Robinhood

Robinhood Close to Resolving 2020 Outage Lawsuit
Robinhood Close to Resolving 2020 Outage Lawsuit
May 27, 2022  |  Legal

Attorneys for the online trading platform Robinhood Markets say they’ve come to an agreement in principle that resolves a lawsuit by investors who say they...

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Robinhood to Launch Standalone Noncustodial Web3 Wallet
Robinhood to Launch Standalone Noncustodial Web3 Wallet
May 17, 2022  |  Cryptocurrency

Robinhood is debuting its own noncustodial wallet to work with Web3, which will let customers have “total control” of their crypto, a company blog said...

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FTX CEO Now Owns 7.6% of Robinhood in $482M Deal
FTX CEO Now Owns 7.6% of Robinhood in $482M Deal
May 13, 2022  |  Cryptocurrency

FTX CEO Sam Bankman-Fried has reportedly taken a big position in brokerage app Robinhood, Coindesk wrote Thursday (May 12), citing a Securities and Exchange Commission...

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Personal Finance App Ranking Sees Some Gains and Losses
Personal Finance App Ranking Sees Some Gains and Losses
May 12, 2022  |  Mobile Applications

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Robinhood to Let Users Lend Against Stock
Robinhood to Let Users Lend Against Stock
May 04, 2022  |  Loans

Stock brokerage app Robinhood has launched a stock lending feature that lets its users lend out their fully paid stocks to borrowers recruited by the...

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Macro Pressures May Spark Long-Term Pullback From Robinhood’s Untested Retail Investors
Macro Pressures May Spark Long-Term Pullback From Robinhood’s Untested Retail Investors
April 29, 2022  |  Economy

The stimulus checks run out, the gambling stops. The meme stock becomes a meme — a cautionary tale about, and for, the retail investor. At...

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Robinhood Q1: Fewer Retail Investors With Lower Account Balances Trading Less
Robinhood Q1: Fewer Retail Investors With Lower Account Balances Trading Less
April 28, 2022  |  Earnings

The difficult macroeconomic climate is causing smaller investors to pull back from trading, Robinhood CEO and co-founder Vlad Tenev said Thursday (April 28) during the...

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After Spurt of Pandemic-Driven Hiring, Robinhood Cuts 9% of Full-Time Staff
After Spurt of Pandemic-Driven Hiring, Robinhood Cuts 9% of Full-Time Staff
April 26, 2022  |  Personnel

Stock brokerage app Robinhood has said it’s laying off 9% of its full-time employees, according to a company blog post published Tuesday (April 26). Get...

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New Product Launches, Expansions Don’t Cheer FinTech Investors as IPO Index Loses 3%
New Product Launches, Expansions Don’t Cheer FinTech Investors as IPO Index Loses 3%
April 21, 2022  |  IPO

Product announcements, new pacts, cash back cards — none of it enough to give PYMNTS’ class of digital startups, newly trading on U.S. stock exchanges,...

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