Robinhood

News Roundup

·Apr. 30, 2022

PitchIt Podcast #21: Martin Sokk and Mihkel Aamer of Lightyear

In episode 21 I talk with Martin Sokk and Mihkel Aamer of Lightyear. Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.

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Fintech

·May. 3, 2021

Why Stock Trading Apps Are Here to Stay

[Editor’s Note: This is an article by Devin Partida, the Editor-in-Chief of ReHack.com. Devin is a Fintech and crypto writer whose...

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Fintech USA

·Aug. 4, 2020

Robinhood’s Revenue Doubles in Q2 to $180M

According to a regulatory filing Robinhood’s second quarter revenue came in at $180 million, nearly double the $91 million it...

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Fintech

·Apr. 26, 2022

Robinhood cuts nine percent of workers

Following a company-wide meeting Tuesday afternoon, CEO Vlad Tenev of the retail trading app Robinhood announced a 9% cut of staff.

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Fintech

·Oct. 29, 2021

Fintech earnings begin before Halloween

On Thursday, online lender Enova International posted a $52 million profit on $320 million in revenue, up 57% from the same time last year. In addition, total originations increased 26% sequentially to a record $856 million. Despite the good news, the stock saw only a 4% rise before falling back toward its downward trend this month.

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Regulation

·Sep. 16, 2021

Senate banking hearing grills Gensler on SEC regs, crypto, retail investing, and more

Gensler said his biggest worry about the equity market was competition and consolidation. While retail investing has taken off, the PFOF that enables it is ripe for conflict of interest.

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Fintech

·Aug. 13, 2020