Articles with tag like: Robinhood

Found 21 results in 788 milliseconds.

Robinhood to apply for US IPO

News | Payments General | 26 Mar 2021

Robinhood has submitted plans to regulators for a US initial public offering.

Robinhood, funding, cryptocurrency exchange

Robinhood removes trading restrictions on stocks, including GameStop

News | Payments General | 05 Feb 2021

Online brokerage app Robinhood has removed temporary trading restrictions on all stocks, including GameStop and AMC, according to Reuters.

Robinhood, stock trading, trading, GameStop, online brokerage, app, AMC, US Treasury Secretary, Investor, financial market, regulator

Robinhood raises USD 3.4 billion to cope with customer growth

News | Payments General | 02 Feb 2021

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

Robinhood forced to raise USD 1 bln from investors

News | Payments General | 29 Jan 2021

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

Walmart launches fintech, via Robinhood, Credit Karma, and Affirm backer

News | Payments General | 12 Jan 2021

Walmart (WMT), a large US-based retailer, has launched a financial technology (fintech) startup in partnership with venture capital firm Ribbit Capital, a backer of Robinhood, Credit Karma, and Affirm.

Ribbit Capital, Robinhood, Credit Karma, Affirm, fintech, payments, Walmart, US, WMT, retailer

Robinhood penalised by SEC with USD 65 million for misleading users

News | Payments General | 21 Dec 2020

The Securities and Exchange Commission (SEC) has charged the makers of Robinhood, a popular stock trading app, with ‘misleading customers about revenue sources and failing to satisfy the duty of best execution’.

Securities and Exchange Commission, SEC, Robinhood, trading app, fintech, penalty, US, transaction fees

Robinhood raises USD 660 mln in latest funding round

News | Payments General | 24 Sep 2020

Robinhood, the financial technology startup popularising trading among millennials, has increased its latest funding round from investors to USD 660 million.

Robinhood, funding, startup, financial technology, Millennials, fintech

Robinhood postpones its UK launch

News | Mobile Payments | 22 Jul 2020

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

News | Payments General | 17 Jul 2020

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

News | Payments General | 14 Jul 2020

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

News | Ecommerce | 22 Jun 2020

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

News | Payments General | 11 May 2020

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

News | Payments General | 07 May 2020

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

News | Payments General | 06 May 2020

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

News | Payments General | 25 Mar 2020

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

News | Payments General | 23 Mar 2020

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

News | Cryptocurrencies | 09 Aug 2019

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

News | Digital Identity, Security & Online Fraud | 26 Jul 2019

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

News | Digital Identity, Security & Online Fraud | 21 Dec 2018

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

News | Payments General | 24 Oct 2018

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