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What You Need To Know About Certificate Of Good Standing

Sam Allcock
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What You Need To Know About Certificate Of Good Standing

What is certificate of good standing? A certificate of good standing is an official document that states that the business is in good standing with its state. It means that the business has filed all of the appropriate taxes and legal papers with the Secretary of State’s office, which verifies it to be a legitimate organization.

You cannot obtain a certificate of good standing until you have satisfied your tax obligations and any lawsuits or liens against your business are resolved. A certificate of good standing can speed up transactions between companies because prospective buyers know exactly what they’re getting into when buying another company that holds a certificate of good standing.

Certificate of good standing requirements

Requirements may vary by state, but the following are common requirements for getting a certificate of good standing.

  • The company must be registered in the state where it’s headquartered. This can include corporations, LLCs, partnerships, etc.
  • The company must be current on all filing fees and taxes owed to the state where it’s headquartered.
  • There must not be any pending litigation involving the company itself or its directors/officers/employees.

That said, let us now look at some uses of the certificate of good standing.

Common uses for certificates of good standing

Having a certificate of good standing can benefit your business immensely. Here are some common uses of a certificate of good standing:

  1. Prove that your business is legal

One of the most obvious uses for certificates of good standing is to prove that your company or business is legal. A certificate of good standing doesn’t just state that your company hasn’t been involved in any lawsuits. It also includes information like your business name and location and the date your business was established. This makes the certificate a perfect proof for potential clients because they can be sure you’re not a scammer trying to trick them into buying something.

  • Increase efficiency during financial transactions

Businesses can make use of certificates of good standing to speed up financial transactions between businesses. For example, when one business is considering purchasing another, having evidence that shows the other business has a valid certificate can help with making decisions about how secure it would be to do such a transaction.

  • Proof of solvency and ability to pay debts

Often, businesses need to take loans in order to do some of their projects. Before any bank or financial institution gives you the loan, they need to be sure that you will be able to pay back the money that you borrow from them. For this reason, having a certificate of good standing can help prove that you are capable of paying your debts and will be able to do so in the future as well.

Take Away

Different states have different business entity laws. For that reason, you need to understand what your state laws are and if your company should register for the certificate of good standing.

As mentioned, having the certificate of good standing benefits your business in many ways; more reason, you need to register for one now!

LegacyFX Announces Sponsorship of Real Betis Balompié

Claire James
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LegacyFX Announces Sponsorship of Real Betis Balompié

LegacyFX, a multi-asset forex broker, has announced a new sponsorship deal with Spanish football club Real Betis Balompié, S.A.D, more commonly known as Real Betis. This partnership comes as part of the company’s methodology to bolster its global advertising capabilities and increase brand awareness. The CEO of LegacyFX commented on the new partnership, stating that the company was constantly on the lookout for fresh partnership opportunities to present the brand in promising and successful manners.

The initial length of the sponsorship agreement has been set at two years, with options for extension, if both parties remain amenable to its continuity. Benefits for the company through this partnership come in the form of increased brand awareness, through the company’s name being printed on the back of the team’s official jerseys. LegacyFX will also take advantage of other digital promotional opportunities included in the package, that will leverage the high popularity of football and spread the word to the club’s green and white supporters. For Real Betis, this is one of several partnerships that help to support the club, covering a total of around 35% of its annual turnover.

Founded in 1907, Real Betis plays at the Benito Villamarín Stadium in the Heliópolis neighbourhood of Seville, Adalusia, Spain, which seats up to 60,270 spectators. The club’s home colours are green and white, inspiring the nickname ‘Los Verdiblancos’. Throughout the club’s history, Real Betis has won the La Liga championship once and the Copa del Rey twice.

LegacyFX was established in 2017 as a fully regulated trading specialist. Over the past few years, the company has developed a strong reputation as one of the most respected, trusted, and transparent leaders within the industry. Its customer base has access to a wide portfolio of trading services including CFD and forex trading on more than 500 assets.

LegacyFX is also in the process of improving client relations internationally by ensuring its services are provided in a range of languages, as well as developing and improving its own in-house technology. New licenses have been obtained and new offices launched as part of its global expansion programme, that covers Belarus, Bulgaria, and South Africa.

Overall, LegacyFX hopes to continue its international marketing efforts through association with the globally recognised sport of football.

SwissAllianceFX Review: Choose Your Suitable Account Type for Online Trading

Sam Allcock
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SwissAllianceFX Review: Choose Your Suitable Account Type for Online Trading
SwissAllianceFX Best Demo Account.JPG

Different people can have different preferences and requirements regarding online trading. For instance, the needs and preferences of a novice trader and an experienced trader can be different. Therefore, in order to serve the purposes of different types of people, there should be several options for opening a trading account on a trading platform. SwissAllianceFX is such an incredible brokerage company that understands the requirements of the customers and offers four types of real accounts. Therefore, when you are opening a real trading account at this financial organization, you can choose your suitable account type from four different account types.

Real Account:

A real account or live account provides you the access to trade in the international financial market and make money from the market. Therefore, in order to trade and earn a real profit from the CFD and foreign exchange markets, you must have a real account with real funds. However, SwissAllianceFX does not impose any restraint or charge any fees for opening a real account. This financial provider also takes care of the safety of your funds.

Different Types of Real Accounts:

Considering the different requirements, budgets, and abilities of different traders, SwissAllianceFX offers four different types of real accounts such as- i) Silver, ii) Golden, iii) Platinum, and iv) Premium.

i) Silver: This account type is very much suitable for novice traders who have a small capital to start online trading and want minimal financial risks in the transaction.
ii) Golden: This account type is suitable for those who are not so much experienced but looking for better deals than the silver account.
iii) Platinum: This account type is perfect for experienced traders who want to make a good profit and understand how to manage the risks of online trading.
iv) Premium: This account type is designed particularly for professional traders who have significant market experience and know well how to make money from the market movements.

Islamic Account:

If you are a Muslim and want to follow the principles of Islamic law regarding Riba (interest) and banking activity, you can open an Islamic account at SwissAllianceFX. When you can not trade interest sustaining accounts for religious reasons, you should open this account type to enjoy swap-free or interest-free trading. If you have an Islamic account, you do not have to violate Sharia law or pay any fees. However, you can trade on all the trading instruments with this account and can enjoy the facility of different deposit and withdraw methods and hedge positions like any other accounts.

Open a Real Account at SwissAllianceFX:

Opening a real account is very easy at SwissAllianceFX. First, you have to fill up the registration form, and then, you have to provide proper documents for the verification of identity. Then you should deposit money in the funds of your account so that you can trade in real-time. Therefore, you should open a suitable real account immediately at SwissAllianceFX to experience the thrill of online trading.

Bringing Your Business Into Step With Financial Regulation

Sam Allcock
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Bringing Your Business Into Step With Financial Regulation

Businesses of all sizes are playing a risky game when they don’t adhere to financial compliance rules. Financial Conduct Authority figures establish that over £190 million in fines were issued by the end of 2020 to businesses who had failed to meet their regulatory standards, with other measures – like prohibition – following. What’s more, it’s not just the big banks who were impacted – small businesses bore the brunt of large deductions, too, many of which can be threatening to the lifespan of the business. Having a unified financial regulation system in place and then keeping up with changes will help your business to stay safe and fulfil its duty.

Managing compliance

As noted by the Business Leader magazine, there are huge amounts of changes on their way in the UKs financial regulatory environment. The economy has changed in drastic fashion over the past year – regulators are now scrambling to keep up. As a result, it can be difficult for non-experts to get a grasp of what regulations are needed and how to ensure they are met. According to industry authority MirrorWeb, one way that businesses are helping themselves to stay in line is through the use of unified platforms. These enable a third party to manage financial compliance in such a way that it can remain up-to-date with the latest developments. It’s important for businesses to note, however, that they are still liable for any breaches.

Enduring rules

While changes are afoot, there’s not any reason to believe there will be a huge shakeup of how the market works. According to The Guardian, analysts throughout the City of London have noted how the current rules are what makes Britain an attractive place for businesses to work. The level of financial regulation in place gives some degree of confidence in British businesses and markets that aren’t necessarily found elsewhere. As a result, lawmakers and business voices are not predicting wholesale change away from the systems in place today. Instead, new developments on these systems are likely to occur, and that will filter down to every single level of a business.

Greater awareness

According to London legal experts Sherman & Sterling, there will be further change on the way and it will be in such a way that it impacts day-to-day workers. The Gloster Review, published in December 2020, is yet to be implemented, but recommends that workers in businesses have a long-term awareness of the changes that have been made in financial regulation. This raises the prospect of employers providing greater levels of training and education to their workers to ensure that they’re making the best effort that they can in combating financial regulation breaches.

What does this mean for small business? Sit tight, and continue fulfilling your regulatory requirements. The market is going to continue to favour these sorts of rules to help businesses grow and to keep the economy moving. Fulfilling your duty, and being aware of change in the future, will tick a lot of boxes in that regard.

7 Helpful tips on maintaining laminate flooring

Sam Allcock
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7 Helpful tips on maintaining laminate flooring

While laminate floors may resemble hardwood floors in appearance, they need not be cleaned in the same manner. The finest approach to clean laminate floors isn’t the same as the strategy you’d use to polish oak planks. Laminate flooring requires extra attention since, unlike hardwood, the surface cannot be restored if stains or damage occur. It’s vital to maintain your flooring and treat them with care to avoid costly replacements. Here’s how to clean laminate floors like an expert, whether you have new laminate flooring or simply want your old ones to appear as wonderful as they did the day they were placed.

1. Read the laminate flooring’s cleaning directions carefully.

Consult the manufacturer’s directions for your floors before you begin cleaning. Based on the materials used, the brand may have special suggestions. On most firms’ websites, there are thorough product manuals and directions on how to clean laminate flooring.

2. Avoid abrasive tools.

Even if you have cheap laminate flooring, it doesn’t mean you don’t have to pay any attention to it thinking it is cheap to replace. Avoid putting anything abrasive on laminate flooring since it can scratch them (steel wool, for example). To sweep up the debris, use a soft-bristle broom or dust mop. If you’re vacuuming, avoid using attachments that don’t include a beater bar or rotating brush since they can scrape the surface.

3. Don’t use a lot of water.

Traditional mopping is not recommended for laminate floors due to the risk of water seeping into the seams and causing damage (like swelling or floor bubbling). Staining or fading can also be caused by pools of water.

4. Mop your laminate floor every two months (carefully).

Mop your laminate flooring every two months to keep them looking new. Microfiber mops (also known as damp mops) are soft enough to use on laminate floors. If you’re going to use a standard mop, simply wring it out until it’s nearly dry.

5. Don’t allow stains to sit on the floor for long periods of time.

Spills should be dealt with as soon as they occur. The best approach to avoid stains is to clean up spills as soon as possible. Liquids can damage laminate floors, so it’s important to keep them as dry as possible.

6. Use only laminate-specific cleaning chemicals.

As a result, oil-based cleaning agents produce streaks and residue, as well as damage the protective sealant of flooring. Instead of using it directly on the floor, use a mop or microfiber cloth and apply it gently. 

7. A welcome mat should always be placed on the ground.

You can ruin your floor by tracking dirt in from the outdoors. One of the worst enemies of your laminate floor is dirt from a dirty shoe bottom. Grit dirties, dulls and can even harm laminate floors. You can stop dirt in its tracks by providing guests with a welcome mat that allows them a chance to wipe off their shoes.

Inc & Co Enters Travel Market With Acquisition of Baldwins, One of UK’s Oldest Travel Agencies

ABC Staff
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Inc & Co Enters Travel Market With Acquisition of Baldwins, One of UK’s Oldest Travel Agencies

A multi-million-pound takeover of Baldwins Travel, by business group Inc & Co has secured the travel agency’s high street presence across Sussex and Kent.

Established over 120 years ago, the Tunbridge Wells-headquartered company currently employs more than 50 staff across eight branches, all of which will be protected under the move to the new owner.

The acquisition of the business – established in 1895 – follows a challenging year for travel, but the investment will allow Baldwins to navigate its way out of the difficulties presented to the sector during the pandemic.

Jack Mason, Group CEO of Inc & Co, said: “We’re really excited to announce Inc & Co’s acquisition of Baldwins Travel, and we’ll be warmly welcoming the brand into our growing portfolio of businesses.

“Although it’s been a difficult year for the wider sector, we’re delighted to be in a position to secure the futures of Baldwins’ employees and branches across Kent and Sussex.

“Since our founding in 2019, we’ve grown the number of businesses we oversee and our employee headcount, from just 5 to 750 across 15 brands. We’re really excited to bring Baldwins’ established brand heritage and the expertise of its long-serving staff into the Inc & Co family.

“The Inc & Co team will be bringing our expertise in digital and e-commerce to the table – to re-ignite Baldwins’ offering and helping the team to accommodate pent-up holiday demand, both online and for their loyal customers in-store.

“Baldwins is a great business with excellent management teams already in place, which is why it will very much remain a family-run operation. Our plans looking forward to 2022 will see us invest in its tech infrastructure to ensure its online presence is on par with its in-store experience.”

Originally a bookbinder and stationer that started selling rail tickets, Baldwins grew to become one of the largest travel operators across the South Coast; now commanding a high street presence across Tunbridge Wells, Cranbrook, Lewes, Maidstone, Sevenoaks, Tenterden, Tonbridge and Uckfield.

Chris and Nick Marks – former Baldwins owners – will continue to remain within the business.

They said: “Being a family-owned and run business, we’ve had many very happy years at the helm of Baldwins. We have benefitted from fabulous long-lasting relationships with our customers, our team members and our trade suppliers.

“Going into the pandemic, we were a strong and successful business, but many industries and businesses have been upturned by Covid, and none more so than the travel industry. We were the first to be impacted and look to be the last to be able to recover.

“We have sought to ensure the excellent name of Baldwins Travel can flourish once again, which is why we are really pleased to be joining the Inc & Co team; who not only have a huge passion for travel but also have ambitions to invest in and develop the team, the brand and also the digital potential of the business.

“We are really pleased to be moving over to Inc & Co to help guide the business forward to new greater heights with the wider expertise from its portfolio of businesses and we would like to thank all our clients over the years for their custom.”

For more information on Inc & Co, please visit: https://incandco.com/ and for more information on Baldwins, please visit – www.baldwinstravel.co.uk

About Inc & Co:

Inc & Co is a Manchester-founded business group with brands across retail, property, digital, food & beverage, and logistics. The group spans the U.K with 750 staff and consists of incspaces, our UK-wide shared and flexible workspace, digital strategy agency, Skylab, and charity analytics firm, Wood For Trees. Inc & Co recently announced the launch of Inc Retail, with KNOMO London, Chopd, Laundrapp, Tootsa & Gut Instinct. Founded in 2019, the Inc & Co is headed up by Group CEO Jack

Mason.

About Baldwins:

We pride ourselves on service and partnerships and have won ‘Travel Agent of the Year – London and the South East for 12 consecutive years and ‘National High Street Travel Agent of the Year’ 4 times since 2014.

Bitraser File Eraser – A Comprehensive Review

Sam Allcock
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Bitraser File Eraser – A Comprehensive Review

We have files that we want to get rid of most of the time so that nothing is left behind permanently. Now you can do it with the assistance of a software called Bitraser File eraser by Stellar info. In this era of technology, our data is very precious, and we cannot rely on the simple delete key. This default delete option gets rid of the logical reference that is available on your hard drive. There is still a chance of your files being recovered by using any recovery software. This unsecured data can be a potential threat to anyone’s security.

Through this data out there, you cannot be safe as there are multiple ways that people can track you through the web browsing history, downloaded files, cookies, and much more. This data leakage can lead to the disruption of privacy. That is why you need Bitraser File Eraser software. It is an excellent app that can delete every file on your hard drive without any remaining trace. If you want to know more about this amazing software, keep on reading.

What Is a Bitraser File Eraser, and why is it used?

Bitraser File eraser is a file wiping software that is secure and helps you to erase confidential files, folders, volumes, saved login passwords, etc., permanently from your laptop’s desktops and servers. With the help of this software, you can altogether remove the files from existence, and there would be no way through which anyone could recover your data. This software is mainly used by enterprises that need to safeguard the data of their customers or employees, especially when they have to comply with laws like GDPR to prevent data breaches. These enterprises use this tool/software to meet legal obligations to delete personal data after ending contracts or services securely.

Features Of Bitraser File Eraser:

Bitraser comes with many advanced features that set it apart from other kinds of data erasers. Following are some of the features of Bitraser:

  • Perfectly Erases files:

This software does not leave any space for the file to be recovered ever. It completely erases the files, folders, internet history, application traces, photos, videos, identity documents, etc. This software also provides its user to choose among the 3 standard international erasing algorithms.

  • Delete chat Messages:

Several mediums used for messaging like yahoo, ICQ, or skype are used by businesses and for personal use worldwide. These chat applications are designed to store your chat data securely that can be retrieved anytime. However, with the help of a Bitraser File eraser, you can erase all the traces of data stored by these applications.

  • Search data for Erasing:

The user interface of the Bitraser file eraser allows the users to search a file by the name or extension. Then its quick algorithm will instantly list the files you have searched and provide an option to select and delete the files from the list. It also has an option to set scheduled erasing tasks.

  • Generate Erasure reports:

Bitraser also generates a data erasure certificate after successfully erasing the files in a pdf format. These reports are often used for various statutory and regulatory compliance.

  • You need password to access bitraser:

Another great feature this software has is a password feature that only allows the primary user to have the software’s access and run it. It avoids unauthorized access and prevents others from using this software.

  • Erase Internet Files:

Biteraser also has a feature that allows users to delete their browsing data, internet banking logins, email logins, saved cards, auto form fills data and all kinds of hidden internet history. This software supports opera, Mozilla, chrome, safari, edge, etc.

Final Thoughts:

The Bitraser File eraser may seem like all the other erasing apps, but it is much safer and advanced from them as it provides better data protection. It is a very user-friendly software and has unique and advanced tools. There are other files erasing software, but Bitraser, compared to them, assures that it will delete your data permanently. It uses world-class standards to erase the data so that it is never recovered and gives you a pdf certificate for the erasure of assurance.

Bitraser File Eraser is equipped with multiple algorithms and works well. It is effortless, not complicated, is highly user-friendly, and is a very effective and excellent data protection app. You just need to download and install the software, and then it is good to go. It provides you with a 30-day free trial. We would 100% recommend you invest in this app to erode confidential data from your devices correctly.

Five unknown facts about Hotel Sail in Dubai: duplex apartments decorated with gold

ABC Staff
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Five unknown facts about Hotel Sail in Dubai: duplex apartments decorated with gold

The building constructed in the form of a beautiful white sailing ship, which so majestically rises above the horizon and looks advantageous against the backdrop of the blue of the Persian Gulf, is the famous luxury hotel Burj Al Arab. And if this information is still known to many, then below you will learn five facts about which little is said, but which will definitely complement your admiration for this hotel! AX Capital, luxury real estate agency in Dubai, possesses much more information than an ordinary tourist.

About Burj Al Arab

To begin with, let us recall what this luxury hotel is like:

  • Category: 5 stars;
  • Location: Dubai Marina – Jumeirah Beach Road;
  • Own helipad at an altitude of over 200 meters;
  • Predominance of luxurious golden shades in the interior.

Now let us move on to the facts that you might not know about.

Fact # 1: Duplex apartment

There is not just the presence of two-level rooms – all, absolutely all rooms are like this. The minimum area of ​​the room is 170 sq. m., and the largest one is over 650 sq. m. This room is a presidential suite for the whole family, as it has as many as three bedrooms.

Fact # 2: Real gold

And this is not a metaphor: the decor elements of the hotel rooms are indeed inlaid with real 24-carat gold. It is known exactly how much gold was used in the chambers of this palace – there is data on the hotel’s website that a total of 1790 sq. m. of interior decoration of Burj Al Arab is covered with gold.

Fact # 3: Man-made island

Perhaps this fact will not seem surprising to a person who was in Dubai and saw, for example, the Palm Jumeirah island, also created by people. However, in relation to Sail, the structure itself, or rather, its durability, seems surprising: the huge building weighs, according to approximate estimates, 250,000 tons!

In order for the Sail to remain on the surface, 250 piles were erected under it, each about 40 meters high. The perimeter of the island is protected by special blocks from waves, which indicates the utmost safety of the building.

Fact # 4: Blankets with secret

Of course, the very fact that they offer warm blankets in the rooms in a hot country seems strange. Perhaps blankets are needed for those travelers who like to first create a fierce cold in the living space with the help of an air conditioner, and then cover themselves with a warm blanket and keep warm. One way or another, there are blankets, and not simple ones: eiderdown is used as a filler. This is one of the most expensive materials: fluff is obtained from abandoned nests; each nest can produce only about 20 grams of fluff. It is allowed to collect only 2000 kg of eiderdown per year. You can imagine how much one such blanket costs.

Fact # 5: Taking care of nature

The sail hotel houses a sea turtle hospital, where injured and sick animals are rehabilitated with the support of Dubai Wildlife Conservation Department.

Assistance in purchasing real estate in Dubai!

Staying in luxury hotels in Dubai is good. And it is even more beautiful to wake up every morning with a view of such magnificent buildings as Burj Al Arab! Finding accommodation overlooking the Sail or any other apartment in Dubai is an easy task for AX Capital. Contact the company to get qualified assistance with any questions in the field of Arab real estate.

Why do you need an exhibition stand?

Sam Allcock
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Why do you need an exhibition stand?

As digital convenience and online retail capabilities increase, many companies don’t recognise the true value of personal interactions today, but there is a reason why convention centres and trade events are consistently packed with visitors. Even as technological advancements continue through the digital age, exhibition shows will continue to be widely popular. They are a powerful tool that can help you stand out and take your business experience to the next level.

Your exhibition stand is a lot more than just a space to vaguely greet possible customers, it is an interactive setup where visitors can truly get to know your business, products, and team. At Showplace Ltd we can bring your ideas and vision for your exhibition stand to life, creating unique and bespoke products that will draw the attention of visitors and show off your brand identity. With over 30 years’ experience in the industry our professional team can make exhibition stands that effectively promote any sector, product, or service no matter how niche, even if your company offers hydraulic repairs and plant maintenance.

6 reasons why you need an exhibition stand to promote your business

1) It can define your brand

Exhibition stands can define your identity as a company. When you attend an exhibition or trade show, visitors will see hundreds of other businesses as well as yours, each providing a basic image of their unique selling points. Being part of an event with an eye-catching stand ensures you are part of the trade show buzz and can help you uncover exciting leads that you might have otherwise missed. No matter what events you want to attend, you should make sure your stand design reflects the values, ethos, and products of your business to effectively stand out from the competition.

2) It allows you to interact with your audience

Trade shows and exhibitions are a great way to network and interact with your key target audience face to face. Your exhibition stand gives your team the unique ability to meet prospective customers and build valuable and long-lasting relationships. It is beneficial in forming new business opportunities and maintaining good relationships with your existing clients. Nothing can form a stronger foundation for a relationship than a warm handshake and an engaging conversation.

3) It sells products

Exhibition stands are ideal for showcasing products or services to your target audience. They allow you to show and tell everyone what your product does and how it will benefit them. To have a successful event, make sure your graphics are consistent with your branding and are cohesive with your objectives. It is helpful to organise your stand design from your visitor’s point of view and try to plan ahead what questions they might ask about your products.

4) It highlights your unique selling points

A good exhibition stand should tell possible customers who your company is and what products or services you provide, but more importantly, it needs to highlight the unique benefits your business has to offer. It provides a great opportunity to tell your audience why they should choose your company over your competitors. You can communicate this through giveaways you offer, interactive technologies, quizzes, and carefully designed graphics.

5) It can help to launch new products

Exhibition stands offer you a useful platform to launch new products or offer special limited deals. There is no better setting to create excitement about the latest products your company has to offer than a trade show. For example, you can host demonstrations to let your visitors try out your products first-hand, and live demos will attract more people to your display. You could also give out free samples and leaflets, including product display shelves and informative graphics to fully make the most of your exhibition stand and promote engaging new products and offers.

6) It can spread your message further

Face to face marketing is one of the most powerful and effective tools available and it will never become outdated. It can build confidence and trust between you and potential customers and offers significant benefits to your business. Trade shows and events can help you expand your customer base and even gain international exposure. You can take your company and message of your brand to as many locations as you want. Modular and pop-up exhibition stands can be easily transported and used multiple times, so you can deliver an impressive, high-quality stand at every event you attend.

Contact Showplace today for all your exhibition stand needs. 

Arresting Robinhood’s Slump: Can the World’s Most Popular Retail Investing Platform Bounce Back?

Sam Allcock
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Arresting Robinhood’s Slump: Can the World’s Most Popular Retail Investing Platform Bounce Back?

Robinhood’s debut on the NASDAQ was heralded as one of the biggest flotations of 2021, but after a period of early volatility, shares in the wildly popular retail investment app have been steadily declining throughout August and September. Could HOOD’s slumping price represent an attractive buy opportunity for investors? Or is it the beginning of a more prolonged regression? 

Shares in Robinhood have fallen some 29% between early August and early September, leaving the investing platform with a market cap of $36 billion and a share price that’s hovering around the $40 mark at the time of writing. 

Although the past month hasn’t been filled with inspiration for investors, it’s worth noting that share prices still remain higher than HOOD’s initial NASDAQ debut, trading some 15.77% higher than its opening day, at the time of writing. 

It’s also worth noting that Robinhood’s $36 billion market capitalization falls almost perfectly in line with the company’s pre-IPO valuation, perhaps indicating that the past month of corrections represents more of a reversion to a stable value. However, this still won’t come as good news to shareholders who bought in during the peak of the stock’s early volatility. 

Forbes notes that the US Securities and Exchange Commission Chairman Gary Gensler has indicated that the agency is considering outlawing the payments for order flow business model in which Robinhood relies on as a zero-commission brokerage. 

While the operating model is highly controversial due to the selling of users’ order flow as a means of making money without a traditional commission system in place, it also appears to be popular among retail investors. 

(Image: Nasdaq)

As we can see from the available Nasdaq data, the payment for order flow operating model that enabled retail brokerages to offer zero commissions on trades helped to spark a boom period in terms of adoption. The threat of the SEC ripping this model out is likely driving Robinhood’s share price lower as investors steer away from the uncertain climate. 

The Threat of PayPal

Another piece of emerging news that’s affecting Robinhood’s share prices stems from PayPal’s wading into the investment ecosystem. The payment giants are reportedly looking to launch a stock trading feature that would come into direct contention with Robinhood and Square’s similar features. Although sources have claimed that the feature won’t be arriving in the short term, the news indicates some of the larger existential threats to the freshly public company. 

According to CNBC, the payment processing company reportedly hired brokerage industry expert, Rich Hagen as part of its move to develop a leading platform for investment. 

Although PayPal is yet to confirm its plans, CEO Dan Shulman’s comments at the company’s investor day in early 2021 highlighted that the long-term vision of the company was to incorporate more financial services into its range of offerings – including “investment capabilities.”

(Image: SeekingAlpha)

Although PayPal is a global leader in the fintech sector, there’s no doubt that the platform would have to do some considerable work to interrupt Robinhood’s impressive 2021 growth – in which the company almost doubled its active user base across just two-quarters. 

Room for Growth

Despite Robinhood clearly facing a battle to consolidate its position at the pinnacle of retail investing apps, CNBC’s Jim Cramer has been vocal in his support for the platform and the direction that it’s heading – indicating that the current price of Robinhood’s stocks represented a buy opportunity for investors. 

“As Robinhood branches out into other forms of finance, including ‘buy now, pay later’ cards, I think CEO Vlad Tenev’s army of 22 million users will grow and become more powerful,” Cramer said, highlighting how the app has captured the attention of younger retail investors. 

“That’s why I’m telling you that Robinhood can be bought here. If Square can rally 10% on this Afterpay deal, imagine what Robinhood could do if they acquired someone else in the industry — think Affirm. The stock would soar.”

Maxim Manturov, head of investment research at Freedom Finance Europe says “Robinhood created an easy-to-use stock trading app, with the number of active users growing from 4.30M in 2019 to 17.70M in Q1 2021. Meanwhile, the total earnings rose from $277.533 million in 2019 to $958.833 million in 2020 (+245% YoY), and from $127.550M to $522.174M in Q1 2021 (309% YoY). The net profit margin in 2019 was at -38.39%, in 2020, at 0.007%, and in Q1 2021, at -36%. Overall, given the current performance and business model, Robinhood may have more growth potential moving forward.” 

It’s also certainly worth highlighting Robinhood’s incorporation of crypto assets into its offering for investors. Although the cryptocurrency market has experienced some severe volatility moving into the summer months, the adoption of currencies like Bitcoin has been accelerating as retail investment platforms have offered easy access to assets. 

In the chart above, we can see that search intent for Bitcoin has risen in 2021 to levels that haven’t been seen since the coin’s famous rally of late 2017. 

Recently, Freedom Finance Europe projected a 35% yield over the coming three-to-six months for fellow cryptocurrency investment stock, Coinbase, citing growing trading volumes across the cryptocurrency landscape and product development. 

With some six million new cryptocurrency traders arriving on Robinhood in the opening two months of 2021 alone, we can see clear evidence that the popular brokerage has a commanding position across a wide range of markets – and far more than that of more traditional financial platforms. 

Although Robinhood’s share price has been steadily declining in light of regulatory uncertainty and the threat of new competitors, it’s worth noting that the company has already innovated its way towards winning over retail investors ahead of its traditional counterparts. If there’s any company out there that’s capable of arresting a slump and winning over investors, it’s certainly Robinhood.

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