Talk:Robinhood Markets

"ry" section?

38.105.242.2 (talk) 15:37, 11 May 2018 (UTC)

Requested Edits

I have a WP: COI as an employee of Robinhood. As instructed by the Contact Us page's instructions for article subjects to contact Wikipedia to make requests regarding articles that are "incomplete, inaccurate, or biased," I would like to request that an independent editor review the following proposed edits. User:BC1278 helped me prepare this request, as a paid consultant.

Extended content

1. In lead, change "It allows individuals to invest in public companies and exchange-traded funds listed on U.S. stock exchanges without paying a commission, purchase cryptocurrency, and plans to offer banking products."

to: "The company offers a mobile app and website that offers people commission-free investing in stocks, ETFs, and options through Robinhood Financial and commission-free crypto trading through Robinhood Crypto."

Note: This clarifies that service is available on both the web and through an app, and that the basic services is not limited to the U.S. stock exchange, but also includes options, cyrptocurriences and ETFs. As it stands, the article is misleading/incomplete. References to plans to offer banking products is speculative. Violates WP: CrystalBall

2. In the lead, change “Robinhood has over 6 million users” to “Robinhood has over 10 million customer accounts.”

Note: The prior statement is out of date.

3. Move in lead, "The company's main source of revenue comes from interest earned on customers' cash balances and margin lending.

to "History" section, in proper chronological order for 2017, as: "The company's main source of revenue in February 2017 came from interest earned on customers' cash balances and margin lending. It later added a "Robinhood Gold" subscription for a monthly fee. Bloomberg News reported in October 2018 that Robinhood receives almost half of its revenue from payment for order flow.

Note: this statement about interest being the primary source of revenue was true in February 2017, but isn't true anymore, which is why it's best in the History section, rather than the lead. I also added the date and made it past tense to further clarify. I added the additional sources of revenue that year since people will wonder how a free service makes money.

I also suggest moving the new sentence about order flow, above, from the "Controversy" section to here as it describes another way how the company makes money.

4. Edit, in “Controversies”, the following: "However, in a 2018 statement the company announced it was ending this form of revenue generation by developing its own in-house clearing agency.

to: "The company said in October 2018 it had started processing trades through its own clearing system, Clearing by Robinhood."

and Move it to the proper place in History, in chronological order.

Note: Company website is not a reliable source. Changed the source to a press account. Revised the statement so it is accurate, as per the reliable source. Neither the press account nor the website says anything about revenue from order flow.

5. Delete in lead: "but in May 2019, reports from Bloomberg and other outlets publicized Robinhood’s pursuit of an additional $200 million in funding, which could value the company in the $7 billion to $10 billion range.

Note: Speculative. Violates WP: CrystalBall

6. Delete in lead: "In September 2018, the company's co-founders announced plans to take the company public in 2019."

Note: Violates WP: CrystalBall.

7. In History add: “In July 2019, the company announced it had raised a $323 million Series E financing round at a $7.6 billion valuation.”

‘’’Note:’’’ Provides the most recent and accurate company valuation.

8. Change in History: "In December 2013 Robinhood launched out of stealth on the crowdsourced technology news website Hacker News, leading to articles about the company in TechCrunch, PandoDaily, VentureBeat, TheStreet and others."

to: "Robinhood announced an initial $3 million in seed funding in December 2013.”

Note: It is bad practice to name sources unless they represent opinion/analysis. That is not the case here. This is just fact-based reporting. It's also incorrect that the app launched "on Hacker New" -- the app has nothing to do with Hacker News. Hacker News published a Reddit leak of the sign-up page link when the app was in beta, according to the TechCrunch source - it is unrelated to the company. Also, one good source is enough. No need to cite four sources here.

9. Edit in History: “Initially the firm had a waiting list, and in under 30 days there were 100,000 signups. By September 2014, the waiting list had reached 500,000 people. In March 2015, the company announced those still on the waitlist could create accounts and any U.S. residents, 18 and older, could apply for an account."

to: "The app officially launched commission-free trading in March 2015, after having amassed a wait list of 800,000 people."

Note: This request includes deleting the first sentence. It is much clearer in the proposed language that this is the date when the product actually launched. And there's no need to mention the previous wait list number in September 2014, pre-launch, if the wait list number at launch in March 2015 is noted.

References

Thank you.Dpm715 (talk) 20:22, 10 December 2019 (UTC)

Reply 11-DEC-2019

Below you will see where proposals from your request have been quoted with reviewer decisions and feedback inserted underneath, either accepting, declining or otherwise commenting upon your proposal(s). Please read the enclosed notes within the proposal review section below for information on each request.  Spintendo  03:32, 12 December 2019 (UTC)

Proposal review 11-DEC-2019

The company offers a mobile app and website that offers people commission-free investing in stocks, ETFs, and options through Robinhood Financial and commission-free crypto trading through Robinhood Crypto.
 Partly-approved.


Robinhood has over 10 million customer accounts.
Approved.


The company's main source of revenue in February 2017 came from interest earned on customers' cash balances and margin lending. It later added a "Robinhood Gold" subscription for a monthly fee. Bloomberg News reported in October 2018 that Robinhood receives almost half of its revenue from payment for order flow.
Clarification needed.


However, in a 2018 statement the company announced it was ending this form of revenue generation by developing its own in-house clearing agency.
Clarification needed.


but in May 2019, reports from Bloomberg and other outlets publicized Robinhood’s pursuit of an additional $200 million in funding, which could value the company in the $7 billion to $10 billion range.
Clarification needed.


Delete: In September 2018, the company's co-founders announced plans to take the company public in 2019.
Approved.


In July 2019, the company announced it had raised a $323 million Series E financing round at a $7.6 billion valuation.
Clarification needed.


Robinhood announced an initial $3 million in seed funding in December 2013.
 Partly-approved.


The app officially launched commission-free trading in March 2015, after having amassed a wait list of 800,000 people.
 Partly-approved.


___________

@Spintendo:@BC1278: I would like to understand the rational behind approving #6, deleting: "In September 2018, the company's co-founders announced plans to take the company public in 2019.", the reason in the request was it "Violates WP:CrystalBall." However, my understanding is that under WP:CrystalBall: "It is appropriate to report discussion and arguments about the prospects for success of future proposals and projects or whether some development will occur, if discussion is properly referenced." This seems to directly describe and is applicable to the decision at hand. Concluding that any announced plans are not allowed under WP:CrystalBall is unreasonable. Nithin🚀 ^talk 20:49, 28 January 2021 (UTC)

Remove the verified badge on the article

I just saw this template used on the Robinhood (company) page. It showed a verified badge on the page. This makes no sense in my opinion. Verified badges should not be in existence on the internet, let alone Wikipedia... All it does is make people cringe. Matthew Cenance (talk) 03:21, 29 January 2021 (UTC)

If the use of the "verified" badge is not commonplace, I agree it should be removed. I have not seen it used on other articles in Wikipedia. Jurisdicta (talk) 03:34, 29 January 2021 (UTC)

Extended-confirmed-protected edit request on 29 January 2021

Under company description please include the following “contrary to popular belief and folk tale, Robinhood no longer steals from the rich to give to the poor. In January 2021 Robinhood redefined their purpose and set on a mission to steal millions of dollars from the poor, to give to the rich. 173.68.163.84 (talk) 15:50, 29 January 2021 (UTC)

 Not done See WP:5P2 and WP:V. — Bilorv (talk) 16:16, 29 January 2021 (UTC)

reviews and google

Anyone think it's notable that google deleted 100k negative? Could we add that in after the section about users adding 1 star reviews.

"Google removed at least 100,000 negative reviews of the stock trading app Robinhood from the Google Play app store after angry users sent a flood of critical reviews that caused the app’s rating to plummet on Thursday. The app’s rating went from roughly four stars out of five on Wednesday to just one star on Thursday. Robinhood users were understandably upset after the company halted purchases of GameStop’s stock and other stocks promoted by Reddit’s WallStreetBets community.

A Google spokesperson confirmed the tech giant has deleted the reviews and defended the move overnight, telling Gizmodo over email that it has rules against “coordinated or inorganic reviews.” Gizmodo asked how negative reviews could be deemed “inorganic” when people seem reasonably upset about Robinhood’s actions in recent days. Google stopped responding to Gizmodo’s emails after that inquiry." --160.2.143.157 (talk) 16:18, 29 January 2021 (UTC)

References

 Done How does this edit look? Also added a sentence to GameStop short squeeze#Reactions and took a sentence from it about physical protests. — Bilorv (talk) 18:34, 29 January 2021 (UTC)

It looks fine though probably it would be worth adding how the protests came about, which according to the sourcing, was the result of the "call to arms" post made on Reddit. While the Reddit user made the post as a prank and was subsequently banned from r/wallstreetbets for it, I'd think this particular information would be too tangential and I can't find a reliable source for it anyways. I only know it from the subreddit moderators and the prankster's admission. Saucysalsa30 (talk) 04:34, 31 January 2021 (UTC)

Would it be fitting to add in that the barrage of negative reviews on the app happened a second time, but this time around were reportedly compliant with Google's review policy and were not removed? Saucysalsa30 (talk) 02:37, 2 February 2021 (UTC)

References

Yep, I'd say go for it, but keep things as concise as you can. Remember to stick to just the things the sources say. — Bilorv (talk) 22:13, 3 February 2021 (UTC)

I agree. It is notable and certainly an important part of the GameStop chapter.Kerdooskis (talk) 22:33, 9 February 2021 (UTC)

Extended-confirmed-protected edit request on 12 March 2021

This is more accurate as to source and valuations , so I ask it is changed

As of May 2018, Robinhood raised a total of $550 million in venture capital funding , in part from JAF Jordan Alexander Family Office , with the last valuation at $5.9 billion , up from their previous valuation of 1.3 billion . 2605:B100:311:FC4:A145:EB3D:8152:DC8F (talk) 13:24, 12 March 2021 (UTC)

Not done: Firstly, it is unclear where to insert this text into. Secondly, please provide wp:reliable sources. ~ Aseleste_{charge-parity}^time 15:09, 12 March 2021 (UTC)

Extended-confirmed-protected edit request on 30 June 2021

Change the number of Robinhood users from 13 million to 31 million, per a Wall Street Journal reporting on newly released public figures.

"Robinhood now has 31 million customers, 18 million of whom have funded accounts, according to a settlement document made public Wednesday."

Source: https://www.wsj.com/articles/robinhood-agrees-to-pay-70-million-to-settle-regulatory-investigation-11625063765?mod=hp_lead_pos1 2601:243:CD00:8D70:543B:A0DC:5358:F36B (talk) 23:05, 30 June 2021 (UTC)

 Done Living Concrete (talk) 01:37, 1 July 2021 (UTC)

Inflation Adjustments

"Robinhood faced controversy in June 2020 after University of Nebraska student Alexander E. Kearns committed suicide after seeing a negative cash balance of US$730,000 (equivalent to $764,355 in 2021) in his Robinhood margin trading account."

The inflation adjustment just seems like a distraction.128.187.112.28 (talk) 128.187.112.28 (talk) 15:50, 4 August 2022 (UTC)

Extended-confirmed-protected edit request on 16 August 2022

Add a hatnote link to Robin Hood, the fictional character 137.27.95.250 (talk) 22:19, 16 August 2022 (UTC)

 Not done for now: please establish a consensus for this alteration before using the {{edit extended-protected}} template. It seems unlikely that anyone would mistake the two articles, or find this accidentally searching for the other. ScottishFinnishRadish (talk) 22:26, 16 August 2022 (UTC)

Extended-confirmed-protected edit request on 17 May 2023

Change the following in Robinhood Markets#Security breaches:

It is believed that the hacker and breachfourms owner "pompompurin" who was behind the 2021 FBI email hack and was arrested by in March 2023 was responsible for the breach.

to

It is believed that Conor Brian Fitzpatrick, owner of BreachForums, who was behind the 2021 FBI email hack and was arrested by law enforcement in March 2023, was responsible for the breach.

Original article has poor wording and is missing wikilinks. Dawnbails (talk) 13:53, 17 May 2023 (UTC)

 Done ARandomName123 (talk) 18:01, 17 May 2023 (UTC)

Extended-confirmed-protected edit request on 17 November 2023

Change

Robinhood petitioned regulators to buy back the shares"

to

Robinhood petitioned regulators to buy back the shares and bought it back for $10.96 each.

207.96.32.81 (talk) 04:46, 17 November 2023 (UTC)

 Done Though with a different source as Investopedia is not considered a reliable source. Elli (talk | contribs) 22:13, 22 November 2023 (UTC)

References

Extended-confirmed-protected edit request on 14 November 2024

Robinhood Tech support messed up and my account has been locked for a week. I’ve spent at least 10-15 hours waiting on the phone for support. I’ve sent 40 emails. Now they’re canceling my account and threatening to keep my money. 2600:4041:40EB:5E00:90C0:A5E1:603E:A4E8 (talk) 14:39, 14 November 2024 (UTC)

 Not done: This is not the place for Robinhood support. Please reach out to them via the appropriate venue. — BerryForPerpetuity (talk) 15:11, 14 November 2024 (UTC)

Extended-confirmed-protected edit request on 11 March 2025

ADD TO 'REGULATORY ENFORCEMENT' SECTION

In March 2025, the Financial Industry Regulatory Authority imposed a $26 million penalty on Robinhood Financial and Robinhood Securities for violating numerous FINRA rules, including failing to establish and implement reasonable anti-money laundering programs, which caused the firms to fail to detect, investigate or report suspicious activity, including manipulative trading, suspicious money movements and instances where customers’ accounts were taken over by third-party hackers. Robinhood Financial was also ordered to pay $3.75 million in restitution to customers whose market orders were collared and canceled, and who then re-entered their orders and received executions at an inferior price."FINRA Orders Robinhood Financial to Pay $3.75 Million in Restitution to Customers; Fines Robinhood Financial and Robinhood Securities for Anti-Money Laundering, Supervisory and Disclosure Violations | FINRA.org". www.finra.org. 7 March 2025. Retrieved 11 March 2025. GorgeHoward (talk) 01:27, 11 March 2025 (UTC)

 Done Paraphrased in order to avoid copyvio. Lova Falk (talk) 14:23, 19 March 2025 (UTC)

updated photo

I work with Robinhood and am requesting that the logo for the company is updated to match its current black logo. Sharing the logo here: https://commons.wikimedia.org/wiki/File:RH_lockup_black_(1).png Also please refer to the company's page here: https://newsroom.aboutrobinhood.com/a-new-visual-identity/ Thank you for the response — Preceding unsigned comment added by Tkisbest (talk • contribs) 22:16, 27 May 2025 (UTC)

File:RH lockup black (1).png

— Preceding unsigned comment added by Tkisbest (talk • contribs) 21:10, 27 May 2025 (UTC)

Hi @Tkisbest, it could be good to have a published source (even just one from the company) confirming that this is their new logo. If you have that, you can put {{Edit COI}} above your message so you can have more chances to get a response.

Also, I noticed you didn't specify a license for the new logo – if it isn't either under a free license or below the threshold of originality, then it can't be on Wikimedia Commons even if the company gives permission, and if it is below the threshold of originality, the company's permission doesn't matter either. Permission is only needed in the case the company needs to confirm the logo is under a free license (presumably CC-BY or CC-BY SA), but that license should ideally be specified. Chaotic Enby (talk · contribs) 21:43, 27 May 2025 (UTC)

Not done for now: Requester inactive, file deleted. GoldRomean (talk) 00:25, 10 June 2025 (UTC)

Update Logo

Hi. I would much appreciate it if you could update the current logo in the Infobox with the following recently uploaded logo for Robinhood Markets with the following file name: File:Robinhood Markets logo.png Thanks so much BlueScope25 (talk) 14:35, 13 August 2025 (UTC)

 Done Sir Joseph ^(talk) 21:48, 22 August 2025 (UTC)

Extended-confirmed-protected edit request on 23 August 2025

Change “In November 2021, a voice phishing scheme on a Robinhood employee resulted in about 5 million customers having their email addresses stolen, 2 million customers' having their full names disclosed and three hundred customers having their dates of birth disclosed.[72]”

To “In November 2021, a voice phishing scheme on a Robinhood employee resulted in about 5 million customers having their email addresses stolen, 2 million customers having their full names disclosed and three hundred customers having their dates of birth disclosed.[72] 23.24.195.170 (talk) 00:27, 23 August 2025 (UTC)

 Done Day Creature (talk) 14:22, 23 August 2025 (UTC)

Updates to Acquisitions table

Thanks Sir Joseph for updating the logo, and also thank you Ptrnext for updating the Acquisitions table. There are just three small things that should be added.

1. Please add the acquisition of Binc to the table. Binc should be in the second row. It was bought in March 2021, its description is a "Recruiting firm", and the source is

1. Also, if you could just add the words "AI-powered" to the description of Pluto Capital, so it reads "AI-powered investment research platform."

1. In the "Price" column, can you please change the heading to "Approximate price"? The reported prices are approximate, and not exact.

References

Thanks again. BlueScope25 (talk) 21:42, 10 September 2025 (UTC)

Done Encoded  Talk 💬 21:57, 10 September 2025 (UTC)

Hi Encoded. Thanks so much for implementing my edit request. All the best. BlueScope25 (talk) 18:29, 12 September 2025 (UTC)

Edits to History section

Hello. I have the following requests for edits to the History section.

• Please add the word "commission" and remove the word "addictive" from the last sentence of the first paragraph in the History section so the sentence reads as follows:

They aimed to design a mobile app that was commission-free and easy to use.

" Commission-free" is a more accurate description, whereas "addictive" in this context doesn't seem to meet Wikipedia's strict requirements for NPOV. This statement is the speculative opinion of the author and therefore shouldn't be stated as fact in this entry.

• Directly after the first paragraph, please add the following sentence:

Tenev and Bhatt served as co-CEOs from 2013 to 2020, when Tenev became the sole CEO and Bhatt became chief creative officer.

• At the end of the next paragraph, at the end of the first sentence, please replace "later that year" with:

in December 2014, on the Apple App Store.

• After the fifth paragraph that begins "In the second quarter of 2020…" please add the following sentence:

In July 2021, the company went public and was listed on the Nasdaq Exchange.

• In the next to the last paragraph that begins "In March 2025, Robinhood announced…" please add the following sentence after the second sentence, before "In June 2025, the company launched…"

Soon after, Robinhood received its MiFID and MICA licenses, allowing Robinhood Europe to operate as a crypto-asset service provider.

• After the last sentence of the next to last paragraph, and before the last paragraph, please add the following as a new paragraph:

In July 2025, Robinhood reported 26.7 million customers in the U.S. and 30 European Union and European Economic Area countries.

Pinging Encoded who was helpful with the last edit request. Thanks so much. BlueScope25 (talk) 14:59, 17 September 2025 (UTC)

Partly done. Going to decline the first one as NPOV means all the significant views that have been published by reliable sources on a topic. which it seems to be and I'm not quite sure which second to last paragraph you're referring to for the last one, but otherwise, implemented with this edit. Alpha3031 (t • c) 02:17, 27 October 2025 (UTC)

References

Replace photo

Hello. Please replace the photo that is now on the page of Vlad Tenev with a more recent photo of Tenev, as follows:

Replace this:

[[File:TechCrunch Disrupt NY 2016 - Day 2 (26841509412) (2).jpg|thumb|right|Co-founder of Robinhood [[Vladimir Tenev]] speaks onstage during [[TechCrunch Disrupt]] NY 2016 at Brooklyn Cruise Terminal on May 10, 2016, in New York City.]]

With this:

[[File: Portrait of Vlad Tenev.jpg|thumb|right|Co-founder of Robinhood [[Vladimir Tenev]] in 2025]]

Pinging Encoded who I hope will have time for this. Thanks so much. BlueScope25 (talk) 14:56, 22 October 2025 (UTC)

 Done. Alpha3031 (t • c) 02:22, 27 October 2025 (UTC)

Thank you Alpha3031 for updating the photo and implementing the above edit request. 173.205.212.19 (talk) 13:54, 27 October 2025 (UTC)

Thank you Alpha3031 for updating the photo and implementing the above edit request. BlueScope25 (talk) 13:55, 27 October 2025 (UTC)

Update and add new section

Hello. The following are edit requests to update the page.

• Please add the following after the first sentence of the "History" section, (after the words 'New York City,' as background and context to how and why Robinhood was founded.

The inspiration for the development of the Robinhood app was a combination of the 2008 financial crisis and the 2011 Occupy Wall Street movement protesting the power of big banks. Tenev's wife inspired the name of the app when she told friends that Tenev and Bhatt were building "the Robin Hood of finance."

• Please add the following sentence to the end of the History section, before the Acquisitions table:

In July 2025, Robinhood reported 26.7 million customers in the U.S. and 30 European Union and European Economic Area countries.

• Please add the following to the Acquisitions table- In the "Description" column for the company X1, add the following, with the source in the "Ref" column.

Re-branded as the Robinhood Gold Card.

• Please add a new "Products" section below the "History/Financing history" section (before the Controversies section), with the following new content:

Robinhood has developed and offered a variety of products for its customers over the years, including commission-free equities and options trading; fractional shares; retirement accounts; and crypto trading. Other products and offerings include a 24-hour market, a desktop trading platform, and a prediction markets hub.

Robinhood Gold, a premium subscription offering, was introduced in September 2016.

In 2025, the company also introduced Robinhood Banking and Robinhood Cortex, an AI investment tool.

References

Pinging Alpha3031 who responded to the last ER above. Thanks for your help. BlueScope25 (talk) 18:39, 3 November 2025 (UTC)

Partly done:

• I think the naming is adequately covered in summary style. The statements you prose would need primary source attribution.
• Added first part. I think a graph of the growth over time would be better
• No this is promotional
• This products section you prose is pure promotion. Some of the sources you suggest are good ideas. If you write balanced summaries of these sources that would be welcome content. That could probably be worked in with the structuring of the table as a prose section that I proposed. Czarking0 (talk) 23:39, 1 February 2026 (UTC)

Corporatist scum like you need to fuck off from this platform. Go rot your brain with an AI chatbot you fascist prick ~2026-51415-58 (talk) 01:12, 23 September 2026 (UTC)