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Robinhood’s goal was not to build an app for day-traders or portfolio managers; it was to build an app for the first-time retail investor. There were 65 million people in America using online banking at the time, and about 20 million using Quicken and Money — which cost $30 – $70.
Alfa-Bank offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending. It is currently deployed at 20+ retail banks with over 500m transactions a year. Serviced out of offices in Europe, Asia, and the Americas.
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