Tag: Robinhood

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.

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

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?

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

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.

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

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

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.

The boss of Robinhood has apologised in front of a congressional hearing for the stock-trading app's behaviour amidst the GameStop chaos.

Stock-trading platform Public.com is about to close a Series D round, according to media reports.