Tag: Robinhood

11thEstate, investment recovery FinTech, bags $2m seed funding from Social Leverage

11thEstate, the first-to-market platform for investors to effortlessly receive entitlements from securities class action settlements and shareholder compensations, has announced the successful closing of a $2m seed round.

Robinhood expands into credit sector with $95m acquisition of X1

Robinhood, a stock trading app, has struck a deal to acquire X1, an innovative credit card startup, for a significant $95m cash settlement.

Robinhood crypto division slapped with $30m penalty

Robinhood’s crypto division has been given a $30m penalty by the New York Department of Financial Services for violations of cyber and money laundering regulations.

Robinhood in Ziglu take-over for “new era of digital money”

Retail investing app Robinhood has signed a deal to acquire Ziglu, a UK-based electronic money institution and cryptoasset firm.

Don’t miss the 11 biggest FinTech deals of 2021

Billions of dollars are invested into FinTech companies each year and 2021 was no different. The sector has seen eye watering amounts of capital deployed into the sector, but what companies made out with the most?

Robinhood data leak leaves seven million customers exposed

Retail investing app Robinhood has been the victim of a data security incident which has exposed information of around seven million people.

Robinhood breaks record for worst first day of trading for an...

Investing app Robinhood has reportedly broken the record for the worst first day of trading for a company to raise so much capital in its IPO.

Global WealthTech funding sets a new record in 2021 after $13.6bn...

H1 2021 surpasses entirety of 2020 funding by $4.4bn, boosted by large deals over $50m

WealthTech funding hit a record $6.6bn in the first quarter boosted...

WealthTech companies raised $6.6bn across 162 deals in Q1 2021 with Robinhood completing a massive $3.4bn funding round.

Why the 46 FinTech rounds from last week are exciting for...

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

Download the free AIFinTech100 report


Download the AIFinTech100 report for 2024 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week