Robinhood

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

Saving, not spending, is the new hotness in fintech

Yesterday news broke that Robinhood is on the hunt for new capital at a roughly flat valuation, and the round is more reasonable than you think.

All press is good press for Robinhood

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week the Key Three were back with Danny Crichton, Natasha Masc

Trade Republic, a German Robinhood, raises $67M led by Accel and Founders Fund

In the U.S., Robinhood has led the charge in upending the stock investing model through its mobile-first, minimal-step, commission-free trading platform. Now a startup out of Germany built on a simila

IRL pivots into virtual event calendar In Remote Life

What do you do if you’re an event discovery startup and suddenly it’s illegal to attend events? You lean into the cultural shift and pivot. Today, $11 million-funded calendar app IRL is mo

Financial markets may be sliding globally, but interest in stock trading apps soars

The stock markets are having a very rough month, but interest in stock trading apps is skyrocketing, according to data from industry trackers and companies themselves. Across the board — from specul

Robinhood’s third outage may point to deeper problems in its tech stack

After suffering its third outage in two weeks, Robinhood’s founders may need to take a deeper dive into the technology stack that powers their business. That’s because the outage the mobil

The Robinhood app went down again as stocks got routed on Wall St.

Investors using the trading app from Robinhood were once again locked out of trading after the app went down on another heavy (bad) day of trading on Wall Street. After about an hour of downtime, func

Robinhood’s downtime as a stress test for the consumer fintech boom

Let's peek at what numbers can tell us, and try to figure out if there's a lesson for consumer fintech and finservies companies while we're at it.

Robinhood offers $15 discount, blames outage on record trades

It wasn’t the leap year, a coding blip, or a hack that caused Robinhood’s massive outages yesterday and today that left customers unable to trade stocks. Instead, the co-CEOs write that &

Stocks fall despite Fed intervention, dragging tech shares down once again

On a day that saw the U.S. Federal Reserve try to flip the only switch it can to light up investor confidence, investors remained unconvinced of the short-term financial prospects of the U.S. and glob

Down again, Robinhood will offer ‘case-by-case’ compensation for its outage on the day markets gained $1.1 trillion

As the company experiences its second day of outages, Robinhood, the popular trading app with a purported 10-million-strong user base and a $7.6 billion valuation, said it will offer compensation for

Robinhood suffers prolonged outage on the day the Dow enjoyed its biggest point gain since 2009

Robinhood, the startup with a stock trading app valued upwards of at least $7.6 billion, suffered one of its worst outages on one of the busiest trading days of the year. As the Dow Jones Industrial A

As Morgan Stanley buys E-Trade, Robinhood preps social trading

Before it was worth $7.6 billion, the original idea for Robinhood was a stock-trading social network. At my kitchen table in San Francisco in 2013, the founders envisioned an app for sharing hot tips

What the $13B E-Trade deal says about Robinhood’s valuation

Here's what the recently announced E-Trade sale and its recent financial performance can tell us about Robinhood's valuation
Load More