Robinhood Stock

robinhood.com | Finance/Payments | Founded: 2012 | Funding to Date: $66,000,000

Robinhood is a developer of a mobile stock trading application designed to democratize access to the financial markets. The company's free stock trading application offers real-time market data and allows investors to give up a full-service trading platform in exchange for the ability to buy a wide selection of stocks and ETFs without paying commissions or fees, enabling them to invest what they can afford and skip the fees. Recently, the company rolled out zero-fee trading of Bitcoin and Ethereum to investors in certain states.

ENTERPRISE VALUE (based on primary fundings)

TEAM

Management Team
  • Vladimir Tenev Ph.D - Co Founder & Co-Chief Executive Officer
  • Baiju Bhatt - Co-Founder & Co-Chief Executive Officer
  • Scott Friedman - Managing General Partner
  • Jack Randall - Head of Communications
  • Miles Wellesley - Vice President of Business Development
Board Members
  • Baiju Bhatt - Robinhood
  • Blake Byers Ph.D - GV
  • Jan Hammer - Index Ventures (UK)
  • Scott Sandell - New Enterprise Associates
  • Vladimir Tenev Ph.D - Robinhood

NEWS

TechCrunch

Robinhood, the U.S.-based “zero-fee” stock-trading app and cryptocurrency exchange, is stealthily recruiting for a new London office ahead of plans to eventually launch in the U.K., TechCrunch has learned. According to sources within London’s thriving fintech industry, Robinhood i…

barrons

Robinhood promoted checking and savings accounts that weren’t really checking and savings accounts in the way normal people or regulators think of checking and savings accounts—and 36 hours later had pulled down every mention of the product from its website.

TechCrunch

Robinhood is undercutting the big banks by forgoing brick-and-mortar branches with its new zero-fee checking and savings account features. With no overdraft or monthly fees, a juicy 3 percent interest rate and a claim of more U.S. ATMs than the five biggest banks combined, Robinhood is using the sc…

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