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Robinhood Ventures Fund II opens startup investing to retail
Proactive1d agoneutral
Robinhood Ventures Fund II opens startup investing to retail

Robinhood Markets Inc (NASDAQ:HOOD) has raised $225.5 million for a new publicly traded fund that gives everyday investors exposure to private startups. The trading and investment company priced the initial public offering of Robinhood Ventures Fund II at $25 per share on the New York Stock...

Do AI agents create disintermediation risk for banks?
American Banker1d agoneutral
Do AI agents create disintermediation risk for banks?

As AI agents promise a future where payments self-execute and investment portfolios rebalance without human intervention, some fear that retail banking is the next logical evolution for agent-led automation. Financial institutions may not be doing enough to stop it.

Want to invest in YC startups? Robinhood has a new fund for that
CoinDesk2d agoneutralVIDEO
Want to invest in YC startups? Robinhood has a new fund for that

Robinhood CFO and Robinhood Ventures President Shiv Verma joins CoinDesk’s Jennifer Sanasie from the floor of the New York Stock Exchange on the day Robinhood Ventures Fund II began trading. Verma breaks down how the fund gives everyday investors access to early-stage Y Combinator companies at the ground floor.

Robinhood's second venture fund debuts, drawing retail money into private markets
Reuters2d agoneutral
Robinhood's second venture fund debuts, drawing retail money into private markets

Robinhood's second venture fund debuted on Thursday, giving retail investors access to early-stage startups that have traditionally been ‌out of reach for all but venture capital firms and wealthy ‌investors. The fintech company raised $225.5 million in the initial public offering of Robinhood Ventures Fund II, which will ​invest in early- and growth-stage private companies. Robinhood shot to prominence in 2021 by democratizing investing for mom-and-pop investors with commission-free trading.

Robinhood Co-founder's plans to take over space
Yahoo Finance Video2d agoneutralVIDEO
Robinhood Co-founder's plans to take over space

Robinhood co-founder Baiju Bhatt explains to Yahoo Finance Executive Editor Brian Sozzi his $275 million plan for Cowboy Space Corporation to build its own rockets and launch AI-powering data centers into space by 2028.

Robinhood Sees More Flows Into Bitcoin ETFs
Bloomberg4d agoneutralVIDEO
Robinhood Sees More Flows Into Bitcoin ETFs

Robinhood Senior Vice President and General Manager of Crypto Johann Kerbrat talks about investor sentiment around crypto, a hack of Coldcard wallets and how the business is expanding in the United Kingdom. He speaks on "Bloomberg Crypto."

Robinhood (HOOD)’s Growth Story: Can Diversification Offset Market Volatility?
Insider Monkey4d agoneutral
Robinhood (HOOD)’s Growth Story: Can Diversification Offset Market Volatility?

Robinhood Markets, Inc. (NASDAQ:HOOD)’s push to become a diversified financial-services platform received a boost after the company delivered second-quarter results that affirmed underlying growth. Continued momentum across the product lineup and resilience in a volatile market reinforced the growth trajectory. Robinhood Financial Services Evolution The impressive results come as the company increasingly reduces reliance on […]

Jim Cramer Weighs In on SoFi’s (SOFI) $16–$19 Range
Insider Monkey4d agoneutral
Jim Cramer Weighs In on SoFi’s (SOFI) $16–$19 Range

During CNBC’s Mad Money episode on August 5, a caller questioned the near-term trajectory of SoFi Technologies, Inc. (NASDAQ:SOFI), pointing out that the stock has remained stuck in a tight trading band between $16 and $19 over the past six months. The long-term shareholder asked whether host Jim Cramer maintains a positive outlook on the […]