Webull Prepares String of Product Launches to Compete with Robinhood

The volatility in the stock markets has put stock trading apps at the forefront of fintech in recent months; Robinhood is one of the top companies in the space and the fintech was just able to raise more than $275mn of additional capital; competitor Webull has found they are taking a lot of users from Robinhood and the fintech is planning a string of product launches this year; “That’s been the No. 1 thing we’ve been saying since we started — to give advanced tools and products that have never been available to the average investor,” Webull CEO Anthony Denier said to Business Insider; according to web analytics provider SimilarWeb Webull’s website visits grew to 2.9 million in April from 850,000 in December; visit growth is on par with Robinhood but overall users are small when compared to the more than 10 million accounts of Robinhood; Webull’s core customer is more mature than other fintechs with Grenier saying Webull is the second brokerage account for traders, not the first. Business Insider

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.