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Fintech Focus For July 9, 2021
Thursday, July 8, 2021 - 6:55pm | 1933Read More...Quote To Start The Day: “Life is a long lesson in humility.” Source: James M. Barrie One Big Thing In Fintech: Derivatives could be the next financial “lego block” to be disrupted by DeFi. To get an idea of how massive the opportunity is, spot trades (stocks, bonds,...
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Barron's Latest Picks And Pans: Amazon, Johnson Controls, Porsche, Walmart And More
Monday, July 5, 2021 - 7:37am | 1059Read More...The cover story in this weekend's Barron's offers investment opportunities as Europe's economy and markets rebound. Other featured articles discuss European airline stocks ready to soar, the worst retail stocks of the first half of 2021 and the passing of the baton at Amazon. Also, see...
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Dogecoin Accounted For 34% Of Robinhood's Crypto Revenue In Q1
Friday, July 2, 2021 - 10:39am | 305Read More...Popular stock trading app Robinhood revealed that its business could be significantly impacted if the price of Dogecoin (CRYPTO: DOGE) declined. What Happened: Robinhood, which plans to go public later this month, said in its IPO prospectus that Dogecoin made up 34% of its...
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Fintech Focus For July 2, 2021
Thursday, July 1, 2021 - 7:42pm | 1995Read More...Quote To Start The Day: “I refuse to accept other people’s ideas of happiness for me. As if there’s a one size fits all standard for happiness.” Source: Kanye West One Big Thing In Fintech: Six fintechs — PayPal, Square, Varo, Affirm, LendingClub and Oportun —...
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5 Key Facts From Robinhood's S1: Citadel Revenue, Customers, Dogecoin And More
Thursday, July 1, 2021 - 3:28pm | 441Read More...Robinhood filed its S1 on Thursday, which breaks down how much revenue it has, how much cryptocurrency it's hodling and how big of an impact market makers play into its financial performance. Financials: Robinhood had revenue of $959 million in fiscal 2020, up 245% year-over-year. Net income...
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Robinhood Could Offer 35% Of IPO Shares To Its Own Customers: WSJ
Thursday, July 1, 2021 - 11:35am | 421Read More...One of the most highly anticipated IPOs of the second half of 2021 will likely be Robinhood, a popular trading app. What Happened: Robinhood has said since March it would allocate a portion of its IPO shares to its customers as it pushes into the IPO allocation market. The company could offer as...
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7 IPOs To Watch In The Second Half Of 2021
Thursday, July 1, 2021 - 11:07am | 1239Read More...The first half of 2021 saw several high-profile companies go public with IPOs. Among the most well-known companies that completed their public offerings in 2021 were Coinbase Global Inc (NASDAQ: COIN), Bumble Inc (NASDAQ: BMBL), Roblox Corp (NYSE: RBLX), Petco Health and Wellness Company Inc (...
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NYCE Breaks Crowdfunding Record, Announces Blockchain IPO With tZero
Wednesday, June 30, 2021 - 2:10pm | 996Read More...NYCE formally announced Wednesday a record-breaking $1.31-million raise, as well as the signing of a deal to go public with blockchain-powered alternative trading system tZero Group Inc (OTC:TZROP), a subsidiary of Medici Ventures, the venture capital arm of Overstock.com Inc (NASDAQ: OSTK). What...
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FINRA Fines Robinhood A Record $70M
Wednesday, June 30, 2021 - 1:54pm | 418Read More...With its IPO just around the corner, trading app Robinhood received a record fine on Wednesday for the mismanagement of its platform during extreme periods of market volatility in March 2020. What Happened? The Financial Industry Regulatory Authority, better known as FINRA, issued a $57...
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Why Rocket Companies Stock Could Be In For A Big Breakout
Sunday, June 27, 2021 - 4:20pm | 659Read More...On Benzinga’s “PreMarket Prep,” co-host Dennis Dick said he increased his long swing position in Rocket Companies Inc (NYSE: RKT). The Detroit-based holding company is popular in Reddit communities and with Robinhood traders likely due to its relatively small float of 126.3...
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Robinhood Delays IPO After SEC Review Of Its Crypto Business: Report
Friday, June 25, 2021 - 8:20am | 428Read More...Popular trading platform Robinhood has delayed its IPO plans, which were originally scheduled for later this month after its prospectus became the subject of regulatory scrutiny. What Happened: According to a report from Bloomberg, sources close to the matter disclosed that the U.S. ...
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Could Robinhood's IPO Access Platform Level the Financial Playing Field For Retail Investors?
Thursday, June 24, 2021 - 4:47pm | 1159Read More...When it comes to the world of finance, retail investors rarely get to experience a level playing field with their institutional counterparts. However, with new inclusive platforms like Robinhood’s IPO Access portal, could we soon see an investment landscape that’s truly fair and...
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Fintech Focus For June 10, 2021
Wednesday, June 9, 2021 - 10:13pm | 1961Read More...Quote To Start The Day: "The healthiest response to life is joy.” Source: Deepak Chopra One Big Thing In Fintech: Atom Finance, a modern financial knowledge platform, announced its first product integration partnership with Inter, a digital platform for banking, shopping, insurance, and...
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Chinese Stock Exchanges Take On Robinhood Offering Crypto Features To US Clients
Tuesday, June 1, 2021 - 9:34am | 416Read More...Chinese stock exchanges Futu and Tiger Brokers are taking on the US trading platform Robinhood by offering a selection of cryptocurrencies to American traders. What Happened: According to CNBC, the exchanges disclosed they were applying for the licenses necessary to...
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Fintech Focus For May 26, 2021
Tuesday, May 25, 2021 - 8:32pm | 1722Read More...Quote To Start The Day: “Some are born great, some achieve greatness, and some have greatness thrust upon them.” Source: William Shakespeare One Big Thing In Fintech: Just as broadband is now considered core to America’s national infrastructure, the cloud will play an important...
