Tag Archives: robinhood

The American fintech company – MoneyLion – announced it would enable users to trade digital assets via its all-in-one financial services application. While initially clients would be able to operate only with Bitcoin and Ethereum, the firm intends to add more cryptocurrencies to the offering in the future. MoneyLion Joins The Crypto Trend According to a recent press release, the US mobile financial technology company – MoneyLion – launched a new cryptocurrency service to its...

In an effort to promote long-term cryptocurrency holdings, popular digital asset investment app Robinhood said it has launched a Dollar-Cost Average (DCA) feature for investors. Promoting Long-term Crypto Investments The service, termed Crypto Recurring Investments, will enable Robinhood users to automatically schedule purchases of their favorite cryptocurrencies in bits and at regular intervals. Announcing the new feature in a recent blog post, the trading platform disclosed...

Continuing a long streak of crypto companies that have gone public, popular trading app Robinhood is the latest digital currency enterprise to announce an IPO (initial public offering). The company is alleging that it will garner as much as $2 billion in new funds from the event it is planning to hold in the next few months, according to a statement filed with the Securities and Exchange Commission (SEC). Robinhood Is Set for Its Public Debut Shares will start out at...

In recent months, large payment companies such as Robinhood and PayPal have begun allowing people to purchase bitcoin and other cryptocurrencies through their sites. While people have likely had fun doing so, they have encountered an issue in that some of these firms do not allow users to move their digital money to other platforms. Revolut, a London-based banking app, initially took this approach as well, but is now looking to change form. Revolut Is Changing How It...

Popular trading app Robinhood has announced it’s looking to add a healthy number of staff members to its cryptocurrency department due to the increasing demand for and interest in digital currencies. Robinhood Will Build on Its Digital Currency Offerings Crypto has no doubt come a long way over the past several months. Bitcoin, for example, was initially trading for less than $4,000 during March of last year. Today, it is worth nearly $60,000. The currency has...

RobinHood: Das US-Start-up ermöglicht mit seiner App den kostenloses Trading und treibt damit die Digitalisierung des Börsenhanels voran. Die Trading-App Robinhood hat ihr Kapital um weitere 320 Millionen US-Dollar vergrössert. Im Rahmen ihrer Series F Finanzierungsrunde konnte das Unternehmen aus den USA bislang insgesamt 600 Millionen sammeln. Post-Money steht Robinhood nun...

Last week major stock and cryptocurrency trading app Robinhood experienced a major outage. On March 9, it went offline again.The Robinhood app went offline again. This comes as the fintech app reportedly ceased to function. Sources say that this is the second time this has occurred. This puts the commission-free trading app in a position where losses are mounting. Already various social media show that some users are migrating to other platforms. Goodbye #RobinHood ✌?...

Robinhood online brokerage app crumbled on March 2 when the Dow Jones gained its most single-day points, leaving investors frustrated unable to take advantage of the market recovery.After the stock markets imploded last week due to the fears of the coronavirus spread, traders were ready on March 2 to cut some of those losses. However, that was not meant to be for all Robinhood investors. Robinhood, the brokerage platform, suffered a prolonged outage and was offline for a whole U.S. trading...

Having moved its operations to Dublin due to Brexit issues, Europe’s popular fintech startup is planning to join Monzo and N26 in the competitive U.S. market. In the U.S., Revolut will specifically target exchange students and business travelers.London-based fintech firm Revolut is now planning to move its operations to Ireland’s capital city Dublin and Lithuania. This decision from the startup comes as the UK moves out of the European Union with Brexit.In the last few years, Revolut has...

The initial public offering (IPO) market for 2020 is widely-anticipated in the finance industry. This is because more than a few companies last year, expressed intentions to go public sometime this year. While last year was a somewhat disappointing year for IPOs, 2020 is expected to be better. Top of the list is the GE Healthcare IPO and that of Airbnb as well.GE Healthcare IPO 2020American multinational healthcare manufacturing conglomerate GE Healthcare will go for an IPO this year. The...