Robinhood Buys Communications Platform Say Technologies for $140M
Robinhood announced Tuesday (August 10) that it has signed an agreement to acquire investment communication platform Say Technologies for about $140 million as an all-cash deal, subject to customary purchase price adjustments.
“Like Robinhood, Say was built on the belief that everyone should have the same access to the financial markets as Wall Street insiders,” the Robinhood announcement said. “We share a common goal of eliminating the barriers that keep people from participating in our financial system.” Continue reading
(Image Credits: press.robinhood.com)