US Giant Robinhood is Coming to Europe
Hey FinTech Fanatic!
It all started with a trading app in California. Now, ten years later, Robinhood is not launching its first product in Europe — but it is finally bringing the product that started it all in the United States: stock trading.
The Bank of Lithuania has granted Robinhood Europe a Category A financial broker license — the highest available in the country — allowing the company to offer investment services across the European Union. Lithuania, once considered a FinTech underdog, now counts 14 licensed brokerage firms, serving more than six million clients across the EU.
Robinhood Europe was officially registered in Vilnius in August 2023, under the umbrella of its US parent company, Robinhood Markets. Leading the local operation is Laurynas Spangevičius, a well-known figure in Lithuania’s FinTech scene from his previous role at Revolut Bank Lithuania.
Robinhood’s entry into Europe began in late 2023 with the launch of its crypto trading platform in the EU, offering access to over 25 cryptocurrencies. In early 2024, the company expanded into the UK with commission-free stock trading — marking its first international brokerage launch.
Read more global FinTech industry updates below 👇 and I'll be back with more tomorrow!
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#FINTECHREPORT
📊 The Future of Deposits 2025.
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BLOCKCHAIN/CRYPTO NEWS
🇱🇹 Robinhood is coming to Europe. The Bank of Lithuania has granted Robinhood Europe a Category A financial broker license. It is the 14th company to be granted a financial brokerage license in Lithuania, and the WealthTech market participants licensed in the country serve more than 6 million clients across the EU.
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DONEDEAL FUNDING NEWS
💰 Spotlight on this week’s FinTech deals, with the United States 🇺🇸 in the spotlight, sealing 6 of our top 10 deals.
The Payments vertical led with 3 deals👇
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M&A
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