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Robinhood launches new cash card

News | Cards | 23 Mar 2022

US-based stock trading and investment app Robinhood has rolled out a new cash card for its customers.

Robinhood, product launch, cryptocurrency, credit card, cash management

Plaid to pay USD 58 mln to users of Venmo, Robinhood and other apps

News | Payments General | 25 Jan 2022

Plaid, which connects consumer bank accounts to services like Venmo, Robinhood, Coinbase and other apps, has been accused of collecting excessive financial data from consumers.

Plaid , Robinhood, banks, financial data, digital banking

Robinhood launches Beta phase of its crypto wallet

News | Cryptocurrencies | 21 Jan 2022

US-based Robinhood has announced the next phase of its wallets program introducing the Beta program and rolling out 1,000 crypto wallets to clients.

Robinhood, cryptocurrency exchange, digital wallet, crypto, blockchain

Ribbit Capital receives USD 1.15 bln in seventh fund

News | Online & Mobile Banking | 04 Jan 2022

Global investment organisation focused on fintechs Ribbit Capital has raised USD 1.15 billion in its alleged seventh fund, according to a filing with the US Securities and Exchange Commission (SEC).

crowdfunding, funding, investment, online payments, Robinhood, financing , fintech

Burger King partners Robinhood to give away free cryptocurrency

News | Cryptocurrencies | 03 Nov 2021

Fast-food chain Burger King (BK) has partnered with Robinhood to give away free cryptocurrency to its customers. 

cryptocurrency, partnership, Robinhood, Bitcoin, Ethereum

Robinhood aims for USD 35 bln valuation in IPO

News | Payments General | 22 Jul 2021

Robinhood, a US-based trading app, has announced it is aiming to float on the New York stock market at a valuation of up to USD 35 billion.

trading platform, Robinhood, IPO

NerdWallet reportedly files for US IPO, Reuters

News | Online & Mobile Banking | 17 May 2021

Personal finance startup NerdWallet has confidentially submitted paperwork to US regulators for an initial public offering (IPO), according to Reuters.

IPO, Robinhood, personal finance management

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