Robinhood Markets

| Type | Public |

Traded asNasdaq: HOOD (Class A)
FoundedApril 18, 2013;
FoundersVladimir Tenev, Baiju Bhatt
HeadquartersMenlo Park, California, U.S.
ServicesStockbroker, Electronic trading platform
SubsidiariesRobinhood Financial, LLC. – Robinhood Crypto, LLC. – Robinhood Securities, LLC.
Websitehttps://www.robinhood.com
  • Robinhood Markets, Inc. is known for pioneering commission-free trades of stocks, exchange-traded funds and cryptocurrencies via a mobile app introduced in March 2015.
  • Robinhood is a FINRA-regulated broker-dealer, registered with the U.S. Securities and Exchange Commission, and is a member of the Securities Investor Protection Corporation.
  • The company's revenue comes from: interest earned on customers' cash balances, selling order information to high-frequency traders (a practice for which the SEC opened an investigation into the company in September 2020) and margin lending.

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