Robinhood Markets, Inc. operates in the financial sector, within the electronic brokerage and fintech subsector, and was founded by Vladimir Tenev and Baiju Bhatt. Its initial purpose was tied to democratizing access to financial markets by eliminating trading commissions for retail investors.
There was no direct government involvement in its creation; the founders’ focus was on developing a digital platform accessible to investors across different profiles, particularly those without access to traditional intermediaries.
Its core products and services include an electronic brokerage platform for trading equities, ETFs, options, futures contracts, prediction markets and cryptocurrencies. The company also offers a digital crypto wallet, banking services through insured financial institutions, a credit card, and wealth management solutions.
Its primary market is domestic, concentrated in the United States, although it maintains a presence in the United Kingdom and provides cryptocurrency and tokenized-asset trading services to users in European Union countries.
A range of market factors influence operations, including competition from other brokerage platforms, regulatory developments in the financial sector, interest-rate cycles, market liquidity and the reliance on operating models such as payment for order flow. Technological innovation initiatives and international expansion also shape its competitive positioning.
In terms of scale, the company reports more than 26.5 million funded accounts and holds approximately USD 279 billion in assets under custody, according to the latest corporate results.
Its operational structure is digital and distributed, headquartered in Menlo Park, California. Operations are carried out exclusively through an online platform, without a physical branch network, supported by specialized teams in technology, compliance, financial operations and customer support.
The company’s shares are traded on Nasdaq under the ticker HOOD.
History and Foundation
Robinhood Markets, Inc. was founded on April 18, 2013, in Menlo Park, California, by entrepreneurs Vladimir Tenev and Baiju Bhatt.
During its early years, the company structured its business model around commission-free trading, facing the challenge of consolidating a rapidly expanding user base while establishing revenue streams supported by payment for order flow.
As the company expanded, new products were introduced, including options trading, cryptocurrency trading, financial management services, prediction markets and partnerships with banking institutions to provide offerings such as a credit card and interest-bearing accounts.
A significant milestone occurred on July 29, 2021, when the company completed its initial public offering (IPO), resulting in the listing of its shares on Nasdaq.
Between 2020 and 2024, the company reported substantial growth in funded clients, an increase in assets under custody, entry into new markets, the addition of new financial products and technological advancement, reinforcing its presence in the digital brokerage sector.
Additional Information
The Company Robinhood Markets Inc (United States), is listed on Nasdaq with a market cap of $ 117.30 Billions, having an equity of $ 8.57 Billions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 4.20 Billions, which generated a profit in the amount of $ 2.19 Billions.
As for its main indicators, the Company has a P/E ratio of 53.47, a P/BV ratio of 13.69 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker HOOD.