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The Robinhood Group, Inc.
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Founded in 2013 by Vladimir Tenev and Baiju Bhatt, Robinhood Markets, Inc. aims to "democratize finance for all." The company gained significant popularity for its mobile-first, commission-free trading model, which simplified investing for a new generation of traders. Robinhood's platform provides access to stocks, exchange-traded funds (ETFs), options, and cryptocurrencies. Its revenue is primarily generated through payment for order flow (PFOF), interest earned on uninvested cash balances, and its premium subscription service, Robinhood Gold. The company went public via an IPO in July 2021 and is traded on the NASDAQ stock exchange under the ticker symbol HOOD.
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