Robinhood

Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet

Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
Robinhood Seeks Fresh Following as Client Rosters, Revenue Plummet
August 03, 2022  |  Earnings

For Robinhood, it may feel a bit like the clock is ticking. The latest quarter showed a precipitous decline in the platform’s core business, at...

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Today in Crypto: Singapore’s Central Bank Weighs Stablecoin Regulations in Wake of TerraUSD Collapse; Robinhood Crypto Unit Faces $30M Fine for AML, Cybersecurity Violations
Today in Crypto: Singapore’s Central Bank Weighs Stablecoin Regulations in Wake of TerraUSD Collapse; Robinhood...
August 02, 2022  |  Cryptocurrency

The Monetary Authority of Singapore (MAS) is looking at how to regulate stablecoins, a release from the agency said. Get the Full Story Complete the...

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Robinhood Cuts 23% of Staff as Brokerage Sees 34% Drop in Monthly Active Users
Robinhood Cuts 23% of Staff as Brokerage Sees 34% Drop in Monthly Active Users
August 02, 2022  |  financial apps

Robinhood, the popular brokerage app, will lay off about 23% of its staff as customers slow down trading, The Wall Street Journal (WSJ) wrote Tuesday...

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SMB Fundraising FinTech Parafin Raises $60M
SMB Fundraising FinTech Parafin Raises $60M
August 02, 2022  |  Investments

Parafin, a FinTech launched by veterans of Robinhood Markets, has raised $60 million in a new financing round. Get the Full Story Complete the form...

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Robinhood Crypto Unit Faces $30M Fine for AML, Cybersecurity Violations
Robinhood Crypto Unit Faces $30M Fine for AML, Cybersecurity Violations
August 02, 2022  |  Regulation

The New York State Department of Financial Services (NYDFS) has fined the cryptocurrency trading unit of online brokerage Robinhood $30 million for alleged violations of...

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Stash App Loses 23 Points in Personal Finance Provider Ranking
Stash App Loses 23 Points in Personal Finance Provider Ranking
July 21, 2022  |  Personal Finance

Sometimes people are thrifty; sometimes they splurge. We can see that when we compare this month’s edition of PYMNTS’ Provider Ranking of Personal Finance apps...

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Plaid Adds Support for Digital Asset Exchanges
Plaid Adds Support for Digital Asset Exchanges
July 14, 2022  |  Digital Banking

Payment processing firm Plaid is now supporting digital asset exchanges and investment platforms to meet the growing number of people using cryptocurrencies. Get the Full...

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Robinhood Deal Would Give FTX Key Piece for Trading Superapp
Robinhood Deal Would Give FTX Key Piece for Trading Superapp
June 27, 2022  |  Cryptocurrency

When news broke that cryptocurrency billionaire Sam Bankman-Fried was looking into buying Robinhood, shares of the crypto and stock brokerage did something they haven’t done...

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Robinhood Jumps After News of Possible FTX Purchase
Robinhood Jumps After News of Possible FTX Purchase
June 27, 2022  |  Acquisitions

Shares of trading app Robinhood rose 14% Monday (June 27) following news that it might be purchased by cryptocurrency exchange FTX. Get the Full Story...

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