Robinhood

78 results about this entity

Period: 26 Jan 2018 - 25 Nov 2024

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More outages likely as Robinhood addresses infrastructure weaknesses

More outages likely as Robinhood addresses infrastructure weaknesses

Stocktrading app Ropbinhood is warning users to expect more outages as it deals with operational failures that knocked its systems offline during a stock market rally last week.

Robinhood outage sees customers threaten class action

Robinhood outage sees customers threaten class action

Threats of legal action are emerging across trading app Robinhood’s 10 million customer base, following a 17-hour outage on the day the stock market gained $1.1 trillion.

Robinhood withdraws bank charter application

/regulation

Robinhood withdraws bank charter application

Stock-trading app Robinhood has withdrawn its bank charter application with the Office of the Comptroller of the Currency.

Robinhood readies investment product for early 2020 launch in UK

Robinhood readies investment product for early 2020 launch in UK

Robinhood is now inviting UK customers to sign up to receive early access to commission-free stocks when the broker app launches in early 2020.

Robinhood releases savings product

Robinhood releases savings product

Stock trading outfit Robinhood has launched the successor to its doomed checking account, Robinhood Cash Management, a savings product offering 2.05% interest combined with an associated debit card.

Robinhood gains authorisation to open in the UK

Robinhood gains authorisation to open in the UK

Commission-free stock trading app Robinhood has been given the greenlight by the Financial Conduct Authority to open for business as a broker in the UK.

Robinhood stored user passwords in plain text

Robinhood stored user passwords in plain text

High-flying stock trading fintech Robinhood has warned users to change their passwords after revealing that it stored the sensitive data in plain text, rather than an encrypted format, in its internal systems.

Robinhood valuation arrows in on $7.6 billion with $323 million fund raise

Robinhood valuation arrows in on $7.6 billion with $323 million fund raise

Stock trading app Robinhood has raised a massive $323 million round of financing at a $7.6 billion valuation.

Robinhood opens crypto trading in New York

We recently announced that Robinhood Crypto received the BitLicense and a money transmitter license to operate in New York.

/regulation

Robinhood and LibertyX latest to secure New York BitLicences

Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the applications of Robinhood Crypto LLC, a subsidiary of Robinhood Markets Inc., and Moon Inc., dba LibertyX, for virtual currency licenses.

/regulation

Robinhood and LibertyX get NY virtual currency licenses

Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the applications of Robinhood Crypto LLC, a subsidiary of Robinhood Markets Inc., and Moon Inc., dba LibertyX, for virtual currency licenses. DFS has also approved a money transmission license for Robinhood.

Robinhood pulls Checking & Savings account after regulatory backlash

Robinhood pulls Checking & Savings account after regulatory backlash

In a classic case of fintech over-reach, stocktrading app Robinhood has backtracked on the launch of its Checking & Savings account after a backlash from regulatory bodies.

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