Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California. The company provides an electronic trading platform accessible via mobile app that facilitates commission-free trades of stocks, exchange-traded funds and cryptocurrency, as well as cryptocurrency wallets, credit cards and other banking services. The company's revenue comes from transaction-based revenues, net interest income, and subscription fees. The company has 24.3 million funded customers, 11.0 million monthly active users, and $152 billion in assets under custody. The company is named after Robin Hood, based on its mission to "provide everyone with access to the financial markets, not just the wealthy", with no commissions or minimum account balances. The company has been referred to as an innovator in zero-commission stock trading, as it relies on other sources of revenues. Robinhood has targeted millennials as customers; in 2022, the average age of its customers was 32. Wikipedia