HomeBankingRobinhood reignites plans for UK expansion with chief exec hire

Robinhood reignites plans for UK expansion with chief exec hire

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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