Archives

December 16, 2020 @ 8:29 am By JD Alois  |  

Robinhood, a digital investment platform that has encouraged a new generation of investors to enter the markets, is a target of an administrative complaint by the State of Massachusetts, according to the WSJ.com According to the report, Massachusetts Securities Division said that “Robinhood failed to… Read More

December 10, 2020 @ 7:43 am By Omar Faridi  |  

Robinhood, a popular trading app that has encouraged a new generation of investors to take part in equity trading, has reportedly hired giant Wall Street investment bank Goldman Sachs to lead the Fintech firm’s IPO. Robinhood Markets will be working with Goldman Sachs (NYSE:GS) in… Read More

October 16, 2020 @ 11:47 am By Omar Faridi  |  

Robinhood, a modern trading platform that offers both traditional securities as well as cryptocurrency trading options, has confirmed that a limited number of its customer accounts were targeted by cybercriminals. However, Robinhood clarified that its service platform itself was not compromised. Hackers reportedly managed to… Read More

September 23, 2020 @ 2:24 pm By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, has reportedly secured $660 million in total through its Series G funding round. The platform revealed it raised $200 million through the round last month, with D1 Capital Partners leading the… Read More

September 3, 2020 @ 10:12 am By JD Alois  |  

Robinhood, a trading app that has encouraged a new generation of investors to participate in equity trading, may have to pay a fine due to undisclosed deals it had with outside firms, according to a report. First reported by WSJ.com, Robinhood had been selling client… Read More

August 12, 2020 @ 4:16 pm By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, has quietly turned off its stock popularity data feature. The feature allowed anyone to see which companies’ shares were surging in popularity by the masses of traders. Robinhood has been credited,… Read More

July 21, 2020 @ 8:18 am By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, has made the tough decision to postpone its UK launch indefinitely. The company announced the unfortunate news in an email on Tuesday, which reportedly read: Hi there,   We’re saddened to… Read More

July 13, 2020 @ 2:25 pm By Samantha Hurst  |  

U.S. fintech Robinhood has reportedly secured an additional $320 million in funding through its Series F investment round. Robinhood previously announced it raised $280 million through the round, which was led by Sequoia Capital.  Founded in 2013, Robinhood is on a mission is to democratize… Read More

June 19, 2020 @ 10:23 pm By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, announced on Friday it was making a commitment to improving its Options offering. According to Vlad Tenev and Baiju Bhatt, Co-Founders and Co-CEOs, the improvements follow the recent news that Alex… Read More

June 18, 2020 @ 4:52 pm By JD Alois  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, endured another period when account holders were unable to access the application. Via Twitter, Robinhood explained the issue: “We encountered an issue involving a third-party service, which led to degraded performance… Read More

May 4, 2020 @ 3:05 pm By Samantha Hurst  |  

U.S. fintech Robinhood announced on Monday it secured $280 million through its Series F funding round, which was led by Sequoia Capital with participation from existing and new investors, including NEA, Ribbit Capital, 9Yards Capital, and Unusual Ventures. Founded in 2013, Robinhood stated it is… Read More

April 17, 2020 @ 8:40 am By Omar Faridi  |  

US Fintech firm Robinhood is reportedly getting ready to finalize its investment round worth an estimated $200-$250 million. Following the successful completion of this round, the Menlo Park-based brokerage firm would be valued at roughly $8 billion, according to recent reports. Sources familiar with the… Read More

March 23, 2020 @ 12:13 pm By JD Alois  |  

For a long time, Fintechs were viewed as slicing and dicing various services that banks and other financial services firms provided as part of a cafeteria of offerings. Take online lending for example, marketplaces and direct lenders targeted SME loans and consumer credit as a… Read More

March 9, 2020 @ 3:57 pm By JD Alois  |  

Robinhood suffered another outage today during a historic market rout as a combination of Coronavirus hysteria and a plunging oil market raised economic fears to a new height. Traders using the Robinhood platform once again endured a multi-hour outage. Services appear to be completely restored… Read More

March 4, 2020 @ 10:20 am By JD Alois  |  

Crowdfund Insider reported earlier today (March 3, 2020) that trading platform Robinhood had resolved its issues and was back up and running after a day-long outage during one of the biggest market rallies ever. Unfortunately, the news that everything was A-OK was a bit premature… Read More

March 3, 2020 @ 7:49 am By JD Alois  |  

Robinhood, a popular Fintech providing trading services, has now restored all of its services. According to a note from a Robinhood spokesperson, “instability tripped up its tech stack causing a day-long outage. A Robinhood spokesperson distributed the following statement: “On Monday, we experienced an issue… Read More

March 2, 2020 @ 1:40 pm By JD Alois  |  

Technology is great when it works. When it goes down, well things can suck. Especially in the brokerage business. Popular Fintech Robinhood is having a very bad day as it falls into the latter category with a systemwide failure. A trip to the Robinhood website… Read More

December 23, 2019 @ 2:00 pm By Samantha Hurst  |  

With the new year just around the corner, U.S. fintech Robinhood shared the growth and successes its platform experienced in 2019. The company revealed in a blog post: “As we get ready to close out 2019, first and foremost we want to say thank you… Read More

December 19, 2019 @ 1:28 pm By JD Alois  |  

FINRA, the regulator for US broker-dealers, has slapped Robinhood – a Fintech trading platform, with a $1.25 million fine for violations pertaining to order routing. While long rmored inside the industry, Robinhood has been assesed the penalty due to “best execution violations.” Robinhood is a… Read More

December 5, 2019 @ 6:29 am By Samantha Hurst  |  

U.S. fintech Robinhood announced on Wednesday more than 10 million people have signed up for accounts on its platform. Publicly launched in 2015, Robinhood is notably on a mission to democratize our financial system. The company offers commission-free trading through on e platform. “Trading in… Read More