Robinhood, a startup promising free stock trades, made a strong showing in rankings for Google Play store finance apps, coming in at No. 7, putting it ahead of Google Wallet, Venmo, Citibank, and US Bank.
Based in Palo Alto, Calif., Robinhood has $66 million in funding and is commonly cited as an attractive acquisition target for any institution wanting to work with millennials, meaning everyone.
Founded in 2013 by two Stanford graduates — where else? — Robinhood uses software instead of humans to runs its brokerage, much as Wealthfront and Betterment do with asset management.
Otherwise the rankings held steady from our previous tally on Aug. 6. JPMorgan Chase, Bank of America, Wells Fargo, Credit Karma, and PayPal own the Top 5 spots in both listings.
Here are the week’s Top 20 apps in Finance for iOS and Android:
Both lists were retrieved from App Annie around 10:30 AM EST.
Like This Post