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Robinhood to acquire TradePMR for $300 million, expanding offerings to $7 trillion RIA market

Robinhood Markets, the parent company of the popular trading app Robinhood, is set to acquire portfolio management platform TradePMR in a cash-and-stock deal valued at approximately $300 million, the companies announced on Tuesday. The acquisition marks Robinhood’s latest move to expand
The post Robinhood to acquire TradePMR for $300 million, expanding offerings to $7 trillion RIA market first appeared on Tech Startups.

Robinhood Markets, the parent company of the popular trading app Robinhood, is set to acquire portfolio management platform TradePMR in a cash-and-stock deal valued at approximately $300 million, the companies announced on Tuesday. The acquisition marks Robinhood’s latest move to expand […]

The post Robinhood to acquire TradePMR for $300 million, expanding offerings to $7 trillion RIA market first appeared on Tech Startups.

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