The new round puts a valuation on the company of $5.6 billion; they are now the second most valuable private...
The Wall Street Journal reports a new fundraising round led by DST Global will value the company at more than $5bn; the last valuation was about $1.3bn in 2017; popularity in the app has since jumped when it expanded to include cryptocurrencies bitcoin, ethereum and litecoin; since launching they have reached more than 4 million users and the new valuation will put them in the top 15 of highest valued private tech companies in the U.S. Source.
Yesterday it was widely reported that Robinhood was having an outage as the market rebounded; today the company reported continued...
Many were looking forward to Robinhood launching into the UK market as they would compete with companies like Freetrade and...
Last quarter, fintech funding rose to $30 billion, the highest on record. $14 billion of SPAC capital is waiting to take these companies public. Robinhood and Circle are about to float on the public markets, via SPAC and IPO. In this analysis, we explore the fundamentals of both companies, as well as the unifying thesis that explains their growth.
Kaspersky Lab Sees Spike In Mobile Banking Cyberattacks Zero raises $20 million from NEA and others for a credit card...
Gensler said his biggest worry about the equity market was competition and consolidation. While retail investing has taken off, the PFOF that enables it is ripe for conflict of interest.
Ally Financial Teams Up With Better.com to Create End-to-End Digital Mortgage Experience Bankin’ Raises €20M in Series B Funding As...
In this conversation, we chat with Paul Rowady is the Founder and Director of Research for Alphacution Research Conservatory and a 30-year veteran of proprietary, hedge fund and capital markets research, trading and risk advisory initiatives. Alphacution is a digitally-oriented research and strategic advisory platform focused on modeling and benchmarking the impacts of technology on global financial markets and the businesses of trading, asset management and banking. This data-driven approach allows Alphacution to reverse-engineer the operational dynamics of these market actors to showcase the most vivid and impactful themes among the field of available research providers and platforms.
In this conversation, we talk with Paul Rowady, who is the Director of Research for Alphacution Research Conservatory. Paul has a deep background in capital markets, derivatives, and the macro structure of the industry. He has been uncovering the transformation of that structure with data driven analyses, making visible the economics of market makers like Citadel and retail order flow aggregators like Robinhood. This is a rich discussion of what trading stocks is really like. And make sure to check out Alphacution.