May 01, 2019 BY Mariela Naydenova

Robinhood files for bank charter - expansion with credit cards ahead

The "free" stock trading app, Robinhood, has applied for a traditional banking products charter just ahead of its IPO. While the idea of trading with "zero commission" made the company popular, it was the introduction of cryptocurrencies on the Robinhood app that really helped the company skyrocket, both in terms of its valuation and popularity…

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