Robinhood UK launches delayed margin lending investing October 21, 2024 Robinhood UK has launched a margin investing feature after it was previously delayed by regulators. Margin investing allows customers to borrow money from Robinhood, leveraging their existing holdings to purchase additional securities When Robinhood UK was launched in the UK in March, the company originally stated that it could charge 12 per cent interest on [...]
Revolut to launch retail wealth app in challenge to Robinhood and Etoro September 24, 2024 Revolut is launching a standalone app based on its wealth management offering as Europe’s most valuable fintech looks to challenge Robinhood and Etoro in the retail investor market. The Revolut Invest app will offer more than 4,000 financial instruments, including from US and European stocks, bonds, commodities and exchange-traded funds, the London-based company said. Equity [...]
Robinhood boss: Why UK public should trust trading and investing app after Gamestop saga September 10, 2024 In this episode of Boardroom Uncovered, the boss of Robinhood UK Jordan Sinclair talks about his journey from South Africa to Canada, how the trading and investing app is taking on the likes of Hargreaves Lansdown and AJ Bell as well as what kind of a leader he is.
Robinhood UK chief: Our Gamestop customers have ‘matured’ June 6, 2024 Robinhood's UK chief Jordan Sinclair says the company has been through a period of "growing up".
What’s happening to Gamestop shares and who is ‘Roaring Kitty’? May 15, 2024 Investing celebrity Roaring Kitty has caused another rally in Gamestop and other so-called "meme stocks" - who is he and what is he up to?
Robinhood launches to UK customers March 19, 2024 Robinhood, the trading and investing app made infamous by the Gamestop saga, has launched in the UK today, after two failed attempts. This is the first step outside the US for the firm, after it shot to global infamy in 2021 as the central player in the so-called meme stock frenzy. The brand tried to [...]
Does the UK really want Robinhood? December 4, 2023 Robinhood launched a push into the UK this week - but how warmly will it be received by British retail investors?
Third time’s the charm: Can Robinhood successfully make an international debut in the UK? November 30, 2023 Share trading app giant Robinhood has announced that it will launch in the UK early next year after two previous failed attempts to expand beyond the US.
Robinhood lays off almost a quarter of staff as crypto crash continues August 3, 2022 Trading platform Robinhood cut about 23 per cent of its staff as the crypto crash persisted and economic outlook dampened. The company, which enables crypto trading, had previously laid off 9 per cent of its staff to manage costs. The layoffs follow other crypto companies cutting staff as the “crypto winter” causes prices of major [...]
Robinhood Crypto fined £24.7m in New York for regulatory violations August 3, 2022 Robinhood Crypto was hit with a $30m (£24.7m) for violating anti-money laundering, cybersecurity, and consumer protection requirements. New York’s financial regulator the Department of Financial Services fined the trading platform’s crypto business on Tuesday for “significant failures” in money laundering obligations and cyber security and violating “critical consumer and reporting requirements.” Additionally, Robinhood Crypto must [...]