Robinhood completed the acquisition of X1 for $95m.

Robinhood, an American financial services company, completed the acquisition of X1, a credit card platform company, for $95m. “This acquisition will bring us closer towards our goal of serving the entirety of our customers’ critical financial needs. Together with X1, Robinhood will now be able to offer our customers access to credit,” Vlad Tenev, Robinhood Co-Founder and CEO.