Robinhood has long pinned its growth ambitions on being more than “just a brokerage app” to its users and the world alike. It’s latest push? According to the company’s first quarter 2025 earnings call on Wednesday (April 30), it’s becoming a cryptocurrency giant. “We’re incredibly...
The movement by neobanks to branch into investing and credit card rewards, and investment platforms to branch out into banking, speaks volumes to the appeal of apps as digital front door to a continuum of financial activities. PYMNTS Intelligence has detailed that 60% of millennials, 57%...
FinTech IPO Index names were mostly in the red this past week, and the companies that did manage to post gains barely made it out of the low single-digit percentages. The majority of the headlines through the last several days were centered on partnerships tied...
Robinhood has launched a wealth management service targeting its less-wealthy clients. The financial services company on Thursday (March 27) unveiled “Robinhood Strategies,” a wealth management service for its premium “Gold” customers. The service comes with a 0.25% annual fee, capped at $250. The company is...
May 16, 2025
Moving into mid-May, the FinTech IPO Index’s 4.4% increase was powered by a string of earnings reports, with digital payments growth seen across Latin America and swelling transaction volumes for buy now, pay later providers and B2B platforms. As PYMNTS reported, Toast sees promise in its artificial intelligence (AI)-driven efforts improve restaurants’ operating efficiencies. CEO […]
April 18, 2025
The movement by neobanks to branch into investing and credit card rewards, and investment platforms to branch out into banking, speaks volumes to the appeal of apps as digital front...
March 28, 2025
FinTech IPO Index names were mostly in the red this past week, and the companies that did manage to post gains barely made it out of the low single-digit percentages....
March 21, 2025
The past five trading days have been a roller coaster, as interest rates and the Fed’s stance on cuts to those rates proved top of mind. Although comments from the...
March 27, 2025
Robinhood has launched a wealth management service targeting its less-wealthy clients. The financial services company on Thursday (March 27) unveiled “Robinhood Strategies,” a wealth management service for its premium “Gold” customers. The service comes with a 0.25% annual fee, capped at $250. The company is also rolling out “Robinhood Banking,” a private banking service for […]
March 24, 2025
Massachusetts’ securities regulator is reportedly investigating Robinhood’s newly launched prediction-markets hub. Secretary of State Bill Galvin told Reuters on Monday (March 24) that his office sent a subpoena to Robinhood...
March 17, 2025
Robinhood has added a prediction markets hub to its app, allowing users to trade on the outcomes of events. The first contracts, which started rolling out Monday (March 17), cover...
February 25, 2025
Robinhood Markets CEO Vlad Tenev reportedly said Tuesday (Feb. 25) that government regulation is good for the company’s business. Speaking with Bloomberg Television, Tenev added that the Robinhood knows how to operate in a...
