Robinhood
-
Robinhood stock-trading app confirms $110M raise at $1.3B valuation
Zero-fee stock-trading app Robinhood has joined the unicorn club. That’s thanks to it reaching 2 million total monthly users, and 17 percent month-over-month growth of its revenue-driving Robinhood Gold subscription product. The startup confirmed to TechCrunch that it’s raised a $110 million Series C at a $1.3 billion valuation. Read More
-
Robinhood stock trading app valued at $1.3 billion with big raise from DST
Zero-fee stock trading app Robinhood has added to its coffers, raising another big round of funding. According to sources, the round was led by Yuri Milner investment vehicle DST Global and values the company at $1.3 billion dollars. Read More
-
Crunch Network
Innovation under the hood will rev the engines of a fintech revolution
New consumer-facing financial applications are being built on top of old banking infrastructure, while other startups are going around financial infrastructure altogether. Together, they are unbundling the roles of banks and other financial incumbents. Read More
-
Free stock trade app Robinhood monetizes with $10/month to buy on credit
Robinhood says it will never charge commissions to trade stocks, but the $66 million-funded startup is finally ramping up monetization with the launch of “Robinhood Gold” premium features. For $10 per month, users can skip the three-day waiting period with instant deposits and reinvesting, trade 30 minutes before and 2 hours after the market is open, and borrow up to double the… Read More
-
Crunch Network
The fintech world beyond Silicon Valley and Europe: Emerging market contenders
According to a recent study by Accenture, investments in fintech hit $5.3 billion in the first quarter of this year (having grown 75 percent in 2015, exceeding $22 billion). These are staggering figures for a still nascent industry, which can have a monumental impact on all sectors, from lending and investments to savings and payments. Read More
-
Robinhood lets China trade US stocks free through Baidu’s finance app
Zero-fee stock trading startup Robinhood is barging into China, even though it lacks explicit regulatory approval. Robinhood will enter this legal grey area through an integration into Chinese search giant Baidu’s Stockmaster finance app. It will allow Chinese citizens to buy and sell US stocks with no fee and no account minimum from their phones when few affordable mobile stock… Read More
-
Betterment and Robinhood clash on how to disrupt investing
What does the future of the financial services industry look like? The founders of two startups with two very different answers to that question took the stage at the TechCrunch Disrupt NY 2016 conference this morning to discuss how they’re planning to disrupt traditional brokerages. Read More
-
Simplify your stock-picking process with these apps
Investing in the stock market made easy — that’s the goal of these apps, which make investing more convenient and help you keep tabs on the market updates. And you don’t have to be a finance whiz to work them. Read More
Latest Crunch Report
-
Robinhood preps for zero-fee stock trading launch in China
Robinhood will bring its free U.S. stock trading app to the world, and just announced one of the first countries will be China. To prepare, today it launched a Chinese-language version in the U.S. and began asking users to invite friends and family in China to its waitlist. Robinhood previously launched a waitlist for Australia, but has otherwise only been available in the United States. For… Read More
-
Crunch Network
RobinHood’s chief executive on the importance of design in fintech
In this podcast, chief executive Baiju Bhatt discusses what it was about their initial value proposition that made so many users convert, and the integral role design plays at RobinHood. Read More
-
Robinhood co-founder Baiju Bhatt to talk fighting the establishment at Disrupt NY
When an app wins an Apple Design Award and has hundreds of thousands of people on its waiting list, people are going to want to know how exactly the founders did it. So, TechCrunch is excited to announce that Baiju Bhatt, cofounder of the popular commission-free stock trading app Robinhood, while be speaking on the TechCrunch Disrupt New York stage this coming May. Baiju, who… Read More
-
Robinhood Ditches 3-Day Wait, Fronts New Users $1000 To Buy Stocks
The most annoying part of zero-fee stock trading app Robinhood was that when you signed up, there was a 3-day delay before money you deposited appeared in your account. Luckily, today the startup is solving this by embracing a slightly higher risk of fraud with the launch of Robinhood Instant. It lets users borrow up to $1000 to trade with while their deposit clears, and immediately trade with… Read More
-
Meet The Apps Vying For The Crunchie For Best Mobile App Of 2015
The 9th Annual Crunchies are right around the corner. On February 8, some of your favorite startups, entrepreneurs and investors will make their way to San Francisco’s War Memorial Opera House for the Oscars of startups and technology. They’ll be hoping to win a Crunchie award in one of 12 categories up for grabs at this year’s show. Read More
-
Meet The Startups Vying For The Crunchie For Best New Startup Of 2015
The 9th Annual Crunchies are right around the corner, and some of the best and brightest startups, companies and leaders are vying for the chance to win the coveted Crunchie award in one of the 12 categories up for grabs. As the event draws closer, we’ll be featuring the finalists in each of the 12 categories up for grabs, starting with the nominees for one of the most prolific… Read More
-
Announcing The 9th Annual Crunchies Finalists
After a multitude of worthy nominations, TechCrunch is proud to announce the 9th Annual Crunchies Awards finalists. Take a peek below at the full list of finalists for each award category. There are 12 categories that recognize a variety of significant accomplishments by the startup community, ranging from Fastest Rising Startup and Best Founder to our inaugural Include Diversity Award. When… Read More
-
Robinhood Gives Zero-Fee Stock Trading To Other Apps
What Stripe did for easy payments, Robinhood is doing for free stock trading. This week the brokerage startup launched its platform so developers can bake its zero-commission stock trading into their products. Stop for a second and think about how big a deal this is. Before now, there were two types of stock apps. Ones that actually let you make trades but charged you a fee of around $7… Read More
-
Stock Trading Was Expensive And Ugly. Robinhood’s App Makes It Free And Pretty
Robinhood steals stock trading from rich guys in suits and gives it to normal people who couldn’t afford to pay $7 per transaction. The zero-fee stock trading app is bonafide hit. Less than a year after launch it has hundreds of thousands of users, over $1 billion in transactions, $66 million in funding, and an Apple Design Award. In fact, it’s the first finance app to win that award. Read More
-
Robinhood’s Vlad Tenev On Stock Market Turmoil And Eliminating Trading Fees
This might not seem like the best time to be running a startup focused on stock market trading, but Vlad Tenev, co-founder of Robinhood, still sees plenty of opportunities. “There’s always companies and products that are doing well, and there’s always comapnies and products that aren’t doing so well,” he said. “In addition to that, short-term fluctuations… Read More
-
Introducing Disrupt TV Live From Disrupt SF
We’re just a week away from TechCrunch Disrupt SF 2015, and the TechCrunch video team has a packed schedule: broadcasting interviews, updates and all sorts of other great startup action live from the exhibit hall floor. Disrupt TV kicked off at Disrupt NY back in May, and we got such positive feedback we’re doing it again in San Francisco. Eh, we can sleep when we’re dead. Read More
Message Us