Way back in April 2013, Vladimir Tenev and Baiju Bhatt established an institutional brokerage company called Robinhood, deriving their name from "provide everyone with access to the financial markets, not just the wealthy". They made financial investing accessible to everyone by offering zero-commission stock trading, exchange-traded funds, cryptocurrency trading, and banking through their application that can be downloaded on mobile phones.
They just don't make financial investing convenient and accessible through Robinhood, but they also made investing worthwhile for the investors. Robinhood is also a member of the Securities Investor Protection Corporation (SIPC), which means that investing with them is completely risk-free and secure.
Robinhood has distinguished itself as a private company that has attracted a vast number of users since it was established. In fact, it is considered one of the fastest-growing fintech start-up companies, and that made them stand out among other brokerage companies.
Robinhood has always demonstrated to us that they are very much capable of making themselves popular by making brilliant moves in order to stand out among their competitors even before they launched in 2013. As of 2020, Robinhood had shown impressive user growth by gaining 13 million users, who are various types of investors from all over the world, and gained 6 million more users only in the first two months of 2021.
Meanwhile, according to Forbes, the current valuation of Robinhood has already risen to 44 billion AED as of 2021. So, if you're still wondering whether it's worth investing in Robinhood before it goes public, here's your answer. Their innovation and growth over the years show that it is worthwhile to take the risk before they finally conduct their initial public offering this year.
Just recently, last March 23, 2021, Robinhood has filed a confidential IPO by submitting the initial draft of S-1 to the Security and Exchange Commission (SEC), which is an important step before a private institution goes public. Since they have filed their IPO confidentially, it means that they have not exactly revealed all the details of their public offering such as the expected date, as well as the price range, share count, and total valuation to the public. Some reports say that the stock-trading application, Robinhood, is expected to go public by the first half of 2021, which is the month of June, while some also say that their public offering might be moved to the third quarter of 2021.
Although the exact IPO date is unknown as of now, we can safely assume that Robinhood could go public any moment now. Pre-IPO investing in Robinhood is the best thing to do while waiting for their initial public offering. Invest in Robinhood's pre-IPO shares right now!
Since Robinhood is an American financial company, you might wonder if it is possible to invest in Robinhood outside the United States. In the law of the United States, that also regulates the United States investment securities, there is no such provision specified that forbids non-American citizens to own stocks of America-based companies, including Robinhood, which implies that you can invest pre-IPO in Robinhood even if you are not based from the United States.
Now that we know that investing pre-IPO in Robinhood outside the United States is not a problem, why not invest with them now? Investing Robinhood pre-IPO is made easier here, especially if you are from the United Arab Emirates. The clock is ticking, and Robinhood might go public anytime real soon!