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HomeBankingRobinhood reignites plans for UK expansion with chief exec hire

Robinhood reignites plans for UK expansion with chief exec hire

Date:

US stock trading app Robinhood revives its delayed UK launch by appointing Jordan Sinclair as the UK chief executive.

Facts

  • Jordan Sinclair is appointed as the UK chief executive for Robinhood, according to the FCA’s financial services register.
  • Sinclair assumed the position on 18 July 2023.
  • Sinclair previously served as managing director for UK stock trading app Freetrade from March 2022 until April of this year.
  • During his time at Freetrade, he oversaw its expansion into Sweden in November.
  • Prior to Freetrade, Sinclair worked as director of group strategy and corporate development for Barclays for almost three years.
  • Robinhood’s attempt to enter the UK market seems to be renewed with this appointment.
  • Robinhood initially planned to launch in the UK in 2020 but postponed the plans indefinitely in July 2020 due to changes in world circumstances.
  • The specific launch date for Robinhood’s UK entry remains unknown at the moment.

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