Founded in 2013 by Vladimir Tenev and Baiju Bhatt, Robinhood's mission is to "democratize finance for all." The company pioneered commission-free trading of stocks, exchange-traded funds, and cryptocurrencies through a mobile-first platform, which significantly lowered the barrier to entry for retail investors. Its business model primarily relies on revenue from payment for order flow, interest earned on uninvested cash balances, and subscriptions to its premium service, Robinhood Gold. The company went public in July 2021 and is traded on the NASDAQ under the ticker symbol HOOD.

Founded in

United States