FinTech Magazine Top100 Companies 2023 | Page 39

TOP 100 COMPANIES

41

KuCoin

Founded in 2017
CEO: Johnny Lyu
htps kucoin www:/ com. /. htps company www:/ linkedin. kucoin /

42

Robinhood

Founded in 2013
CEO: Vladimir Tenev
robinhod htps:/ com. / htps company www:/ linkedin. robinhod /
Robinhood is an investing platform that aims to bring to the masses participation in the stock market – once the preserve of the wealthy, who could rely on investment managers and brokers. The company is aptly named after the figure from English folklore who took from the rich to give to the poor.“ We’ re levelling the playing field by making trading more intuitive, affordable and inclusive,” the firm says. Since being founded in 2013, the company has forged a name for itself as one of the most significant players in the retail investment space – but it courted controversy in 2021 when it temporarily halted trading of shares in US game retailer Gamestop after social media users caused a rush on an otherwise untrendy and oft-shorted stock.
Launched in 2017, KuCoin is an international cryptocurrency exchange with headquarters in Seychelles. The platform offers over 700 digital assets to buy, trade and sell. Users can engage in futures trading, spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending – and there are 27 million of them on the platform. In 2022, KuCoin raised over US $ 150m through a pre-Series B funding round, meaning the company has raised over US $ 170m to date at a valuation of US $ 10bn – not bad for a company that will only turn seven years old in September. The runaway success enjoyed by KuCoin is also a testament to its resilient growth in spite of general volatility in the crypto market that has seen other players struggle.
Crypto and Blockchain
Seychelles
Wealth and Investing
United States
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