Investing

Robinhood scraps launch of its investing app in the UK

0


The Robinhood investment app is see on a smartphone in this photo illustration on June 24, 2020 in Washington,DC.

Jim Watson | AFP | Getty Images

Robinhood has postponed the launch of its popular stock-trading app in the U.K. indefinitely.

The Menlo Park, California-based fintech firm told people signed up to its U.K. waitlist Tuesday that it had put the brakes on its global expansion ambitions to focus primarily on its home market.

“A lot has changed in the world over the past few months, and we’ve made the difficult decision to postpone our U.K. launch indefinitely,” a Robinhood spokesperson said in a statement. “As a company, we are refocusing our efforts on strengthening our core…



Source cnbc.com

Ford unveils electric Mustang Mach-E race car with 1,400 horsepower

Previous article

Coronavirus live updates: Quest reportedly warns it won't be able to meet testing demand in the fall

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Investing