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View ArticleRobinhood lays off 23% of staff, CEO Vlad Tenev says, ‘This is on me’
It’s been a volatile year for retail investment behemoth Robinhood. The fintech company is slashing 23% of its workforce, as first reported by the Wall Street Journal and confirmed by TechCrunch. The...
View ArticleRobinhood’s hangover, YC’s reduction and Uber’s return to form
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann got together with Maggie this week...
View ArticleA troubling startup layoff trend has emerged
We don’t need to tell you about the layoffs that are defining the tech landscape right now, concentrated particularly in late-stage companies that are struggling to raise extension rounds and grow into...
View ArticleBolt Mobility bolted (and left cities with a mess) and other TC news
This week on The TechCrunch Podcast we’re talking to Natasha Mascarenhas about YC’s decision to shrink their startup cohort and the recent layoffs at On Deck. Then we’re joined by Rebecca Bellan to...
View ArticleStack banks $2.7M to teach teens, parents about crypto
For the price of a cup of coffee, your teen can learn how to invest in cryptocurrency. Today, Stack released what CEO Will Rush says is “the first crypto education and trading app for teens and their...
View ArticleA quick checkup on consumer fintech activity ahead of Q3 data
Heading into the final days of the third quarter, I am looking forward to more than just a new sheaf of data concerning venture capital flows around the world. When September wraps, we’ll start a...
View ArticleRobinhood debuts new non-custodial crypto wallet with Polygon to 10K beta users
Robinhood is finally rolling out a beta version of its non-custodial crypto wallet to 10,000 customers on its waitlist after announcing the product in May, its CTO and general manager of crypto, Johann...
View ArticleWhy Robinhood and Coinbase gained ground after reporting earnings
You’d be forgiven for expecting public fintech companies that facilitate consumer trading to be under pressure this week. And yet, after reporting earnings, the share prices of two pandemic-era...
View ArticleRobinhood banks on retirement to slow user attrition
Retail trading app Robinhood is entering the retirement game. The Menlo Park, California-based company today launched a waitlist for its new offering, Robinhood Retirement, which it describes as the...
View Article3 questions for Coinbase as we count down to its Q4 earnings
Later today Coinbase, the American crypto giant will report its fourth-quarter and full-year 2022 results. Given continued turbulence in the cryptocurrency market, and a rough doubling in the value of...
View ArticleRobinhood’s wallet app is now available to all iOS users
Robinhood announced Wednesday that its self-custodial crypto wallet app is now available for all users on iOS. The wallet debuted last September in beta with 10,000 users and no network charges for...
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European stock-trading app Lightyear arrives on the web
U.K.-based stock-trading startup Lightyear is finally expanding to the web, nearly two years after the company first emerged out of stealth. Founded out of London in 2020, Lightyear is one of a number...
View ArticleMastercard, PayPal and Robinhood dive deeper into crypto as industry shows...
As the crypto market works its way through a downturn, more incoming money and users could help it weather the storm. But right now, it’s sometimes challenging for the layperson to get into crypto....
View ArticleRobinhood acquires credit card startup X1 for $95M
Robinhood announced on Thursday that it was acquiring X1, a no-fee credit card startup, for $95 million in cash. X1, which offers an income-based credit card with rewards, raised a total of $62 million...
View ArticleDropbox hearts AI, the creator-platform wars and why we’re bullish on fake booze
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Mary Ann and Alex are back, and once again they tapped the...
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Did this one feature entice Robinhood to acquire X1?
Welcome back to The Interchange! If you want this in your inbox, sign up here. We’re back after a brief hiatus, with lots of fintech news, including Robinhood’s latest acquisition, Plaid’s newest...
View ArticleAs Robinhood eyes global expansion, CEO says: ‘We’ve made a lot of progress’
Ten years ago, Robinhood was founded to “democratize” stock trading, or more simply, to make it more accessible for anyone to trade stocks. Over time, the now publicly traded company has broadened its...
View ArticleRobinhood brings its stock-trading platform to the UK, its first...
We knew it was coming, but stock-trading platform Robinhood is finally open for business in the U.K. — its first international market since debuting in the U.S. more than a decade ago. Robinhood is...
View ArticleFollowing UK expansion, Robinhood brings crypto trading to EU
Robinhood’s long-awaited international expansion is at full throttle. The consumer trading and investment app tailored to the younger generations is launching its crypto app to all eligible users in...
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