How did Robinhood, a zero commission broker become the second largest fintech company in America?

May 25, 2018

Robinhood is a great example of disruption in the Banking and Trading Industry.


Traditionally brokers charge between $10 and $30 for a trade of stocks, gaining a Margin of over 90%.


Robinhood, a mobile only trading platform, introduce a FreeMemium Model (aka Spotify) where users are charged zero commission for traded executed in 24 hours or a $10 monthly fee for trade executed immediately.


The result? $200m Annual Revenues and a valuation of over $6bn....


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