robinhood

The nascent financial technology industry has seen rapid growth over the last few years. Nearly all the major banks and financial services firms are either actively incubating or facilitating the development of startups and their technology in the FinTech space.

Square Testing a New Free Stock-Trading Service
September 14th, 2019

Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks. The startup’s employees began testing the new feature in recent weeks.

Coinbase and Ripple Fail to Become Top U.S. Startups to Work For: LinkedIn Report
September 6th, 2019

Last year, Ripple and Coinbase were ranked high by LinkedIn. In 2019, they have taken 28th and 29th positions accordingly.

Robinhood Is Authorized to Operate as a Broker in the U.K.
August 8th, 2019

Robinhood, the stock trading app, has been approved by the U.K. regulatory instances to operate as a broker. This is a part of the company’s plans to set up a shop in London.

Robinhood Raises $323M from DST, Sequoia, and Ribbit Capital Tops $7.6B Valuation
July 23rd, 2019

Robinhood, the stock trading app, has achieved a Series E valuation of $7.6 billion after a successful $323 million funding round led by DST Global, Ribbit Capital, Sequoia, NEA, and Thrive Capital.

Could Coinbase’s Brusque Market Disruption Be the Reason for Bitcoin’s Sudden Price Dip?
June 27th, 2019

Coinbase, a cryptocurrency exchange recording over $1 million Bitcoin trading volume, experienced a few minutes site crash. Bitcoin price concurrently plunges afterward within a period of 24 hours.

Bitcoin Price Climbed to New ATH for 2019, Almost Hit 14,000
June 27th, 2019

After hitting its new 2019-high close to $14,000 levels on Wednesday, Bitcoin price underwent a major pullback losing nearly $1.8K in just a few hours and is currently trading around $12,200 levels.

Bitcoin Share of Total Crypto Market Falls Below 51% to Its 3 Months Low
March 20th, 2019

Bitcoin dominance has fallen to a three month low. This could indicate that investors are moving into riskier assets, with renewed confidence in virtual assets and a bullish outlook for the market.

Robinhood and LibertyX Become the Latest Companies to Win New York’s BitLicense
January 25th, 2019

With Robinhood and LibertyX, NYSDFS has approved sixteen licenses for companies in the virtual currency marketplace.

Fintech Firm Plaid Acquires Its Rival Quovo to Build the New Full-Service API Platform
January 9th, 2019

San Francisco-based fintech app provider Plaid has announced its first major acquisition. The startup allegedly spends $200M to acquire its rival company Quovo.

Robinhood Disrupts Traditional Banking Offering 3% Interest on Saving Services
December 14th, 2018

The traditional banking system has ‘fleeced’ their unsuspecting customers through hidden charges on most services. Robinhood has intervened to salvage the deteriorating situation.