U.S. fintech Robinhood announced on Wednesday it received authorization from the Financial Conduct Authority (FCA) to operate as a broker in the UK. According to Robinhood, the authorization will enable us to bring its investing platform to customers in the UK and is a “critical… Read More
Fintech Betterment announced yesterday it was becoming more like a bank. The Robo-advisor with more than $15 billion under management revealed “Betterment Everyday”. The new service offered FDIC-insured checking and savings accounts minus all of the typical fees that traditional banks tend to slap on…. Read More
Robinhood announced on Monday it secured $323 million through its Series E funding round, which was led by DST Global, with participation from investors including Ribbit Capital, NEA, Sequoia, and Thrive Capital. Founded in 2013, Robinhood reported that it is on a mission to democratize… Read More
Just a couple of months after the revamping of Robinhood Gold, Robinhood announced Nasdaq Level 2 Market Data has been added to the premium feature, which includes other research reports and margin investing. Robinhood revealed for only $5 a month, users will receive all new… Read More
Robinhood announced on Thursday its Robinhood Crypto service has officially launched in New York. This news comes just six months after Robinhood announced that Robinhood Crypto received a virtual currency license, also known as the BitLicense, and a money transmitter license in the state. At… Read More
In a tweet last week, NYTimes crypto reporter stated that Etrade will soon allow Bitcoin trading. In the wake of TD Ameritrade quietly opening Bitcoin trading for some of its customers, I was just told that eTrade is preparing to begin offering both Bitcoin and… Read More
Robinhood, a Fintech brokerage firm that combines traditional securities with digital assets in a single app, has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC), according to a report by the San Francisco Business Times. Last December,… Read More
Following its acquisition of MarketSnacks to bring users financial news, Robinhood announced the improved version of Robinhood Gold Experience. According to Robinhood, Robinhood Gold is offered to every investor and includes margin investing and bigger instant deposits. It also offers new premium features such as… Read More
Robinhood announced on Monday it has acquired MarketSnacks, which was described as a daily financial news podcast and newsletter, and has re-relaunched these products as Robinhood Snacks. According to Robinhood, as part of the acquisition, MarketSnacks Co-Founders Jack Kramer and Nick Martell are joining us… Read More
Robinhood announced last week Robinhood Crypto received a virtual currency license, also known as the BitLicense, and a money transmitter license in the state of New York. According to Robinhood, the new licenses will allow New Yorkers to invest in cryptocurrencies on the Robinhood platform. Robinhood revealed… Read More
CI reported earlier this week that Robinhood, a Fintech that provides trading in both traditional and crypto assets and more, had announced new checking and savings accounts that would pay holders 3% interest. Even better, Robinhood stated that these accounts would be insured by the Securities… Read More
Yesterday, CI reported that Fintech Robinhood had partnered with another firm to provide checking and savings accounts with a 3% annual interest. That, in itself, is pretty amazing as traditional banks are in the habit of not paying any interest at all in real terms… Read More
According to multiple reports, JP Morgan Chase will begin offering free trading (IE commission-less trades) beginning next week. For anyone who downloads their mobile app, during the first year users will be able to book 100 trades at not cost. If you happen to be… Read More
Swarm, the next gen blockchain platform for issuing security tokens, has opened up pre-funding of the Robinhood Equity Token or REHT. As of today, accredited investors may register to invest to hold equity in Robinhood. Labeled the “first security token of its kind,” when the hurdle… Read More
Swarm, a blockchain for private equity platform, announced on Wednesday the launch of tokens representing equity in individual tech companies, allowing Swarm investors to purchase security tokens representing fractional shares in private companies. According to Swarm, the secondaries, which are sourced through partners who acquire equity… Read More
Robinhood, a Fintech broker firm, announced on Thursday it secured $363 million through its Series D funding round to expand its product lineup. The funding round was led by DST Global with participation from new investors Iconiq, Capital G, Sequoia Capital, and KPCB. Existing investors… Read More
Robinhood, a fintech broker firm, announced this week its new bitcoin and other cryptocurrencies investment platform, which its services are 24 hours a day available the platform is commission-free. Features of the platform include: Everything in one place: All cryptocurrencies, stocks, ETFs, and options are now… Read More
California-based fintech broker firm Robinhood announced on Wednesday the launch of its new platform, Robinhood for Web, which features research and discovery tools. The platform’s debut comes less than a year after the company secured $110 million during its recent Series C funding round, which was led… Read More
California-based fintech company Robinhood announced on Wednesday it not only has reached two million users, but it also secured $110 million during its recent Series C funding round, which was led by DST Global, with participation from NEA, Index Ventures, Ribbit Capital, Thrive Capital and… Read More
Orchard Marketplace is a platform that is uniquely positioned at the intersection of institutional money and online lending. If you are a large investor you are using Orchard to manage and access loans on all marketplace lending platforms. This perspective means that Orchard can easily… Read More
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