Robinhood

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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Revolut Self-Shutters US Crypto Business as Coinbase Moves to Dismiss SEC Suit 
Revolut Self-Shutters US Crypto Business as Coinbase Moves to Dismiss SEC Suit 
August 07, 2023  |  Cryptocurrency

It has been a truly humbling past 12 months for the crypto sector. The alternative value-transfer vehicle, which was supposed to revolutionize the traditional financial...

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Alphabet Reduces Stakes in Robinhood, Duolingo and 23andMe
Alphabet Reduces Stakes in Robinhood, Duolingo and 23andMe
August 04, 2023  |  Connected Economy

Alphabet, Google’s parent company, has sold off portions of its shares in several publicly traded companies. Among them are the trading platform Robinhood, in which Alphabet...

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Robinhood Posts First-Ever Profit Amid Crypto Tumble and User Drop-Off  
Robinhood Posts First-Ever Profit Amid Crypto Tumble and User Drop-Off  
August 02, 2023  |  Earnings

Robinhood Markets just notched its first profitable quarter since the platform went public in July 2021. But shares of the company, which was at the...

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Beike Finance and XP Surge as FinTech IPO Index Heads Up 0.5%
Beike Finance and XP Surge as FinTech IPO Index Heads Up 0.5%
July 28, 2023  |  Fintech Investments

The platforms held sway this past week, gaining some ground ahead of earnings due through the next several days. And as a result, the FinTech...

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