News Formal

Robinhood is preparing for its 2021 IPO launch with Goldman Sachs - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Malaysia News News

ICYMI: Robinhood's IPO highlights the growing maturity of the wealthtech sector, although other trading apps will likely wait and see how it fares

Buoyed by their strong performance, some of these players may also consider launching IPOs. Yet, public market support for trading apps is untested.

As a result, the sector will likely wait for Robinhood to prove market appetite for their business model before taking the leap themselves.Join other Insider Intelligence clients who receive this Briefing, along with other Fintech forecasts, briefings, charts, and research reports to their inboxes each day.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Live event with Goldman Sachs on IPO outlook in 2021 - Business InsiderJoin us tomorrow, February 3 at 2:30 p.m. ET, as Insider's chief finance correspondent dakincampbell moderates a panel where IPO experts will discuss what you can expect for the year ahead.
Source: BusinessInsider - 🏆 729. / 51 Read more »