Robinhood to Purchase X1 for $95M, Expanding Services Beyond Trading

  • Robinhood acquires no-fee credit card startup X1 for $95 million.
  • X1 underwrites customers based on income and offers rewards without an annual fee.
  • Acquisition aims to diversify Robinhood’s services and deepen relationships with existing customers.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications