2019-10-1 18:13 |
Long ago, anyone who wanted to invest in the stock market had to use a broker, or pay steep charges every time they made a trade. Then, a few years ago, Robinhood burst on the scene. This revolutionary fintech app, which launched in 2013, allows people to buy stocks and shares commission-free.
It was a concept that quickly took off with the general public, who were virtually excluded from the financial markets. After less than a year, Robinhood had almost 500,000 users. By 2017, it had executed over $30 billion in trades. Evidently, there was an appetite for products that…
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