Robinhood culls 300 in 10% headcount cut as fintechs retrench
Robinhood Markets Inc. said it’s cutting 10% of its workforce, a reduction of around 300 positions, to “remain lean and ...
Tag: Robinhood
Fintech funding future uncertain in tariff-saddled market
It is too early for experts to predict the impact of ongoing economic uncertainty worldwide — driven by tariffs and ...
Fiserv is expanding its AppMarket to foster FIs, fintech collaboration
As financial institutions adapt to shifting customer expectations and regulatory demands, the lines between traditional banks and fintechs are increasingly ...
Robinhood automated deposits up 100% QoQ
Investing platform Robinhood added more than $3.4 billion through its automated customer account transfer service in the first quarter, up ...
Crypto firms including Coinbase, Gemini work together to meet U.S. money-laundering rule
Coinbase Global Inc., Gemini Trust Co. and Robinhood Markets Inc. are among firms helping to build a platform to comply ...
Robinhood-inspired app wants to disrupt Latin America market
A Colombian startup is offering cheap, easy stock trades in a bid to “democratize” access to Latin American stock markets, ...
Robinhood technology and development costs surge 248% YOY
Trading app Robinhood’s technology and development spend is up 248% year over year to $156 million or 28% of total ...
Robinhood to pay $65M to end SEC probe into orders
Robinhood Markets has agreed to pay $65 million to settle Securities and Exchange Commission allegations that the broker failed to ...
Top fintech funding rounds of Q3
Despite economic headwinds from the COVID-19 pandemic, fintech funding volumes continued to move in a positive direction in the third ...
Galileo looks to power fintech in Mexico
Galileo, the financial services API and payments platform behind big-name fintechs like Chime and Robinhood, announced its expansion into Mexico ...
