Trading app Robinhood’s technology and development spend is up 248% year over year to $156 million or 28% of total net revenues, the company reported during Wednesday’s earnings call. The Menlo Park, Calif.-based Robinhood also reported record total net revenues of $565 million in Q2, up 131% year over year. A chunk of that was […]
Robinhood technology and development costs surge 248% YOY
FintechTime Stamp: August 19, 2021 2:03 PM
Source Node: 1052172