Tag: Robinhood

Navigating T+1 and the rise of round-the-clock trading

As financial markets edge closer to 24/5 and even 24/7 trading, the pressure is mounting on firms to modernise their infrastructures and processes. What...

Retail options boom: Platforms evolve for new investors

Retail investors have become a powerful force in the options market, with their share estimated to range between 45% and 60%, depending on how it's calculated. Although their activity surged during the pandemic, it has remained strong, fuelled by the appeal of options as a versatile and leveraged instrument that supports a range of short-term and event-driven strategies.

Acomotrade boosts broker retention with trading personalisation

DXinsight, a new personalisation tool designed for trading platforms, is set to help brokers address some of their most persistent challenges. The solution promises highly tailored experiences for users, which in turn improves engagement, boosts retention, reduces churn, and ultimately raises client acquisition returns.

Keep raises C$108m to challenge legacy banks in Canada’s SMB market

Canadian FinTech Keep, which offers an all-in-one financial platform tailored for small businesses, has raised C$108m as it emerges from stealth. The funding round includes...

SEC imposes $45m penalty on Robinhood for extensive securities violation

Robinhood has agreed to a substantial $45m settlement with the SEC over various breaches of securities law.

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?

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