Robinhood

FinTech IPO Index Slides 3% as Affirm and Blend Lead Declining Stocks
FinTech IPO Index Slides 3% as Affirm and Blend Lead Declining Stocks
October 06, 2023  |  Fintech Investments

The FinTech IPO Index gave up nearly 3%, coming into the end of the first full trading week of the fourth quarter. Affirm led declining...

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Higher for Longer Means Tougher for Longer for FinTechs
Higher for Longer Means Tougher for Longer for FinTechs
September 24, 2023  |  Fintech Investments

The Federal Reserve said last week that higher interest rates could stick around. As The Wall Street reported Sunday (Sept. 24), this “higher for longer” strategy could spell bad...

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FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 
FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 
September 22, 2023  |  Fintech Investments

Partnerships were the prime source of headlines this past week. But for the FinTech IPO Index, which gave up 5.8% through the past five sessions,...

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Robinhood Pushes Retirement Accounts as Movie Resurrects Its Past
Robinhood Pushes Retirement Accounts as Movie Resurrects Its Past
September 17, 2023  |  financial apps

Robinhood believes it has been “misunderstood.” A new movie might not help matters. As The Wall Street Journal (WSJ) reported Saturday (Sept. 16), the trading platform...

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Robinhood’s Monthly User Numbers Continue to Dip
Robinhood’s Monthly User Numbers Continue to Dip
September 14, 2023  |  Business

Robinhood’s monthly active user (MAU) base continues to shrink. The trading platform announced Wednesday (Sept. 13) that its MAUs for August came to 10.6 million. That’s down from...

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Chime Mobile Banking Leads PYMNTS’ Provider Ranking of Personal Finance Apps
Chime Mobile Banking Leads PYMNTS’ Provider Ranking of Personal Finance Apps
September 12, 2023  |  Mobile Applications

Handling finances can be overwhelming, especially amid the current economic uncertainties. The PYMNTS Provider Ranking of Personal Finance Apps aims to help consumers sort out the...

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Robinhood to Repurchase Bankman-Fried’s Former Stake From US Government
Robinhood to Repurchase Bankman-Fried’s Former Stake From US Government
September 01, 2023  |  Markets

Online brokerage Robinhood has reached an agreement with the U.S. Marshal Service (USMS) to repurchase shares from Sam Bankman-Fried’s Emergent Fidelity Technologies. The deal, valued at $605.7 million, comes after Robinhood’s shares were...

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FinTech IPO Index Soars 6.4% as Affirm, Futu Shares Rocket Higher After Earnings
FinTech IPO Index Soars 6.4% as Affirm, Futu Shares Rocket Higher After Earnings
September 01, 2023  |  Fintech Investments

Summer’s fading, August ends, and only a few earnings reports marked the headlines this past week for the FinTech IPO Index. But two were enough...

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Chime Tops PYMNTS’ Latest Provider Ranking of Personal Finance Apps
Chime Tops PYMNTS’ Latest Provider Ranking of Personal Finance Apps
August 07, 2023  |  financial apps

Personal finance can be intimidating. But particularly given the ongoing challenges of today’s economic environment, it has never been more important to keep a keen...

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