Robinhood raises $660M, pushes valuation to $12B
Robinhood is now valued at $11.7 billion and has been reported to be planning an initial public offering this year.
Latest Robinhood News
US regulator investigates Robinhood over disclosure errors
The app-based platform is alleged to have failed in its duty to disclose the information, with its ‘How We Make Money’ page silent on sales of its order flow.
Robinhood raises $280M in Series F funding round
The funding round was led by existing investor Sequoia Capital, in partnership with both existing and new investors.
Robinhood asks investors for $250M after March outages
Since the middle of March, Robinhood has been engaged in compensating users affected by the problems.
Digital currency-friendly Revolut launches in the US
Digital banking platform Revolut has launched in the U.S, five years after it launched in Europe. The platform supports easy buying of digital currencies.
Huobi launches zero-fee mobile app targeting Asian market
Huobi has launched a mobile app that targets the Southeast Asian market, allowing users to purchase digital currencies from their phones for zero fees
Crypto-friendly Revolut secures $500M in latest funding round
The digital banking platform, which allows its users to easily purchase crypto, is now valued at $5.5B, making it the U.K.’s most valuable fintech startup.
Robinhood settles with FINRA for equity order routing failures
The investment app reportedly failed to ensure customer orders were executed on the best available terms when routing orders through its broker-dealer partners.
Robinhood pulls back on plans to secure a banking charter in the US
Stock and cryptocurrency trading platform Robinhood has come to realize that its goals may have extended well beyond its reach.
Robinhood wins FCA approval to operate as broker in UK
With the approval from the Financial Conduct Authority, Robinhood is expected to take its investment platform to more customers in the U.K.
Robinhood raises $323M, putting firm at $7.6B valuation
Continuing to be the mainstream darling of the crypto industry, Robinhood recently brought in an impressive investment round.
Robinhood’s crypto trades are powered by Jump Trading: report
Robinhood doesn’t want to reveal much about their partner, but a recent report indicates they can offer cryptocurrency thanks to brokerage Jump Trading.