Stock Trading app Robinhood has agreed to buy say Technologies for $140mn.
In Brief:
Say Technologies is an investor communications firm.
It helps broker-dealers give customers access to their vote.
It also includes a Q&A platform so shareholders can take part in events like earnings calls.
What does this mean?
Robinhood says the deal reflects its belief that “everyone should have the same access to the financial markets as Wall Street insiders” and Say Technologies will help Robinhood enable customers to feel more involved in their investments.