Robinhood lets Brits lend shares for extra income in bid to grow international footprint
In this photo illustration, the Robinhood Markets Inc. website is shown on a computer on June 06, 2024 in Chicago, Illinois. Online brokerage platform Robinhood on Wednesday launched a share lending program in the U.K. that would allow consumers there to earn passive income on stocks they own, in the company's latest bid to grow market share abroad. The stock trading app, which launched in the U.K. last November after two previous attempts to enter the market, said that its new feature would enable retail i ...