FinTech Magazine February 2019 | Page 77

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05 Robinhood

Headquartered in Menlo Park , California , Robinhood Markets Inc was co-founded by Vladimir Tenev and Baiju Bhatt in 2013 . The company ’ s app allows users to easily buy , sell and trade stocks in publicly traded companies and exchange-traded funds on US stock exchanges without paying commission . Zero- commission trading , twinned with the accessibility of its platform interface , has seen the company grow to serve over 2mn users . Robinhood attained unicorn status in April , 2017 and is currently valued at $ 5.6bn . https :// robinhood . com
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