“We believe in Baiju and Vlad’s mission to make the financial markets more accessible and cost-efficient for customers of all sizes,” Arrive President Neil Sirni said, referencing the app’s co-founders Baiju Bhatt and Vlad Tenev. “Robinhood will have our support as they execute the long-term vision of their company.”
Since Robinhood debuted in 2013, it has amassed more than three million users and is currently valued at $1.3 billion. In January, the company announced Robinhood Crypto, which allows users to partake in commission-free Bitcoin and Ether trading as well.
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