Robinhood

FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart and Sezzle
FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart and Sezzle
August 09, 2024  |  Fintech Investments

The wild Wall Street ride continues as earnings have moved the FinTech IPO Index hither and yon, though the past week wound up being mostly...

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Robinhood CEO Says Company Responded to SEC Wells Notice
Robinhood CEO Says Company Responded to SEC Wells Notice
August 08, 2024  |  Cryptocurrency

Robinhood Markets reportedly submitted a response to a Securities and Exchange Commission (SEC) Wells Notice that it received in May, which warned the company of...

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Robinhood Surfs Meme Stock Wave With Retail and Crypto
Robinhood Surfs Meme Stock Wave With Retail and Crypto
August 07, 2024  |  Earnings

On Monday (Aug. 5), the platform powering 24-7 trading for brokers like Robinhood went offline. The platform, Blue Ocean, is the infrastructure provider responsible for...

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Robinhood Purchases Pluto to Provide AI-Powered Investment Advice
Robinhood Purchases Pluto to Provide AI-Powered Investment Advice
July 01, 2024  |  artificial intelligence

Trading platform Robinhood is acquiring artificial intelligence (AI) research service Pluto Capital. The purchase, as Bloomberg News reported Monday (July 1) is designed to offer...

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FinTech IPO Tracker Loses 3.8% Despite Affirm’s Rally on Apple Pay Tie-up
FinTech IPO Tracker Loses 3.8% Despite Affirm’s Rally on Apple Pay Tie-up
June 14, 2024  |  Fintech Investments

Affirm saw its stock rally 7.8% this past week, but the overall trend for the FinTech IPO Index was down, as the group sank 3.8%....

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Robinhood Expands Crypto Offering With $200 Million Bitstamp Deal
Robinhood Expands Crypto Offering With $200 Million Bitstamp Deal
June 06, 2024  |  Cryptocurrency

Robinhood Markets is set to acquire cryptocurrency exchange Bitstamp for $200 million. “Acquiring a global exchange will significantly accelerate Robinhood Crypto’s expansion worldwide,” the company said in a news...

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BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
May 24, 2024  |  Fintech Investments

The FinTech IPO Index lost 2.6% as earnings trickled in. The buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the...

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Robinhood Introduces Lower Margin Rates, Targets More Advanced Investors
Robinhood Introduces Lower Margin Rates, Targets More Advanced Investors
May 21, 2024  |  financial apps

Robinhood has introduced new, lower margin rates that it said are the lowest among leading brokerages. The rates vary based on the customer’s total margin balance...

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FinTech IPO Index Edges Up 1.7% as Katapult Earnings Lead Platforms Higher
FinTech IPO Index Edges Up 1.7% as Katapult Earnings Lead Platforms Higher
May 17, 2024  |  Fintech Investments

Call it the week of the platform. Earnings reports from firms that focus on bringing supply and demand together — in lending, for example, or...

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