SCBX Announces the Termination of the Robinhood Application Service

: SCBX Announces the Termination of the Robinhood Application Service

SCBX Announces the Termination of the Robinhood Application Service

Effective from July 31, 2024

SCB X Public Company Limited (SCBX) hereby announces the cessation of services provided by the Robinhood application, operated by Purple Ventures Co., Ltd., a subsidiary of the SCBX Group. This discontinuation will take effect on July 31, 2024, at 20.00 hrs., marking the completion of its mission to support merchants, riders, and small businesses throughout the COVID-19 pandemic.

In the span of four years, particularly during the peak of the COVID-19 crisis, the Robinhood application has played a pivotal role in mitigating the challenges faced by merchants and businesses in Bangkok, its surrounding metropolitan areas, and key tourist destinations. Robinhood has steadfastly supported these establishments until they could resume normal operations. Furthermore, the platform has been instrumental in creating jobs for tens of thousands of riders during difficult times, ensuring fair treatment and significantly enhancing their livelihoods. For customers, Robinhood has served as a mediator for providing a variety of choices at equitable prices, becoming a platform of kindness throughout the national emergency with full financial support from the SCBX Group.

With the subsidence of the COVID-19 crisis and the stabilization of business sector, Robinhood has decided to end its role. SCBX Group extends its gratitude for the continued patronage of customers and business partners for existing and forthcoming platforms.

To ensure a smooth termination of services from the Robinhood application and minimize impact on customers, merchants, riders, drivers, and all stakeholders, please note the following important information:

  • From July 31, 2024, at 20.00 hrs. onwards, customers will not be able to use the Robinhood application permanently.
  • Merchants, riders, and drivers can use the Robinhood Shop, Robinhood Rider, and Robinhood Driver applications for transactions until July 31, 2024, at 20.00 hrs.
  • For further inquiries, please contact the Robinhood Call Center at 02-777-7564.

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