2020 Review: Top five outages, data breaches & cyber-attacks this quarter
Reflecting on some of the most topical outages & cyber-security attacks this past quarter.
Robinhood
Will regulators make an example of trading unicorn Robinhood?
“We don’t think they were set up to do it properly,” says class action lawyer.
Robinhood outage locks users out of recovering US market
Many users are now trying to seek class action against the app.
The rise of investment apps
There’s an appetite to save and invest despite low interest rates across Europe, Australia and the US.
Robinhood does fractional shares, users can invest just 1 cent
An Amazon stock, which would cost $1,700, suddenly becomes as cheap as $1.
US fintech Robinhood pulls OCC banking application
The start-up is calling the withdrawal “voluntary”.
Australian share trading start-up to launch in UK
Stake has been granted a licence by the FCA.
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Robinhood gets greenlight from FCA to launch trading app in UK
The 2013-founded Silicon Valley start-up offers a cheaper way to buy and sell US stocks and shares.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
FIS, Fiserv and Infosys compete for Robinhood’s core banking tech deal
FIS, Fiserv or Infosys will be providing core processing software to Robinhood Bank once it receives authorisation.
Robinhood steps back from checking and savings launch
Firm says there was “confusion” and now offers cash management instead.
Robinhood tucks into Galileo for US checking and savings launch
Payments processor powers trading app’s banking move.
Trading app Robinhood feeling merry with $363m funding
Series D round puts its valuation at $5.6 billion.
