Hargreaves Lansdown swipes new chief executive from Vanguard Investing Britain’s biggest investment platform has poached a senior member of tracker funds giant Vanguard to be its new chief executive. Hargreaves Lansdown has appointed Matt Benchener as chief executive officer from July 2026, subject to regulatory approval. Benchener runs Vanguard’s personal investment business in the US, which has several million clients, and will join the [...]
Goodbye Nutmeg, hello Clove: New investing service lands £10m funding Business As the London fintech world bids goodbye to investing app Nutmeg, a new spice-themed alternative is about to rise up from the ashes. Investing startup Clove, a new venture from serial entrepreneur Christian Owens, has emerged from stealth after landing a bumper £10m funding round. The pre-seed round featured a host of prominent investors including [...]
Hargreaves Lansdown co-founder to step down from board Business The billionaire co-founder of Hargreaves Lansdown is stepping down as board director of the personal investment business months after its £5.4bn acquisition by private equity firms, marking an end to his involvement in the business. Peter Hargreaves, who created the UK’s largest DIY investment site with co-founder Stephen Lansdown in 1981, will be handing his [...]
Nearly $200m spent by online trading brands on sport sponsorship this season May 12, 2025 Online trading brand sponsorship in sport has edged towards $200m, industry research released on Monday morning suggests. A total of $183m was spent across sport during the 2024/25 sporting season, according to SportQuake’s newest Marketplaces report. Robinhood, Swissquote and eToro rank as the largest three sport sponsorship spenders while 20 different sports are represented across [...]
Neobrokers take aim at Hargreaves Lansdown and AJ Bell November 27, 2024 A crop of neobrokers are ramping up their challenges to the industry’s dominant players in what experts say could reshape Britain’s retail investment scene.
Robinhood boss says UK’s stance on crypto trading is ‘backwards’ November 17, 2024 The billionaire chief executive of investment platform Robinhood has said UK policymakers' stance on cryptocurrency trading is "backwards" compared to regulated forms of gambling.
Robinhood UK launches delayed margin lending investing October 21, 2024 Robinhood UK has launched a margin investing feature after it was previously delayed by regulators. Margin investing allows customers to borrow money from Robinhood, leveraging their existing holdings to purchase additional securities When Robinhood UK was launched in the UK in March, the company originally stated that it could charge 12 per cent interest on [...]
Revolut to launch retail wealth app in challenge to Robinhood and Etoro September 24, 2024 Revolut is launching a standalone app based on its wealth management offering as Europe’s most valuable fintech looks to challenge Robinhood and Etoro in the retail investor market. The Revolut Invest app will offer more than 4,000 financial instruments, including from US and European stocks, bonds, commodities and exchange-traded funds, the London-based company said. Equity [...]
Robinhood boss: Why UK public should trust trading and investing app after Gamestop saga September 10, 2024 In this episode of Boardroom Uncovered, the boss of Robinhood UK Jordan Sinclair talks about his journey from South Africa to the City of London, how the trading and investing app is taking on the likes of Hargreaves Lansdown and AJ Bell as well as what kind of a leader he is.
Robinhood UK chief: Our Gamestop customers have ‘matured’ June 6, 2024 Robinhood's UK chief Jordan Sinclair says the company has been through a period of "growing up".