"Only now, using our mobile application and website, we are able to engage with everyone, regardless of their wealth, income or background, whenever and wherever they want."
Read our letter to the SEC➡️:
We recently experienced a data security incident in which an unauthorized third party obtained access to a limited amount of personal information for a portion of our customers. Based on our investigation, the attack has been contained. More here:
“The researchers found that the price improvement for retail investors using Robinhood was better than the price improvement that institutional investors receive when they trade small lots on public exchanges.”
"I think some of the criticisms of payment for order flow, frankly, don't make sense to me," says
@VladTenev
.
"Robinhood forced commissions to zero and the payment for order flow model has become the standard in that space."
#Disruptor50
We’re excited to announce that we’ve signed an agreement to acquire Ziglu, pending regulatory approval and other customary closing conditions.
Read more about it on our blog:
Introducing Stock Lending. We’re empowering customers to potentially earn extra income on the stocks they already own, without account minimums in the hundreds of thousands of dollars. It’s fully paid securities lending, the Robinhood way.
Our routing system is designed to prioritize sending a customer's order to the market maker that is likely to give them the most price improvement, based on historical performance. Today, even Public noted that Robinhood customers get higher average net price improvement:
Everyone - regardless of background - should have the same opportunities to participate in the markets. Today, we're thrilled to announce our partnership with
@MemFoundation
to expand youth leadership and financial empowerment. More on our blog:
Our COO, Gretchen Howard, was interviewed for
@firstround
's new podcast. Listen to this conversation about Gretchen's executive hiring philosophy and the three must-have traits that she looks for in executive hires.
Just as it takes a community of crypto believers to democratize finance, it takes a community of crypto companies to preserve customer privacy while complying with the Travel Rule. We’re honored to join the industry as participants in TRUST.
We’re excited to partner with
@WestVirginiaU
to launch the first of its kind D1 financial education program! This 4-year-partnership will make financial education coursework available for every student athlete:
The SEC has proposed rules that would turn back the clock, fundamentally and negatively changing the way retail investors’ stock trades are executed - without the data and analysis to justify doing so.
Introducing the Cash Card, a new debit card and spending account by Robinhood Money that helps people start building investing habits—and get rewarded—by spending on the things they need and love.
“The story of money is the story of culture…”
Introducing Sherwood Media, LLC - a new home for news and information about the markets, economics, business, technology, and the culture of money.”
Robinhood Money Drills initiative is partnering with
@uofmemphis
!
Starting summer 2023 we’re making financial education available for Memphis student-athletes through personal finance classes, financial education guest lectures, and more.
Learn more:
We think what people care about is getting to invest commission-free at a great price, and that routing orders to market makers gives our customers the best prices reasonably available—without paying tips that drive up costs.
@barronsonline
Now, a note from compliance: Not a recommendation of any security or investment strategy. All investments involve risk and loss of principal is possible.Robinhood Financial LLC (member SIPC), is a registered broker dealer.
We're committed to making sure everyone - regardless of background - has access to a more equitable financial system. We’re excited to partner with
@AmplifyLatinx
to support their critical economic empowerment work in the Latinx community.
Read more:
At Robinhood we're working hard to break down the barriers that drive inequality in our financial system. We're thrilled to partner with
@BlkEconAlliance
foundation to take an evidence-based approach to economic empowerment.
Read more on our blog:
Technology has been the greatest equalizer we’ve seen, helping increase market participation to levels like never before.
@Robinhoodapp
we pair access with education to make sure our customers are equipped with the information they need to make the best choices for themselves.
It's official! On July 3, 2023, Robinhood Markets, Inc. closed its acquisition of X1 Inc. We look forward to innovating together for our customers.
More info:
Announcement incoming 🚨 We’re acquiring
@x1creditcard
, a platform that offers a no fee, stainless steel credit card with rewards on every purchase, and an intuitive mobile app experience. This is an important step toward serving all of our customers' financial needs. More info:…
We’re excited to become a mainstay of D.C. sports and to unite with a team dedicated to representing the vibrant and diverse District it plays for. Go Wizards!
Introducing Robinhood’s latest program, Opportunity Crypto, which will work to democratize finance for all by presenting workshops that offer a holistic educational intro to crypto. Learn more about Opportunity Crypto and the first five cities we'll visit:
We believe that saving for retirement should be easy and accessible to all, and not dependent on where or how you work. Welcome to
#RobinhoodRetirement
Read more:
Of course we think it is an attractive investment too. We have the best customer base, are introducing great new products, and we have the team to deliver.
At Robinhood, there are no wealth or income barriers to opening a brokerage account. The cost of trading has never been lower, competition is thriving and investors are younger & more diverse. The agency shouldn’t be experimenting with financial futures of millions of Americans.
Introducing our new VP and President of Robinhood Financial LLC and Robinhood Securities, LLC, Matt Billings. He will focus on furthering our commitment to putting safety and efficiency at the forefront of our products and services, giving more customers the opportunity to grow…
We’re proud to announce that Robinhood Money Drills is partnering with
@DukeEcon
! Together, we’re making financial education available for every
@DukeU
student starting summer 2023, and we plan to bring our program to more colleges soon.
Learn more:
Robinhood’s model of commission-free, no account minimums investing has saved investors billions. And our modern and intuitive mobile-first platform has also helped usher in a new era of retail investor participation, notably by younger and more diverse customers.
“The story of money is the story of culture…”
Introducing Sherwood Media, LLC - a new home for news and information about the markets, economics, business, technology, and the culture of money.”
Congratulations to
@RobinhoodApp
for winning Best Stock Broker for Options Trading, Best Stock Broker for Optional Shares, Best Investing App Overall, and Best Investing App for Beginners!
This month, Robinhood hosted a panel of leaders from
@OperationHOPE
and
@wef
to talk about empowering retail investors through access, education, and trust. The discussion was was moderated by Mary Elizabeth Taylor, VP of External Affairs at Robinhood Markets who said:
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Robinhood’s Money Drills program is coming to
@FloridaState
,
@CCUChanticleers
and
@UCBerkeley
!
We’re helping to provide financial education, including courses and speaker series, for students and student athletes.
Our financial education program, Robinhood Money Drills, is coming to
@TCU
in the
@NeeleySchoolTCU
! By providing resources and support to TCU and other universities, Money Drills empowers students to develop skills to manage their financial futures through increased access to…
We look forward to reviewing the Commission’s eventual rule proposal and engaging with the SEC during a meaningful notice and comment rulemaking process.
Robinhood Markets launched its Money Drills initiative to provide students access to financial literacy resources for a bright financial future. As of today, our newest partner is
@KState
!
Learn more:
If you’d like to join us in our advocacy efforts and learn more about how these proposals stand to negatively affect the retail investing experience, visit the engage tab over at
Our recent Financial Wellness study found that 84% of Americans are stressed about money, but over half are still spending on what makes them happy. Read more 👇
A new survey out today from Robinhood:
@WellatFortune
Financial stress is experienced by the vast majority of Americans. Still, spending on 'happiness' is common and isn't something experts say to eliminate altogether.
Our Policy Page website seeks to inspire thoughtful conversations around building a better financial future for everyone. The positions listed are rooted in our mission to democratize finance for all.
Check out its new look, and newly added resources:
Robinhood is teaming up with
@LadderOrg
to provide financial education to the next generation of creative leaders through resources like how to manage money, maximize wealth building tools, prepare for retirement and more. Learn more:
We’re proud to announce our year-long partnership with
@RobinhoodApp
to help the next generation of creative leaders 🎉
@RobinhoodApp
will serve as an Innovating Sponsor & provide financial education tools tailored to the specific challenges & needs of our industry.
“Creating products, creating experiences, and understanding where those products really come to life for customers, that’s what I think about.” -
@RobinhoodApp
Chief Creative Officer & Co-Founder, Baiju Bhatt
Robinhood Investor Index tracks the performance of the top 100 most owned investments on Robinhood. We update it every month to share how our customers are investing.
See our latest Robinhood Investor Index 👉
(2/5)
Hear our Head of Investment Strategy, Steph Guild, talk about the big changes happening in financial markets and how people are approaching them in the digital world on
@wef
’s podcast:
New to investing: We’re proud that research suggests
@RobinhoodApp
has more than twice the percentage of Hispanic customers than traditional brokerages.
Ahead of Women’s History Month beginning on March 1st,
@usblackchambers
has honored 50 for their dedication to making a difference in their communities and in the world. Robinhood’s VP of External Affairs, Mary Elizabeth Taylor, was selected as an honoree!
Today, we announce our 2023 Women of Power “Power 50” list of illustrious women who embody the spirit of the organization—unwavering dedication to making a difference in their communities and in the world at large.
Read more:
We’re deepening our partnership with
@OperationHOPE
through the 1865 Project, a new initiative that supports their mission to expand economic opportunity in underserved communities through financial education and empowerment. Our support will help to further grow and scale their…
Mobile-first and goal-driven: Like the total population, (95%) of Latinx retail investors have specific financial goals for the money they invest including big, long-term goals like saving for retirement.
Securities are offered through an account with Robinhood Financial. Cryptocurrency services are offered through an account with Robinhood Crypto. Other fees may apply.
ICYMI: Robinhood is proud to announce that members of our Legal, Compliance and Corporate Affairs Team have been selected to join
@Law360
’s 2024 Editorial Advisory Board. Learn more:
Update: Today we experienced an issue that affected the display of your portfolio balance and for a short time, crypto functionality. The issue has been resolved.
The World Economic Forum is not affiliated with Robinhood Markets or any of its subsidiaries. Investments and strategies mentioned are for illustrative purposes and not a recommendation.
@johnhopebryant
@OperationHOPE
Check out
@wef
's August 2022 insight report and learn more about Robinhood’s take from our Head of Investment Strategy, Stephanie Guild:
(5/5)
“Robinhood was the first organization to sign our Investors’ Bill of Rights. Their commitment to improvement is an investment in a more equitable financial system that ultimately empowers everyday people.” -
@johnhopebryant
Founder and CEO of
@OperationHOPE
(4/5)
Update: Today we experienced an issue that affected the display of your portfolio balance and for a short time, crypto functionality. The issue has been resolved.
“The more retail customers engage with investing through trustworthy, accessible platforms that offer relevant education, the better equipped they are to build for their financial futures.”
(2/5)
Through our Money Drills program, we support fundamental financial education to help prepare students early on for a sound financial future.
Learn more about Money Drills at
During
#FinancialLiteracyMonth
, I want to give a big shoutout to my alma mater
@FloridaState
&
@RobinhoodApp
for partnering to educate student athletes on financial & economic topics through Robinhood’s Money Drills program.
With NIL, student athletes need personal finance…
We also celebrated the first anniversary of
@OperationHOPE
's Investors’ Bill of Rights, which ensures retail investors have access to high-quality education, to help reduce future inequality and allow greater participation in the free enterprise system.
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