Robinhood files confidentially to go public
Today Bloomberg reported, and Axios confirmed that Robinhood has filed privately to go public. The well-financed Robinhood is an American fintech company that provides zero-cost trading services to...
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Will fading YOLO sentiment impact Robinhood, Coinbase and other trading...
What happens to hot fintech startups that have benefited from a rise in consumer trading activity if regular folks lose interest in financial wagers? That’s the question facing Robinhood, Coinbase and...
View ArticleYou can only invest if you promise not to read the fine print, OK?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the...
View ArticleEquity Monday: Deliveroo, ServiceTitan and Robinhood for everywhere
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest...
View ArticleNigeria’s SEC warns investment platforms to stop trading ‘unregistered’...
In a circular released by Nigeria’s capital market regulator SEC today, investment platforms providing access to foreign securities might be treading on dangerous grounds. According to the SEC...
View ArticleCrypto trading on Robinhood spiked to 9.5M customers in first quarter
It’s been a big year for crypto, and Robinhood shared some stats today providing more evidence that the crypto boom is more than just hype — at least for now. In a blog, Christine Brown, Robinhood’s...
View ArticleInjective Protocol raises $10M from Pantera Capital, Mark Cuban for its ‘DeFi...
Back in December last year Injective Protocol launched the testnet for its DeFi protocols for cross-chain derivatives trading, with backing from giant crypto exchange Binance. It has now raised $10...
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Optimism reigns at consumer trading services as fintech VC spikes and...
With the Coinbase direct listing behind us and the Robinhood IPO ahead, it’s a heady time for consumer-focused trading apps. Mix in the impending SPAC-led debut of eToro, general bullishness in the...
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Robinhood’s epic Q1 growth explains its fundraising boom
An initial analysis of Robinhood’s Q1 2021 payment for order flow (PFOF) revenues sourced from company filings shows that the free-trading unicorn had a strong start to the year. Given the raucous...
View ArticleFlywire’s flotation suggests the IPO slowdown is behind us
Boston-based payment processor Flywire announced its IPO pricing last night. The company sold 10.44 million shares at $24 per share, the upper limit of its $22 to $24 per share price range. At that...
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Acorns’ SPAC listing depicts a consumer fintech business with a SaaSy revenue...
Another day, another unicorn public offering. Today it’s Acorns, a consumer fintech service that blends saving and investing into a freemium product. It’s a company that TechCrunch has covered...
View ArticleRobinhood files to go public after squeaking to profitability in 2020
This afternoon Robinhood, the popular investing app for consumers filed to go public. The company intends to list on the NASDAQ under the symbol “HOOD.” That Robinhood released an S-1 filing today is...
View ArticleRobinhood is going public and we’re very excited
It’s a sweltering day here in New York City, and that means Wall Street is on fire, and so is Robinhood, apparently. The popular stock trading app officially filed its Form S-1 with the SEC a few...
View ArticleHow Robinhood’s explosive growth rate came to be
This afternoon Robinhood filed to go public. TechCrunch’s first look at its results can be found here. Now that we’ve done a first dig, we can take the time to dive into the company’s filing more...
View ArticleCalifornia has no water and lots of liquidity
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Danny, Natasha, and Alex were on deck this week, with Grace on the...
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Extra Crunch roundup: CEO Twitter etiquette, lifting click-through rates,...
Yesterday, China ordered ride-hailing company Didi to stop signing up new customers after regulators announced a cybersecurity review of the company’s operations. As of this writing, Didi’s stock price...
View ArticleEquity Monday: Zoom buys Five9 as Robinhood sets IPO price range
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest...
View ArticleRobinhood targets IPO valuation up to $35B amid warning that crypto incomes...
Robinhood released an S-1/A filing detailing its first IPO price range this morning. The company first filed to go public in early July after raising billions earlier in the year. The well-known U.S....
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What Robinhood’s warnings about crypto trading say about Coinbase’s near-term...
Is the trading boom of 2020 and 2021 slowing? That’s a question The Exchange has had on its mind since Robinhood released its latest IPO filing. The popular U.S. consumer-focused investing app told...
View ArticleLucid Motors’ SPAC merger approved after executives issue plea to...
Shareholders approved Friday EV startup Lucid Motors’ merger with special purpose acquisition company Churchill Capital IV, after the companies extended the deadline by one day because not enough...
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