Tagged: zero-fee trading

April 29, 2021 @ 3:17 pm By Omar Faridi  |  

Leading digital investment platform Robinhood is facing numerous lawsuits from clients. The Fintech firm’s clients have been complaining about the lengthy delays when it comes to resolving their account issues. These problems have led to many users being unable to access their funds for months,… Read More

February 12, 2021 @ 1:20 pm By Omar Faridi  |  

Tiger Global is reportedly leading a $200 million investment round in Public.com, a Robinhood competitor. at around a $1.2 billion valuation (quadrupling the firm’s value in only 2 months). Public.com’s management noted that their massive $200 million round would give the firm a $1 billion… Read More

January 6, 2021 @ 11:07 pm By Omar Faridi  |  

Switzerland-based Investart, an online investing service with an intuitive “click-of-a-button” platform that’s intended for all users (especially to beginners), has dropped its commissions on transactions to zero. Customers have the option to choose between creating and managing their own investments or accepting portfolio allocations recommended… Read More

December 16, 2020 @ 7:53 am By Omar Faridi  |  

US-based Public, the provider of a commission-free social investing app, has reportedly finalized a $65 million Series C investment round that was led by Accel. American professional skateboarder Tony Hawk also took part in the round. Advancit Capital, Greycroft, Lakestar, business executive Richard Parsons, and… Read More

June 8, 2020 @ 9:57 am By Omar Faridi  |  

Amsterdam based Fintech BUX, a retail brokerage company that announced a “soft launch” version of its digital asset exchange earlier this year, will be expanding its stock trading services into Austria and Germany. The commission-free trading app provider is introducing its investment platform, Bux Zero,… Read More

April 18, 2020 @ 1:38 pm By Omar Faridi  |  

Trade Republic, a mobile-based investing app, has secured €62 million (appr. $67 million) in capital through a Series B funding round led by Accel and the Founders Fund. The money raised will be used to expand the company’s line of products and services. The funds… 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

February 3, 2020 @ 9:57 am By Omar Faridi  |  

US residents now have another zero-fee option to purchase Bitcoin (BTC) using the US dollar. On January 30, 2020, Tokyo-headquartered digital asset exchange bitFlyer introduced its commission-free service for the BTC/USD trading pair to its US-based clients. bitFlyer’s zero-fee feature is currently only being offered… Read More