101.36000 EUR
4.1
3.89%
Last update Dec 12, 5:28 PM CET
Market closed
Day range
100.94000
107.86000
Previous close
105.46000
Open
106.24000
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Robinhood Markets Inc.
101.36
4.10
3.89%

Overview

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Description

Robinhood Markets Inc. is a financial services company renowned for its zero-commission trading platform, primarily targeting retail investors. Its primary function is to democratize finance, allowing individuals to trade stocks, ETFs, and cryptocurrencies easily through user-friendly mobile and web applications. A notable feature of Robinhood is its commitment to providing equal access to financial markets, eliminating traditional barriers such as high fees and complex interfaces often associated with investing. Operating in the fintech sector, the company has significantly impacted the brokerage industry by encouraging other platforms to lower their fees and adopt similar technology-driven approaches. Marketed towards younger, tech-savvy individuals, Robinhood's innovative approach has broadened market participation among millennials and Gen Z, fostering financial literacy and engagement. Established in 2013 and headquartered in Menlo Park, California, Robinhood Markets Inc. has catalyzed a shift towards digital-first, accessible investing solutions, influencing how traditional financial institutions structure their services.

About

CEO
Mr. Vladimir Tenev
Employees
2300
Address
85 Willow Road
Menlo Park, 94025, CA
United States
Phone
844 428 5411
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Capital Markets
Country
Italy
MIC code
XMIL
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