FinTech Magazine April 2024 | Page 41

ROBINHOOD

06 VLAD TENEV

ROBINHOOD

REVENUE : US $ 200M ( FY 2023 ) EMPLOYEES : 2,300 EST . CEO : VLAD TENEV FOUNDED : 2013
US finserv company Robinhood is one of the largest financial trading services on the market today . Its digital trading platform enables users with commission-free stock trades , exchange-traded funds ( ETFs ) and cryptocurrencies . The company is set for a massive 2024 after launching crypto trading in the EU last year , with plans to extend its full-service offering in the UK very soon , offering free trading on 6,000 US stocks . This comes as part of Robinhood ’ s global expansion plans . The trading platform has already scaled its offering in recent times , introducing extended trading hours , a stock lending platform and automated recurring investments .
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