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Tag Archives: square

Robinhood Introduces Fractional Stock Trading to Wide Audience

The most lucrative stocks in the market today seem to lock out the less-wealthy investors. For instance, one share of Amazon stock costs over $1,700 and that of Google is over $1,300. However, a solution came up in the form of fractional stock-trading.To continue its quest to democratize the world of stock trading, Robinhood has announced that it is launching fractional share trading this week. If anyone has $1 to spare, they have no excuse for not investing.The new strategy enables users to...

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Bank of America Shuts Down PayPal ex-Executive’s Account

An ex Paypal official complained that Bank of America has notified him of shutting down his account soon without any explanation given. Actually, the bank did say it “carefully reviewed his banking relationship”, whatever that supposed to mean. Former Paypal’s CFO Roleof Botha said he was utterly surprised when he saw the notification about closing down his account. And, not just that, Bank of America was so kind so it gave Botha 30 days to “take his money and run”.After being a customer of...

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Jack Dorsey Invests $10M in the Startup ICO Platform CoinList

Token offering platform CoinList raised $10 million with a little help from Twitter and Square CEO Jack Dorsey. CoinList was founded back in 2017 as a spin-off of AngelList, and it acts as an ICO exchange platform that at first received support from investment company Polychain Capital, and upraised more than $9 million in its virgin funding tour. Since then, the company is directing regulatory rules concerning initial coin offerings (ICOs), a popular capital acquisition vehicle for emerging...

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Square Unveils Free Cash App Investment for as Low as $1

Financial services and mobile payment company Square has just announced a new investment feature that allows users to make even the smallest investments through its Cash App. According to the San Francisco-based company, people will now be able to invest in the stock market, taking part in full shares trading for as little as $1.Via the Cash App Investing, users will have easy access to fractional investing and buy whatever fraction of any supported shares that $1 dollar (or any desired...

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Winklevoss-Backed Flexa Will Participate in Demo Store at the U.S. Largest Mall

Cryptocurrency startup Flexa is part of a project that will allow for technological innovations in retailing. With a pilot project at Mall of America Minnesota Minneapolis, which is the largest mall in the United States at the moment, the demo store is to serve as a proof-of-concept that new technologies are possible in the real world.Flexa is participating in the project but serving in a technical advisory role will be on display with other non-cryptocurrency-based technologies. The store...

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Square Testing a New Free Stock-Trading Service

Internet entrepreneur who is also the co-founder and CEO of Twitter, and the founder and CEO of Square, a mobile payments company Jack Dorsey decided to have his company’s Square Inc. trade Bitcoin on their popular Cash App. Soon, they could include the possibility to buy and sell stocks as well.According to the company, they are now testing out their Cash App feature which point is to license users to make their free stock trades. And while the exact date of its launch is still not have been...

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