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Robinhood reports 28.6m funded customers and $384bn in assets

Robinhood reported 28.6 million funded customers and $384 billion in total platform assets at the end of August 2026, as its product range expands beyond stock trading.

  • Robinhood reported 28.6 million funded customers and $384 billion in total platform assets at the end of August 2026.
  • In its second-quarter results, Robinhood said Banking had attracted more than $3 billion in deposits and its credit card business had surpassed $100 million in annualized revenue.
  • Robinhood said 4.7 billion event contracts were traded in August alone, up 15x year-over-year.

Robinhood reported 28.6 million funded customers and $384 billion in total platform assets at the end of August 2026, according to figures cited ahead of a TechCrunch Disrupt 2026 session featuring Abhishek Fatehpuria, the company's Vice President of Product Management for Brokerage.

The company, which became known for commission-free stock trading, now spans investing, banking, credit, crypto, retirement and prediction markets, with recent launches pushing into AI, private markets and international expansion.

In its second-quarter results, Robinhood said its banking business had attracted more than $3 billion in deposits, its credit card business had surpassed $100 million in annualized revenue, and prediction markets had traded more than 3.5 billion contracts through that point.

Robinhood is also experimenting with AI-powered investing tools, including Cortex and Agentic Trading. In Q2, the company said nearly 100,000 customers had already opened Agentic Trading accounts, which allow users to trade equities, options and crypto through AI-powered agents.

Prediction markets have become one of its fastest-growing businesses. Robinhood said 4.7 billion event contracts were traded in August alone, up 15x year-over-year.

Fatehpuria is scheduled to appear on the Smart Money Stage at TechCrunch Disrupt 2026, held on October 13–15 at Moscone West in San Francisco.

Why this matters: The figures illustrate how far Robinhood's business has moved beyond its original trading proposition, with banking, credit and prediction markets contributing activity alongside AI-powered trading tools.

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