Robinhood, in Need of Cash, Raises $1B from Its Investors

Re:Robinhood, in Need of Cash, Raises $1B from Its Investors by briandear on Friday January 29, 2021 @09:31AM (#25957558)

Monzo refused because of FATCA. That happens with banks outside the US to “US persons” all the time. They should have told you that, but you can blame FATCA for the cause (passed during the first two years of the Obama administration.)

[ Parent | on HN ]

Re:Robinhood, in Need of Cash, Raises $1B from Its Investors by Gaelan on Friday January 29, 2021 @12:16PM (#25959709)

I'd be surprised if that were the case. Their sign up path seemed to know about and handle US citizens (asked for my SSN), and I can't imagine they'd go to that trouble if they were just going to silently and mysteriously deny me.

[ Parent | on HN ]