Difference between revisions of "Robinhood"
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===History=== | ===History=== | ||
| − | Vladimir Tenev and Baiju Bhatt founded Robinhood in April 2013. The company's name is a reference to the story of [https://en.wikipedia.org/wiki/Robin_Hood Robinhood] | + | Vladimir Tenev and Baiju Bhatt founded Robinhood in April 2013. The company's name is a reference to the story of [https://en.wikipedia.org/wiki/Robin_Hood Robinhood], which is also referenced with their mission statement "to provide everyone with access to the financial markets, not just the wealthy". Robinhood is known for being the first trading app to offer commission-free trades and having a user-friendly website and mobile app. |
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| + | 2017: A number of venture capital firms including DST Global, Greenoaks Capital, and Thrive Capital funded $110 million to Robinhood bringing the company to a $1.3 billion valuation by the end of the year. | ||
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| + | 2018: | ||
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| + | As of 2020, Robinhood had 13 million users of its platform. | ||
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===Features=== | ===Features=== | ||
Revision as of 23:06, 23 April 2021
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Robinhood is a financial services company launched on April 18, 2013 by founders Vladimir Tenev and Baiju Bhatt. Headquartered in Menlo Park, California they are known for their mobile app "Robinhood" where users are allowed to trade commission-free stocks and exchange-traded funds.
Contents
History
Vladimir Tenev and Baiju Bhatt founded Robinhood in April 2013. The company's name is a reference to the story of Robinhood, which is also referenced with their mission statement "to provide everyone with access to the financial markets, not just the wealthy". Robinhood is known for being the first trading app to offer commission-free trades and having a user-friendly website and mobile app.
2017: A number of venture capital firms including DST Global, Greenoaks Capital, and Thrive Capital funded $110 million to Robinhood bringing the company to a $1.3 billion valuation by the end of the year.
2018:
As of 2020, Robinhood had 13 million users of its platform.
