Bobsguide
The rise of the digital retail investor
Across Europe, commission-free trading apps continue to gain traction. Robinhood had more than 3 million app downloads in January 2021, its highest on record, Coinbase had 1.3 million and China-owned Webull had more than 800,000.
The rise of the retail investor is upon us. But what does this mean for traditional financial services?
Join our panel of financial experts on Wednesday 19th May 14:00 BST as they delve into:
- The macro factors driving this rise
- Which institutions are responding?
Panelists:
Mintoo Bhandari - Founder and MD, Monument Bank
Nigel Sirett - Head of Digital Banking, Vacuumlabs
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This Week in Apps: Apple scolds adtech, Facebook hit with antitrust suits, Twitter buys Squad
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in global consumer spend in 2019. Not including third-party Chinese app stores, iOS and Android users downloaded 130 billion apps in 2020. Consumer spend also hit a record $112 billion across iOS and Android alone. In 2019, people spent three hours and 40 minutes per day using apps, rivaling TV. Due to COVID-19, time spent in apps jumped 25% year-over-year on Android.