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Robinhood's Credit Card Gamble: Can It Reverse Decline In User Engagement With Latest Venture?
Saturday, September 23, 2023 - 11:59am | 882Robinhood (NYSE: HOOD), the popular trading platform, is undergoing significant internal changes, including layoffs and team reorganizations, as it shifts its focus towards the credit card sector. This latest batch of job cuts comes in response to a dwindling monthly active user...
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No Cash? No Problem: Robinhood Prepares To Offer Credit To Its Users
Thursday, June 22, 2023 - 10:19am | 451Retail investor-friendly brokerage Robinhood Markets Inc (NASDAQ:HOOD) is pushing the boundaries of the fintech space with its strategic acquisition of San Francisco-based X1, a platform that offers a no-fee credit card. What Happened: The move marks a step in Robinhood's journey to broaden its...