FinTech news in investing app category

Of course, Robinhood also warned of risks in extended-hours trading, but noted the additional hours would give customers the ability to trade based on quarterly earnings announcements made after the market closes, as well as based on activity taking place in foreign markets.

Last year, when the company planned to go public via a SPAC, it had projected revenue of $126 million for the year, according to its deck, as analyzed by our own Alex Wilhelm. Savings and investing app Acorns has raised $300 million in a Series F funding round that values the company at nearly $2 billion.