Robinhood Markets, Inc.

A Robinhood Markets, Inc. is an American financial services company.

• • …
• Counter-Example(s):
  • Coinbase.
  • LendingClub.
• See: Brokerage Firm, Financial Services, Exchange-Traded Fund.

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References

2018

• (Wikipedia, 2018) ⇒ https://en.wikipedia.org/wiki/Robinhood_(company) Retrieved:2018-8-3.
  • Robinhood Markets Inc., or simply Robinhood, is a U.S.-based financial services company headquartered in Menlo Park, California. The company offers the Robinhood smartphone mobile app, which allows individuals to invest in publicly traded companies and exchange-traded funds listed on U.S. stock exchanges without paying a commission. The company makes money from interest earned on customers' cash balances and margin lending. After an April 2017 fundraising, Robinhood had a $1.3 billion valuation. The Wall Street Journal reported in 2018 that the company had closed another round of financing that valued the company at $5.6 billion.

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