App of US equity investment and cryptocurrency exchange, Robinhood is looking to expand overseas, writes TechCrunch. While the company has yet to issue an official statement about their expansion, their team has begun to "sneak out for a new office in London".
According to TechCrunch sources, Robinhood is currently exploring the fintech community in London for positions in various departments, including operations, recruitment, marketing, product design, customer support and compliance. Strong compliance support would be a crucial component of Robinhood's expansion in the UK, as the free securities trading app should be required by the local financial tax authority to obtain the appropriate licenses before entering the United Kingdom market.