Robinhood (Company) | Wikipedia audio article
Channel: wikipedia tts
Date: 06/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Robinhood_(company)


00:00:39 1 History
00:03:38 2 Operations
00:04:12 3 See also



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Voice name: en-AU-Wavenet-C


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SUMMARY
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Robinhood Markets Inc., or simply Robinhood, is a U.S.-based financial services company headquartered in Menlo Park, California. The company offers the Robinhood smartphone mobile app, which allows individuals to invest in publicly traded companies and exchange-traded funds listed on U.S. stock exchanges without paying a commission. The company makes money from interest earned on customers' cash balances and margin lending.After an April 2017 fundraising, Robinhood had a $1.3 billion valuation. The Wall Street Journal reported in 2018 that the company had closed another round of financing that valued the company at $5.6 billion.