Robinhood partners with NASCAR team 23XI Racing for the 2025 season, expanding its sports partnerships beyond the NBA.
The team is partially owned by global basketball legend Michael Jordan.
Michael Jordan watches as his teams practice during the NASCAR Cup Series Championship race.
Robinhood (NASDAQ:
HOOD) announced today (Tuesday) its first foray into motorsports through a new
partnership with 23XI Racing, the NASCAR team co-owned by basketball legend
Michael Jordan and veteran driver Denny Hamlin.
Robinhood Enters NASCAR,
Partners with Jordan-Owned 23XI Racing
The
collaboration, set to debut at the Goodyear 400 at Darlington Raceway on April
6, will see Robinhood's branding featured on team uniforms, equipment, and
select race cars throughout the NASCAR Cup Series season. The fintech company's
logo will appear on the No. 23 and No. 67 Toyota Camry vehicles driven by Bubba
Wallace and Corey Heim, respectively.
Steve Quirk, Chief Brokerage Officer at Robinhood
“By
expanding our presence into motorsports, we're able to reach a passionate,
engaged fanbase that's hungry to take control of all aspects of their lives,
including their finances,” Steve Quirk, Robinhood's Chief Brokerage Officer, commented.
NASCAR (National Association for Stock Car Auto Racing) is one of the most popular motorsports in the United States. It is consistently ranked as one of the most-watched sports in America, often coming in second behind the NFL in terms of television ratings. The live events can draw huge crowds, with some races attracting over 100,000 spectators.
23XI Team President Steve Lauletta
“As
Robinhood continues to expand their presence in sports beyond the NBA, we're
proud to partner with them and look forward to bringing the intensity of NASCAR
racing to their growing customer base,” 23XI Team President Steve Lauletta
welcomed the new partnership,
Driver
Bubba Wallace also expressed enthusiasm about representing Robinhood, praising
the company's “dedication to market accessibility and financial
literacy.”
Robinhood Invests in Sports
This
partnership continues Robinhood's strategy of engaging sports fans to build
brand awareness and reach new audiences. The company currently holds NBA jersey
patch sponsorships with the Washington Wizards, Memphis Grizzlies, and Miami
HEAT.
The first
agreement was signed with the Washington team and has been in effect since
October 2023. Subsequently, Robinhood entered into two more sponsorship deals
in September 2024, adding the Memphis and then Miami basketball teams to its
roster.
KLUTCH
Sports Group is currently responsible for helping establish new sports
partnerships, with CEO Rich Paul serving as a strategic brand advisor for
Robinhood.
Robinhood (NASDAQ:
HOOD) announced today (Tuesday) its first foray into motorsports through a new
partnership with 23XI Racing, the NASCAR team co-owned by basketball legend
Michael Jordan and veteran driver Denny Hamlin.
Robinhood Enters NASCAR,
Partners with Jordan-Owned 23XI Racing
The
collaboration, set to debut at the Goodyear 400 at Darlington Raceway on April
6, will see Robinhood's branding featured on team uniforms, equipment, and
select race cars throughout the NASCAR Cup Series season. The fintech company's
logo will appear on the No. 23 and No. 67 Toyota Camry vehicles driven by Bubba
Wallace and Corey Heim, respectively.
Steve Quirk, Chief Brokerage Officer at Robinhood
“By
expanding our presence into motorsports, we're able to reach a passionate,
engaged fanbase that's hungry to take control of all aspects of their lives,
including their finances,” Steve Quirk, Robinhood's Chief Brokerage Officer, commented.
NASCAR (National Association for Stock Car Auto Racing) is one of the most popular motorsports in the United States. It is consistently ranked as one of the most-watched sports in America, often coming in second behind the NFL in terms of television ratings. The live events can draw huge crowds, with some races attracting over 100,000 spectators.
23XI Team President Steve Lauletta
“As
Robinhood continues to expand their presence in sports beyond the NBA, we're
proud to partner with them and look forward to bringing the intensity of NASCAR
racing to their growing customer base,” 23XI Team President Steve Lauletta
welcomed the new partnership,
Driver
Bubba Wallace also expressed enthusiasm about representing Robinhood, praising
the company's “dedication to market accessibility and financial
literacy.”
Robinhood Invests in Sports
This
partnership continues Robinhood's strategy of engaging sports fans to build
brand awareness and reach new audiences. The company currently holds NBA jersey
patch sponsorships with the Washington Wizards, Memphis Grizzlies, and Miami
HEAT.
The first
agreement was signed with the Washington team and has been in effect since
October 2023. Subsequently, Robinhood entered into two more sponsorship deals
in September 2024, adding the Memphis and then Miami basketball teams to its
roster.
KLUTCH
Sports Group is currently responsible for helping establish new sports
partnerships, with CEO Rich Paul serving as a strategic brand advisor for
Robinhood.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
IG Group Expects About £300 Million Revenue in Q1 2026
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
