The number of active monthly users of the commission-free trading app Robinhood grew steadily since 2014, even though the app did not officially launch until mid-2015. The number of users grew from ************** in 2014 up to **** million, reaching a peak in 2021. While the number of active monthly users now rests at under ** million, the Average Revenue Per Users (ARPU) has increased. The app’s net revenue did also grow steadily since its official launch, reaching *** million U.S. dollars as of 2023. Robinhood and the GameStop story Robinhood was a key player in the GameStop story in January 2021, when they restricted the trading of GameStop stocks for a few days. The platform with its commission-free trading is known to be "for the young and poor" and their trading halt caused a lot of anger among its users, who called it market manipulation and claimed the company was helping the hedge funds. Did the GameStop story affect the number of downloads? The number of downloads of the Robinhood app increased markedly in April 2021. The number of downloads grew by almost five times compared to the previous month, reaching around 3.23 million downloads from Google Play Store and Apple App Store in April 2021. This increase show that the app had a central role for the GameStop stocks, where young investors saw an opportunity to make money with commission-free trades.
https://electroiq.com/privacy-policyhttps://electroiq.com/privacy-policy
Robinhood Statistics: Robinhood Markets Inc., founded in 2013 and headquartered in Menlo Park, California, is a financial services company offering commission-free trading in stocks, options, and cryptocurrencies. As of the end of 2024, Robinhood reported 25.2 million funded accounts and 26.2 million investment accounts. The company's assets under custody reached $193 billion, a significant increase from the previous year. In 2024, Robinhood generated $2.95 billion in revenue, marking a 58% year-over-year growth, and achieved a net income of $1.41 billion, its first annual profit since 2020.
Robinhood as a serious force in financial services, the article now aims to describe the key Robinhood statistics and developments that shaped Robinhood's 2024 performance.
Downloads of the trading app Robinhood grew over five times between December 2020 and January 2021, according to Google Play Store and Apple App Store figures. The number grew from around 651,000 downloads in December 2020 up to around 3.29 million downloads in January 2021. The reason for the increased number of downloads was that the app played a central role in the GameStop story in January 2021, where young investors saw an opportunity to make money on the GameStop stocks with commission-free trades via the Robinhood platform. Popularity of Robinhood Investors' viewpoints are increasingly turning toward the utilization of technology when investing as the majority of wealth management clients worldwide agreed technology has improved investing decision making and allowed for higher efficiency and reduced costs. Robinhood's ease of accessibility to investors and low-cost business model are contributing factors that allowed them to previously outperformed other leading trading apps in the number of monthly active users on their platform. The future of online trading The total net revenue of Robinhood has continued to increase with a large spike in the fourth quarter of 2020. Despite events such as the GameStop story passing, Robinhood`s revenue has continued to grow. Many traditional asset management firms are also beginning to implement technology in their business operations as the technological move becomes more prominent. The global online trading market is forecast to continue to increase in value in the coming years, leaving opportunity for online trading platforms like Robinhood to expand.
Based on monthly active users, Robinhood is by far the most popular eTrading app in the world. As of July 2021, there were over *** million Robinhood users - over double the users of second-placed WeBull. User numbers spiked in early 2021, reaching a peak of over **** million in May 2021. The timing of this spike in popularity is likely influenced by the media attention paid to retail investors, generally using eTrading apps, coordinating their activity via social media to drive up the stock price of companies such as GameStop and AMC Entertainment.
In 2022, Robinhood, probably the most well-known online trading platform and neobroker worldwide, had 23 million net cumulative funded accounts, with 11.4 million active users on average. Robinhood users committed approximately 62 billion U.S. dollars to invest on the trading app.
Based on monthly active users, Robinhood is by far the most popular eTrading app in the United States. As of July 2021, there were over *** million Robinhood users - more than ***** times the users of ************* WeBull. User numbers spiked in early 2021, reaching a peak of over **** million in May 2021. The timing of this spike in popularity is likely influenced by the media attention paid to retail investors, generally using eTrading apps, coordinating their activity via social media to drive up the stock price of companies such as GameStop and AMC Entertainment.
Attribution-NonCommercial-NoDerivs 4.0 (CC BY-NC-ND 4.0)https://creativecommons.org/licenses/by-nc-nd/4.0/
License information was derived automatically
Like several other app industries, stock trading and investment saw a huge spike in usage during the coronavirus pandemic. Millions of people stuck at home were able to take advantage of new...
The net revenue of the online trading platform Robinhood experienced a peak of 565 million U.S. dollars in the second quarter of 2021. Following this, revenues have remained relatively stable, resting at 471 million U.S. dollars in the final quarter of 2023. Robinhood came under the spotlight in January 2021, in connection with the GameStop story, when they implemented a trade halt on GameStop stocks for a few days, which benefitted the hedge funds who were still able to trade, and upset their users.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The free trading platform market is experiencing robust growth, driven by increasing smartphone penetration, rising internet usage, and a younger generation's growing interest in investing and financial markets. The market's accessibility, coupled with user-friendly interfaces and often commission-free trading, has attracted a large and diverse user base. Major players like eToro, Robinhood, and Webull have capitalized on this trend, aggressively expanding their user bases through innovative features and targeted marketing campaigns. The market's expansion is further fueled by the democratization of finance, enabling individuals with limited capital to participate in the stock market and other investment opportunities. While regulatory scrutiny and concerns surrounding cybersecurity remain potential restraints, the overall growth trajectory appears positive, fueled by continuous technological advancements and increasing financial literacy. We estimate the 2025 market size to be around $20 billion, considering the rapid growth observed in recent years. Assuming a conservative CAGR of 15% (a figure that reflects the ongoing expansion but acknowledges potential market saturation), the market is projected to reach approximately $60 billion by 2033. This substantial growth is not uniform across all segments. The mobile-first approach adopted by many platforms has led to the dominance of mobile-based trading, surpassing desktop-based platforms. Geographic variations are also significant, with North America and Europe currently holding the largest market shares, owing to high internet penetration and established financial markets. However, the Asia-Pacific region is poised for significant growth in the coming years, driven by rapid economic development and a burgeoning middle class. Competition within the market is intense, with companies continually innovating to attract and retain users. This competitive pressure drives improvements in user experience, educational resources, and the range of investment options available on these platforms. The future of free trading platforms hinges on addressing security concerns, enhancing regulatory compliance, and adapting to evolving investor needs and technological advancements.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset tracks annual total students amount from 1991 to 2023 for Robin Hood
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The global stock trading app market is experiencing robust growth, driven by increasing smartphone penetration, rising internet connectivity, and a growing preference for convenient and accessible investment platforms. The market, estimated at $150 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated $500 billion by 2033. This expansion is fueled by several key trends, including the democratization of finance, the rise of millennial and Gen Z investors, and the increasing adoption of algorithmic trading and robo-advisors. The market is segmented by features (e.g., commission-free trading, educational resources, social trading), user demographics (e.g., age, investment experience), and geographic location. Leading players like TD Ameritrade, Charles Schwab, Robinhood, and Fidelity Investments are leveraging technological advancements and strategic partnerships to maintain their market share and expand their user base. However, regulatory hurdles, security concerns, and the potential for market volatility remain significant constraints on the market's growth trajectory. Competition is intense, particularly from newer entrants offering innovative features and targeting niche segments. The market's future growth will depend on continued technological innovation, regulatory clarity, and the evolving needs and preferences of investors worldwide. The success of individual players within this market hinges on their ability to adapt to shifting market conditions and deliver a superior user experience. This includes providing user-friendly interfaces, robust security measures, and advanced trading tools. Furthermore, effective marketing and strategic partnerships are crucial for reaching new customer segments. The increasing popularity of fractional share trading and the growing integration of artificial intelligence (AI) in portfolio management will shape the market landscape over the next decade. Regions like North America and Europe currently dominate the market share, but significant growth opportunities exist in emerging markets with rapidly expanding internet and mobile penetration. The continuing evolution of fintech and the increasing awareness of financial literacy amongst younger generations suggest a bright outlook for the long-term growth of the stock trading app market.
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The global investing apps market is experiencing robust growth, driven by the increasing adoption of smartphones, rising internet penetration, and a growing preference for convenient and accessible investment platforms among millennials and Gen Z. The market's expansion is further fueled by the development of user-friendly interfaces, sophisticated financial tools, and fractional share trading options, making investing more approachable for novice investors. The integration of artificial intelligence and machine learning is also enhancing the personalization and efficiency of investment advice and portfolio management, attracting a wider range of users. While on-premises solutions still maintain a presence, the cloud-based segment is dominating due to its scalability, cost-effectiveness, and accessibility across multiple devices. The personal and family use segment holds a significant market share, but enterprise adoption is steadily increasing as businesses seek to provide employee benefits and streamline financial management. Leading players like Robinhood, Betterment, and Acorns are actively innovating to maintain their competitive edge through new features, partnerships, and international expansion. However, regulatory scrutiny, security concerns, and the inherent volatility of the financial markets pose significant challenges to the market's sustained growth. We estimate the 2025 market size to be $15 billion, with a projected CAGR of 15% from 2025-2033, resulting from the factors mentioned above. This growth will be driven by continuous technological advancements and increasing financial literacy among younger demographics. The North American market currently holds a dominant position, but Asia Pacific is expected to experience significant growth in the coming years, fueled by rising disposable incomes and a rapidly expanding middle class. The competitive landscape is highly dynamic, with both established financial institutions and fintech startups vying for market share. Successful players are leveraging data analytics to offer tailored investment strategies and personalized financial guidance. Future growth will hinge on the ability of these companies to adapt to evolving regulatory environments, enhance cybersecurity measures, and cater to the diverse needs of a global user base. The focus on providing educational resources and fostering financial literacy among users will be crucial for long-term success. Furthermore, expansion into underserved markets and the development of innovative investment products will be key differentiators in this competitive space. We anticipate that the market will see further consolidation as larger players acquire smaller firms to expand their product offerings and geographic reach.
https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy
The global market for stock trading and investing applications is experiencing robust growth, driven by increasing smartphone penetration, rising internet usage, and a growing interest in personal finance management among millennials and Gen Z. The market, estimated at $150 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This significant expansion is fueled by several key trends, including the rise of commission-free trading platforms, the increasing adoption of sophisticated trading tools and analytics within apps, and the growing popularity of robo-advisors offering automated portfolio management. The segment of mobile-based applications is currently dominating the market, accounting for a significant majority of users and transactions, and this trend is expected to continue. However, the web-based segment also holds substantial growth potential, particularly for professional traders seeking advanced charting tools and research capabilities not always available on mobile platforms. The professional trader segment is a key driver of revenue, as they often execute higher-volume trades, contributing disproportionately to market value. Competitive pressures remain intense, with established players like Charles Schwab and Fidelity Investments facing challenges from newer, technology-focused entrants like Robinhood and Social Finance, all vying for market share. Geographic expansion, particularly in emerging markets with growing middle classes and increasing access to technology, represents another significant opportunity for growth in the coming years. Regulatory changes and cybersecurity concerns, however, pose potential restraints to market expansion. The competitive landscape is characterized by a mix of established financial institutions and innovative fintech startups. Established players leverage their brand recognition and existing client base, while newer entrants focus on user-friendly interfaces, commission-free trading, and innovative features to attract younger investors. Regional variations in market size are significant, with North America and Europe currently leading the way, due to higher levels of financial literacy and technology adoption. However, Asia-Pacific and other emerging regions are expected to show strong growth in the coming years as the adoption of online trading and investing platforms rapidly increases. The market's evolution will likely continue to be shaped by technological advancements, evolving regulatory environments, and shifting investor preferences. The continued integration of artificial intelligence and machine learning into trading platforms is expected to enhance user experience and investment strategies further driving the market growth.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The market for beginner investing apps is experiencing robust growth, driven by increasing financial literacy initiatives, the democratization of investing through accessible technology, and a younger generation's embrace of digital financial tools. The market, estimated at $5 billion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $15 billion by 2033. This expansion is fueled by several key factors. Firstly, the user-friendly interfaces and educational resources offered by these apps lower the barrier to entry for novice investors, attracting a broad demographic beyond experienced traders. Secondly, the rise of fractional investing and robo-advisors allows even small investments, making participation accessible to a wider range of individuals. Thirdly, the competitive landscape, featuring established players like Robinhood and Schwab alongside newer entrants like Stash and Acorns, fosters innovation and enhances user experience, driving market expansion. The market segmentation reveals a significant portion dedicated to personal and family use, reflecting the growing individual investor base. Cloud-based solutions dominate the app type segment due to their scalability, accessibility, and cost-effectiveness. However, on-premises solutions still hold a niche, particularly among larger enterprises with specific security requirements. Geographical distribution shows strong presence in North America and Europe, with emerging markets in Asia-Pacific and other regions exhibiting substantial growth potential as digital adoption accelerates. Despite the impressive growth trajectory, certain restraints exist. Regulatory changes and cybersecurity concerns pose potential challenges. Maintaining user trust and addressing potential risks associated with digital investing platforms is crucial for sustained market growth. Furthermore, the competitive intensity necessitates continuous innovation in features, security protocols, and user experience to retain market share. Nevertheless, the long-term outlook for beginner investing apps remains positive, driven by the continued shift towards digital finance and increased accessibility to financial markets for a broader population. The integration of AI-powered personalized investment advice and advanced analytics will further fuel this expansion, making investing more efficient and user-friendly for beginners.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset tracks annual total classroom teachers amount from 2005 to 2023 for Robin Hood
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Historical Dataset of Robin Hood is provided by PublicSchoolReview and contain statistics on metrics:Total Students Trends Over Years (1991-2023),Total Classroom Teachers Trends Over Years (2005-2023),Distribution of Students By Grade Trends,Student-Teacher Ratio Comparison Over Years (2005-2023),Asian Student Percentage Comparison Over Years (1990-2023),Hispanic Student Percentage Comparison Over Years (1996-2023),Black Student Percentage Comparison Over Years (1988-2023),White Student Percentage Comparison Over Years (1991-2023),Two or More Races Student Percentage Comparison Over Years (2010-2023),Diversity Score Comparison Over Years (1988-2023),Free Lunch Eligibility Comparison Over Years (2000-2023),Reduced-Price Lunch Eligibility Comparison Over Years (2000-2023),Reading and Language Arts Proficiency Comparison Over Years (2011-2022),Math Proficiency Comparison Over Years (2011-2022),Overall School Rank Trends Over Years (2011-2022)
https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy
The micro-investing app market is experiencing robust growth, driven by increasing smartphone penetration, the democratization of finance, and a rising demand for accessible investment tools. The market size in 2025 is estimated at $609.3 million. While the provided CAGR (Compound Annual Growth Rate) is missing, considering the rapid expansion of fintech and the increasing adoption of micro-investing platforms, a conservative estimate of 15% CAGR for the forecast period (2025-2033) is reasonable. This suggests significant market expansion, potentially reaching over $2 billion by 2033. Key drivers include the ease of use of these apps, their ability to cater to beginner investors with minimal investment thresholds, and the integration of gamified features that encourage consistent saving and investing. Furthermore, the increasing financial literacy among younger demographics fuels this growth, as they seek convenient ways to build long-term wealth. The market is segmented by operating system (Android and iOS) and application type (personal and enterprise), reflecting the diverse user base and applications of this technology. Competitive pressure from numerous established players like Robinhood and Fidelity, alongside emerging fintech companies, is driving innovation and accessibility within the micro-investing landscape. The geographic distribution of this market is diverse, with North America currently dominating due to higher levels of financial literacy and technological adoption. However, significant growth potential exists in Asia-Pacific regions, driven by increasing smartphone ownership and a young, rapidly growing population. Europe and other regions are also witnessing steady growth, spurred by rising disposable incomes and increasing adoption of digital financial services. Challenges facing the market include regulatory hurdles, security concerns, and the risk of market volatility impacting user confidence. However, continuous advancements in technology, improved security measures, and robust regulatory frameworks are expected to mitigate these challenges and support sustained growth in the coming years. The expanding range of features offered by micro-investing apps, including automated investing, personalized recommendations, and educational resources, contribute to the overall market appeal and continued adoption.
It is forecast that the global online trading market will increase at a global compound annual growth rate of *** percent per year, increasing to an estimated **** billion U.S. dollars in 2026. This is from a base of around ***** billion U.S. dollars in 2022. Following the coronavirus pandemic beginning in 2020, online trading activity increased among millennial investors. Many online brokers, including Robinhood, experienced notable growth in the number of platform users from the second quarter of 2020 through to 2021. A low-cost business model, paired with technological integration and social media promotion were contributing factors to the popularity of online trading. What is an online trading platform? The online trading market is typically accessed through an online market broker, providing a platform for users to track market prices and execute buy and sell orders on financial securities. The user typically holds their portfolio through an online broker. The number of monthly downloads for leading online trading apps spiked in early 2021. While this was influenced by media attention to popular news stories such as the increase in the price of GameStop shares, online trading is expected to continue as an alternative to traditional investment methods. Factors driving online trading The integration of technology has improved investing activities. From a global survey, most respondents stated technology made investing easier, cheaper, and more efficient. The use of technology allowed information such as real-time data, industry and firm reports, and trading notifications to be more accessible directly to the investor. Online platforms had experienced an increase in the number of trades placed per day, in 2019, interactive brokers had an average of 1,380 trades placed per day. This number steadily increased to 3,905 trades per day in 2021. Technological integration allowed trading via online platforms to be an alternative to traditional methods of relying on an in-person full-service broker.
https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The market for beginner investing apps is experiencing robust growth, driven by several key factors. Increased smartphone penetration, coupled with a younger generation's growing interest in financial literacy and wealth building, fuels demand for user-friendly, accessible investment platforms. The ease of use and low barriers to entry offered by these apps, often including features like fractional shares and automated investing, significantly broaden the investor base beyond traditional brokerage accounts. Furthermore, the rise of fintech innovation continues to enhance the app experience with personalized financial advice, educational resources, and gamified investment strategies. While competition is fierce amongst established players like Robinhood, Acorns, and Betterment, and newer entrants continually emerge, the market remains highly fragmented, presenting opportunities for both large firms and specialized niche players. The market is largely driven by personal and family use, although enterprise solutions offering employee benefits programs and financial wellness initiatives are demonstrating significant growth potential. The market's future trajectory is projected to remain positive, with a projected CAGR (Compound Annual Growth Rate) of approximately 15% over the next decade, reaching an estimated market size of $15 billion by 2033 (based on a reasonable estimation considering current market size and growth trends in fintech). Geographic expansion is another significant driver. While North America currently holds the largest market share, regions such as Asia-Pacific, particularly India and China, demonstrate substantial growth potential due to burgeoning middle classes and increasing internet and smartphone adoption. However, challenges persist, including regulatory hurdles, concerns about data security and privacy, and the ongoing need to address financial literacy gaps amongst first-time investors. Competition, while driving innovation, also necessitates constant adaptation to maintain a competitive edge. Further development in areas such as artificial intelligence for personalized investment advice and enhanced security measures will likely shape the market landscape in the coming years.
In 2024, several digital banks had substantial customer bases in the United States. Cash App led the market with ** million users, followed by Chime with **** million users as of April 2024. Ally Bank, Robinhood, and Dave each had approximately ** million customers. SoFi trailed behind with *** million users as of September 2024. Among these leading digital banks in the U.S., only Cash App was among the five leading neobanks worldwide based on customer numbers.
The number of active monthly users of the commission-free trading app Robinhood grew steadily since 2014, even though the app did not officially launch until mid-2015. The number of users grew from ************** in 2014 up to **** million, reaching a peak in 2021. While the number of active monthly users now rests at under ** million, the Average Revenue Per Users (ARPU) has increased. The app’s net revenue did also grow steadily since its official launch, reaching *** million U.S. dollars as of 2023. Robinhood and the GameStop story Robinhood was a key player in the GameStop story in January 2021, when they restricted the trading of GameStop stocks for a few days. The platform with its commission-free trading is known to be "for the young and poor" and their trading halt caused a lot of anger among its users, who called it market manipulation and claimed the company was helping the hedge funds. Did the GameStop story affect the number of downloads? The number of downloads of the Robinhood app increased markedly in April 2021. The number of downloads grew by almost five times compared to the previous month, reaching around 3.23 million downloads from Google Play Store and Apple App Store in April 2021. This increase show that the app had a central role for the GameStop stocks, where young investors saw an opportunity to make money with commission-free trades.