Sarah Patel's Avatar
published in Blogs
Aug 10, 2021
Robinhood (HOOD, $54.34) to buy Say for $140 million

Robinhood (HOOD, $54.34) to buy Say for $140 million

Robinhood  announced  that it will purchase fintech firm Say Technologies for $140 million, in an all-cash deal.

Say has a communication platform that crowdsources questions from retail investors and lets them interact with companies they invest in during annual meetings.

"Like Robinhood, Say was built on the belief that everyone should have the same access to the financial markets as Wall Street insiders," Robinhood said in a blogpost. "We share a common goal of eliminating the barriers that keep people from participating in our financial system."

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