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August 9, 2022
Finance Technologies

Robinhood scraps UK expansion plans

Robinhood, the US stock trading app, has indefinitely postponed its plans to launch in the UK. “A lot has changed in the world over the past few months,” the fintech said After landing its licence last August, the fintech told Brits signed up to its UK waitlist on Tuesday that it was going to focus on its home market. Invalid licence? FinTech Futures spoke to UK law firm Harper James’ financial services solicitor John Pauley back in March, who said FCA-regulated firms are required to commence activity within 12 months of being granted a licence. Robinhood secured its licence on 7…
Robinhood scraps UK expansion plans

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