Robinhood Markets, Inc., founded in 2013 by Vladimir Tenev and Baiju Bhatt, is a financial services company headquartered in Menlo Park, California. The company revolutionized the brokerage industry by introducing a mobile-first platform that offers commission-free trading of stocks, ETFs, options, and cryptocurrencies, aiming to democratize finance for all. This approach has attracted a substantial user base, particularly among younger investors, with the platform managing $193 billion in assets and 25.2 million funded accounts as of 2024.
In recent years, Robinhood has expanded its offerings to include innovative financial products and services. In 2025, the company ventured into prediction markets, allowing users to trade on real-time events across various sectors, and introduced ‘Cortex,’ an AI-powered investing assistant designed to enhance user experience for its Gold subscribers. Additionally, Robinhood launched the Robinhood Gold Card, a credit card offering 3% cash back on all purchases, further solidifying its position as a comprehensive financial platform. The company’s growth and innovation were recognized with its inclusion in the S&P 500 index in September 2025, underscoring its significant impact on the financial services industry.
Website: https://robinhood.com
Highlights
Robinhood offers commission-free trading of stocks, ETFs, options, and cryptocurrencies, making investing accessible to a broad audience.
As of 2024, the platform managed $193 billion in assets and had 25.2 million funded accounts.
In 2025, Robinhood expanded into prediction markets and introduced 'Cortex,' an AI-powered investing assistant for its Gold subscribers.
The company launched its first credit card, the Robinhood Gold Card, offering 3% cash back on all purchases with no annual fee.
Robinhood was added to the S&P 500 index in September 2025, reflecting its significant growth and market presence.
