Robinhood

A stampede of unicorn news

With a hot IPO market and a world accelerating its shift to digital technologies amidst a pandemic, it’s a busy time for late-stage startups. Happily, the current moment is generating a wave of

Robinhood’s Q2 soars

Robinhood’s huge, two-part Series F round came partially in Q2 and partially in Q3. The app-based trading platform announced the first $280 million  in early May, valuing the company at around

With Robinhood’s UK launch delayed, eToro to bring out UK debit card following acquisition

Investment app eToro is to launch a debit card, following its acquisition of Marq Millions Ltd, the U.K. based e-money business. Marq Millions will now trade as eToro Money and will be the issuer for

Go SPAC yourself

Hello everyone; it’s a busy week with TechCrunch Early Stage underway and a slew of tech earnings to parse through. But that didn’t stop the Equity crew from sitting down to chat about the

Robinhood, the stock trading app, postpones UK launch ‘indefinitely’

Robinhood, the U.S.-based stock trading app, is postponing its U.K. launch “indefinitely,” more than a year and a half after the company began executing on plans to cross the pond. It now

Extension rounds help some startups play offense during COVID-19

The venture capital world is constantly changing, and its evolution can sometimes flip pieces of conventional wisdom on their heads. For example, a recent flurry of extension rounds from Silicon Valle

Robinhood raises $320M more, bringing its latest round to $600M at an $8.6B valuation

The stakes keep getting higher for American discount brokerage Robinhood, which today disclosed that it has added hundreds of millions of dollars to its previously disclosed funding round. Including t

The way to win is to lose the most money the fastest

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a bit feisty, but that’s only because Danny Cri

Amidst Robinhood’s planned service changes, a tension between growth and safety

For a startup valued north of $8 billion, Robinhood's investors are betting that it will quickly scale as a business, something the famous unicorn appears to be doing in recent quarters and years.

Fintech’s savings and investing boom isn’t just a domestic affair

The COVID-19 pandemic disrupted consumer and corporate behavior across the board. Some changes were obvious and quick, like cuts to business travel leading to layoffs at companies that served that spa

All bets are off as Hertz pulls plan to issue $500 million in new stock

Hertz, which filed for bankruptcy last month, halted its $500 million stock offering Wednesday after the U.S. Securities and Exchange Commission told the rental company it would review its controversi

Forget the casino, bankrupt Hertz can now sell up to $1 billion in stock

Hertz, the rental car company that is going through Chapter 11 bankruptcy proceedings, can now sell up to $1 billion in stock as it seeks to tap into one of the hottest tickets in town: traders with a

Why are unicorns pushing back IPOs when the Nasdaq is near record highs?

The unicorns are still at it, Vision Fund 2 or no Vision Fund 2. This week, Instacart announced that it has raised fresh capital at a valuation north of $13 billion. And, on the tail of that news item

Stackin’ raises $12.6M Series B to help millennials navigate the crowded fintech space

Fintech’s funding boom for the past decade has led to a flurry of new consumer startups tackling a wide range of money-related issues, from saving apps to investing platforms. Should you download Ro

Users say Robinhood is down as stocks soar

Users are reporting that trading platform Robinhood was down during early morning trading that saw stock markets soar. Robinhood’s status page says all systems are “operational,” but

Fintech startups amass war chests for the economic downturn

Consumer fintech startups were massively successful in 2019, attracting millions of new users and disrupting traditional retail banks and financial services with mobile-first, consumer-oriented produc

Is it better to be a private or public company right now?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Every week we write this post with some opening line akin to wow,

As investing apps boom, Public doubles down on its social focus

Savings and investing apps are having a moment. While many startups are struggling in the wake of COVID-19 and its economic impacts, services that help regular folks save a bit more or invest their fu

Robinhood raises $280M, pushing its valuation to $8.3B

As expected, Robinhood has closed a new round of capital. The late-stage, consumer investing app announced today that it has closed a $280 million Series F funding at an $8.3 billion valuation. This c

Leaked pics reveal Google smart debit card to rival Apple’s

Would you pay with a “Google Card?” TechCrunch has obtained imagery that shows Google is developing its own physical and virtual debit cards. The Google card and associated checking accoun
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