FCA Authorises Robinhood to Operate in the U.K. - hell yeah!

Robinhood International, Ltd., a Robinhood subsidiary, has been authorised by the Financial Conduct Authority, which regulates U.K. financial services, to operate as a broker in the U.K. 

This authorisation will enable Robinhood to bring their investing platform to customers in the U.K., and is a critical step to achieve our mission of democratising finance for all.

Additionally, worth to notice that Wander Rutgers was appointed as a President of Robinhood International. He will lead the U.K. business and oversee the new London office. Wander has a deep background in fintech, joining Robinhoof from Plum, where he spearheaded the investing and savings product. Before that, Wander led product, compliance, and operations teams at TransferWise, and was instrumental in expanding into new markets. Seems like a right person on a right position ;)

“Today marks the beginning of a new chapter for Robinhood, and we’re excited to take the first important step towards bringing our investing platform to customers in the U.K. I’m thrilled to be a part of Robinhood and our effort to expand into a new international market.”

– Wander Rutgers, President, Robinhood International

Robinhood's London team is already growing, and company is hiring across compliance, operations, user research, and marketing. Check out the open roles, and stay tuned for the U.K. launch! I definitely will since really want to give the app a try!

Source: Robinhood.