Robinhood transforms into Social Trading Platform, challenging eToro, Reddit, 𝕏, and traditional finance 😳📈; Lloyds acquires struggling FinTech Curve for £120M 🤝💸
FinTech is Eating the World, 11 September
Hey Everyone,
Good morning & happy Thursday! Today we’re looking at retail trading giant Robinhood, which is transforming into a Social Trading Platform, challenging eToro, Reddit, Elon Musk’s 𝕏, and traditional finance (what’s the USP here, why it’s actually brilliant & why it makes me even more bullish on HOOD 0.00%↑ + bonus deep dives into Robinhood’s, eToro’s latest financials & Elon’s Super App ambitions), and Lloyds Bank that just bought a struggling FinTech Curve for £120 million (why it’s a massive win for Lloyds, what does this indicate about the broader FinTech landspace & what to expect next + bonus list of priceless M&A templates so you wouldn’t lose $$$). Let’s just jump straight into the industry-changing stuff 🌶️
Robinhood transforms into Social Trading Platform, challenging eToro, Reddit, 𝕏, and traditional finance 😳📈
The news 🗞️ Retail trading giant Robinhood Markets HOOD 0.00%↑ announced a significant strategic pivot at its HOOD Summit yesterday, unveiling Robinhood Social, an integrated social trading platform that will launch in early 2026.
This move marks a fundamental shift in the company's business model, positioning it to capture a substantial portion of the rapidly growing social trading market projected to reach a whopping $24.3 billion by 2030 🤯
Let’s take a closer look at this, understand why it could be huge, and what’s next for Robinhood.