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Robinhood

Displaying 81 results

Topic
  • News
  • February 28, 2024

Robinhood wants gig workers’ IRA business

The company announced an IRA that's available through Grubhub, Taskrabbit, and Gopuff.

Topic
  • News
  • February 21, 2024

‘Sobering’ report shows increasing reach of fintech over traditional firms

About a quarter of Americans have tried a tech-based savings or investing service, and companies with scale are getting the most business, a report from Hearts & Wallets finds.

Topic
  • News
  • February 1, 2024

Robinhood is paying 3 percent bonuses for IRA rollovers. Is it enough?

It's a concept that's hardly new in financial services, but the brokerage is offering significantly more than competitors.

Topic
  • News
  • October 13, 2023

SoFi matches Robinhood’s 1% IRA match

The company's sprawling range of financial services include retirement accounts, which it is actively pursuing.

Topic

The Bay State’s fiduciary ruling

With the Massachusetts decision, the fiduciary question now moves to states.

Topic
  • News
  • August 25, 2023

Massachusetts high court upholds state fiduciary rule covering brokers

Decision strikes blow against online brokerage Robinhood but is hailed as a 'Fenway Park Red Sox grand slam home run' by fiduciary advocate.

Topic

Fintech challenged by market forces

While most adviser-facing fintechs were spared the pain felt across the wider technology landscape, not everyone escaped the year unscathed.

Topic
  • News
  • December 7, 2022

Robinhood goes after retirement dollars

The brokerage platform has launched Robinhood Retirement, which lets users open IRAs on its platform and matches 1% of their contributions.

Topic

Fintech Bytes: Robinhood layoffs, BlackRock partners with Coinbase

Some startups have already made moves to prepare for an extended bear market, but now the crunch is coming to more established fintech brands.

Topic
  • News
  • March 31, 2022

Robinhood nears debut of retirement accounts

The company has begun adding support for individual retirement accounts and Roth IRAs within its app, as well as pension accounts.

Topic
  • News
  • March 28, 2022

Robinhood debuts debit card after settling with state regulators

The Menlo Park, California-based company announced a new debit card last week, complete with a spare change investing feature, after reaching a settlement with the Vermont Department of Financial Regulation over lax oversight and service outages.

Topic
  • News
  • December 7, 2021

Amazon, AWS web outages affect Robinhood, Coinbase

Amazon Web Services says it has identified the cause of 'increased error rates' and is working to fix it.

Topic
  • News
  • November 29, 2021

When a hacker calls: How Robinhood fell victim to a vishing scam

The hack raises new questions about Robinhood’s efforts to ensure that its millions of customers get the support and help they need to invest safely.

Topic
  • News
  • October 15, 2021

RIAs should brace for technology disruption

Fintech experts say the next disruption could come from out of the blue, and that advisers should avoid embracing tech for tech's sake.

Topic
  • News
  • October 5, 2021

Robinhood launches 24/7 phone support

The free trading platform rolled out round the clock customer service following a recruiting spree of financial advisers turned customer service reps.

Topic
  • News
  • August 27, 2021

SEC hints at tougher regulation of online brokers

The agency issued a wide-ranging request for comment on how online brokerages use game-like features and other tools to attract investors.

Topic
  • News
  • August 19, 2021

Robinhood tumbles after slowdown warning clouds crypto boom

The online brokerage said that a significant portion of its second-quarter revenue was fueled by virtual currencies, primarily Dogecoin, and predicted it would see lower revenue during the third quarter.

Topic
  • News
  • July 22, 2021

A-Rod backs online brokerage Tornado in $10 million funding round

The seed round also featured other prominent participants like founder of Barstool Sports Dave Portnoy and New Enterprise Associates managing general partner Tony Florence.

Topic
  • News
  • July 19, 2021

Robinhood aims for $35B valuation in IPO

The company at the center of this year's meme stock frenzy will market 55 million shares for $38 to $42 each, according to a filing with the SEC.

Topic
  • News
  • July 13, 2021

Citigroup debuts no-fee stock trading

The bank's new offering puts it into competition with robo-advisers, discount brokerages and some big-bank peers.