Robinhood gets 50,000 downloads on first day in Play Store
We’ve told you about Robinhood before – the free-to-invest stock trading platform – and last week we announced that the Android app was finally available for download. Co-founder Vlad Tenev appeared on CNBC to discuss the Android launch and shared some very interesting details about the company’s success and future plans:
- Surpassed $1+ billion in transactions
- Saved consumers $22+ Million in commissions
- 50,000+ Android downloads in first day
This is from a company that just launched in March and has until now only been available on iOS. Considering the stereotypical tendency for Android users to be advanced in technical proficiency but frugal disciplinarians monetarily, Robinhood stands to double their performance very quickly.
This is an app and a company on the rise, and lest we not forget, they’re supported by Google Ventures.
Give it a try: download Robinhood for Android.