Jordan Dane Sinclair has been appointed CEO of Robinhood UK Ltd.
Robinhood plans to establish an FCA-approved brokerage service for UK retail investors.
Robinhood is preparing to expand internationally in order to gain customers in the UK. According to Bloomberg, as a direct result, the US stock trading app has recruited a key executive from the British fintech business Freetrade.
On Tuesday, it was reported that Jordan Dane Sinclair has been appointed CEO of Robinhood UK Ltd, according to a document maintained by the UK’s Financial Conduct Authority. Also, accounts filed by its UK company in May indicate that after two failed efforts, the platform intends to provide brokerage services to retail investors in the UK this year.
Severe Competition from Rivals
Regulatory documents indicate that Robinhood plans to establish an FCA-approved brokerage service for UK retail investors before the end of the year, creating a requirement for several key jobs in the UK.
Moreover, Robinhood has sp
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