Robinhood Was Indeed Too Good to Be True

Morningstar | John Rekenthaler | Jan 4, 2020 The SEC releases the results of its investigation Something for Nothing? One wondered about Robinhood’s business model. The discount brokerage, which debuted in 2015, gives away trades. How, then, could the firm earn its keep? According to Robinhood’s early disclosure, its revenues came from two channels: 1) convincing customers

The post Robinhood Was Indeed Too Good to Be True first appeared on National Crowdfunding & Fintech Association of Canada.