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Robinhood CEO Vlad Tenev: We want to build a world for customers where all of their assets are custodied at Robinhood.
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Rich Paul, the Founder and CEO of KLUTCH Sports Group, was named a strategic brand advisor at Robinhood.
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For the full year 2023 Revenues at Robinhood came in at $1.87 billion, up 37% year-over-year.
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In 2024, Robinhood Canada plans to focus significantly on hiring efforts to expand its footprint in Toronto.
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Robinhood will grant access to its app on a rolling basis over the following weeks in the UK, reaching full availability in early 2024.
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Robinhood plans to launch UK Brokerage operations and EU Crypto trading in the coming weeks.
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Robinhood revenues increased 10% sequentially to $486 million, primarily due to seasonally higher proxy revenue and higher net interest.
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Jordan Sinclair spent the past two years as Managing Director – Europe for UK based neobroker Freetrade.
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Robinhood had planned to expand to the UK in 2019, but cancelled in mid 2020 at the outset of the COVID-19 pandemic.
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As part of the restructuring, Aparna Chennapragada, Robinhood’s Chief Product Officer, will be leaving the company.
