FILE PHOTO: The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly
(Reuters) -Robinhood Markets Inc reported a 5% rise in fourth-quarter revenue on Wednesday, as interest income surged at the online brokerage in the wake of the U.S. Federal Reserve's rapid rate hikes through most of last year.
Robinhood allows eligible customers to borrow money to purchase securities and charges an interest on the debt.
