TOP 10 – FINTECH UNICORNS
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ROBINHOOD
Founded: 2013 Headquarters: California, USA CEO: Vladimir Tenev
Robinhood operates a commissionfree trading platform through its mobile application. The company removed minimum account balances and traditional fee structures from retail investing. Its platform provides access to stock, ETF, options and cryptocurrency trading, with educational resources for users. Robinhood’ s customer base includes younger investors entering financial markets for the first time. The firm has faced regulatory scrutiny whilst maintaining its user network. The platform’ s structure differs from brokerages that charge commissions or require minimum deposits to open accounts.
CREDIT: ROBINHOOD
Vladimir Tenev, CEO, Robinhood fintechmagazine. com 53