Banking while black and other hard questions

by Blakely Ada

This is the web version of The Ledger, Fortune’s weekly newsletter covering financial technology and cryptocurrency. Sign up here to get it free in your inbox.

Robinhood did something it’s never done before this month: the popular stock trading app stepped into politics, with a $500,000 donation to the NAACP Legal Defense Fund. I asked co-CEO Vlad Tenev about the donation, and he said it is an acknowledgment by Robinhood—which has long favored feel-good marketing gloss over real-world actions—of the urgency of civil rights issues in the wake of George Floyd’s death.

You may also like

Leave a Comment