SCBX Ex Ltd. (Public Company) or SCBX has announced the discontinuation of the Robinhood application service by Purple Ventures Limited or PPV. The app will cease operations starting from July 31, 2567, at 8:00 p.m.
SCBX stated that the service suspension is in line with the efficient fund management framework, and Robinhood has successfully carried out its mission to aid society amidst the COVID-19 pandemic.
The Robinhood app was launched in 2020.
Source: SCBX
TLDR: SCBX has decided to end the Robinhood app service provided by PPV, citing efficient fund management practices and successful social assistance initiatives during the COVID-19 pandemic. Robinhood app was launched in 2020.
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