Search Results for "Robinhood"

Commission-Free Trading Pioneer Robinhood Seeks US$35B IPO Valuation

Robinhood, the US startup that pioneered commission-free trading, is seeking a market valuation of up to US$35 billion in its upcoming initial public offering (IPO) on July 29. In its submission to the US Securities and Exchange Commission (SEC), the

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How Free Trading Platform Robinhood Makes Money

Robinhood Markets is a rapidly growing fintech startup based in California that’s been at the center of the recent retail trading boom. Robinhood offers commission-free trades of stocks, exchange-traded funds, options and cryptocurrencies as well as margin via a mobile

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A German Robinhood Style Free Trading Platform Raises €62 Million Series B

Mobile investing pioneer Trade Republic announced it has raised a €62 million Series B round led by Accel and Founders Fund, to further the development of a European platform for mobile saving, investing, and trading. One of the largest Series

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Robinhood Officially Starts in UK

Robinhood has been authorized by the Financial Conduct Authority, which regulates U.K. financial services, to operate as a broker in the U.K. This authorization will enable Robinhoood to bring their investing platform to customers in the U.K.. Additionally, Robinhood announced

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Free Stock Trading App Robinhood Joins Fintech Unicorn Club as 23rd Member

Robinhood, a popular app for trading stocks without fees, has raised US$110 million in a Series C funding round led by DST Global, the Russian firm led by billionaire Yuri Milner. The round gives Robinhood a valuation of US$1.3 billion.

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RobinHood Free Trading App Hints at Europe Expansion with New Job Listing

Robinhood, a major American brokerage known for being the first company to offer zero trading commissions for US listed stocks as well as zero account minimums, is planning to launch in Europe as the company seeks for a “Chief Executive

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Revolut Bank Continues Rollout Across Europe; Launches in Austria

UK digital banking unicorn Revolut has started operating as a bank in Austria, marking the 13th country in which it is launching as a licensed specialized bank. Revolut Bank secured a specialized banking license from the Bank of Lithuania in

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Neobank Chime Bags US$750 Million, Fintech Expert Questions US$25 Billion Valuation

San Francisco-based challenger bank Chime Financial announced that it has secured a funding of US$750 million, pushing its valuation to US$25 billion ahead of a planned initial public offering (IPO) early next year. The funding round was led by new

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The 10 Most-Well Funded European Fintech Companies of 2021

2021 has been a record year for fintech funding globally. In Europe, total fintech funding broke the record for annual investment, reaching EUR 10.4 billion in just June 2021 and surpassing the previous record of EUR 9.3 billion raised across

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Fintech IPO Listings Reach New Highs

Fintech public listings reached a new high in Q2 2021 with 19 venture capital-backed fintech companies announcing public exits that quarter. Companies like Coinbase, Alkami, Flywire, dLocal and Marqeta went the initial public offering (IPO) route while others, including Grab,

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