Robinhood’s sinking value is proof that “free” can often be very costly

Robinhood’s sinking value is proof that “free” can often be very costly

2 years ago
Anonymous $Lfa9vBbL8e

https://techcrunch.com/2022/04/29/robinhoods-sinking-value-is-proof-that-free-can-often-be-very-costly/

One thing I love about fintech is the promise of unlocking more tools for more people. In a broad sense, the current era of fintech has done just that — people around the world now have access to financial services that were earlier either completely out of reach before, or, at a minimum, prohibitively expensive.

Neobanks, fintech APIs, new savings programs, infinite cards for different payment methods, stablecoins for cross-border payments, cheaper fiat transfers, and, of course, zero-cost trading have improved how the average person can use, store, and interact with money. It pretty much rules.

Robinhood’s sinking value is proof that “free” can often be very costly

Apr 29, 2022, 2:34pm UTC
https://techcrunch.com/2022/04/29/robinhoods-sinking-value-is-proof-that-free-can-often-be-very-costly/ > One thing I love about fintech is the promise of unlocking more tools for more people. In a broad sense, the current era of fintech has done just that — people around the world now have access to financial services that were earlier either completely out of reach before, or, at a minimum, prohibitively expensive. > Neobanks, fintech APIs, new savings programs, infinite cards for different payment methods, stablecoins for cross-border payments, cheaper fiat transfers, and, of course, zero-cost trading have improved how the average person can use, store, and interact with money. It pretty much rules.