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A comment on Robinhood raises $323M at a $7.6B valuation. Parent comment

Re:Robinhood raises $323M at a $7.6B valuation by QuackingJimbo on Monday July 22, 2019 @02:35PM (#20500866)
The ones who charge a fee don’t make interest on your balances.
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Re:Robinhood raises $323M at a $7.6B valuation by benj111 on Monday July 22, 2019 @02:42PM (#20500951)
Yes they do.

" 57% of Schwab’s revenues are from net interest"

https://www.kalzumeus.com/2019/6/26/how-brokerages-make-mone...

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Re:Robinhood raises $323M at a $7.6B valuation by pertymcpert on Monday July 22, 2019 @05:42PM (#20502591)
No, no, no.
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