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via CNBC: Robinhood’s co-founder and CEO Vlad Tenev defended the practice in a blog post. Tenev said like its broker-dealer peers, the start-up “participates in rebate programs which help … Read more
Robinhood, a digital brokerage firm, announced on Thursday it would offer no-fee checking and savings accounts alongside its brokerage accounts, with an enticing 3 percent annual interest rate. Brokerage firms … Read more
More financial technology startups are wading into a crowded, stodgy business: checking accounts. Last spring, personal finance app Acorns and lending startup SoFi announced new debit cards. “Neobank” Chime has … Read more
Article strongly comes off as a hit piece, but fwiw: “… The startup, valued at $5.6 billion, was bringing in more than 40 percent of its revenue earlier this year … Read more
via businessinsider: Robinhood is suspending new purchases of Helios & Matheson, the parent company of MoviePass, after the stock’s drastic 99.99% crash. “In order to protect our customers from the risks associated … Read more
by marketn00b I’ve noticed that there’s a great deal of hype around Robinhood as a company due to their hyper growth and disruptive product. What I’m curious about is whether … Read more
by ron_leflore I see a lot of Robinhood discussion, and I noticed something the other day, so I thought I’d post here. There’s an SEC rule that says that when … Read more
Looks like Robinhood aiming to become a one stop shop for investors sludgefeed.com/robinhood-looks-into-banking-products/ “Robinhood is in early discussions with regulators to begin offering banking-like products. These products could be made … Read more