastructure provider Plaid has linked up with JP Morgan Chase to help the bank make a move toward open banking.

JP Morgan Chase, Plaid, open banking, open API, fintech, financial infrastructure, Goldman Sachs Investment Partners, Robinhood, Acorns, Venmo