Robinhood, the Silicon Valley-based stock and cryptocurrency investing app popular among younger generations for its "gamified," user-friendly interface and zero-fee trading, has reportedly decided to abort its launch in the United Kingdom “indefinitely”.
According to CNBC on July 21, Robinhood informed its British customers who had been signed up to the waitlist since November that the company will be focusing on its home market in the near future. A spokesperson stated: