Standard Silicon Valley business model - get as many people on the platform as possible, and then monetize later (probably as a marketing channel, but they also have some other monetization strategies in the works). They batch their transactions, and they are themselves a broker dealer, so their internal per-trade cost is extremely low.
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Standard Silicon Valley business model - get as many people on the platform as possible, and then monetize later (probably as a marketing channel, but they also have some other monetization strategies in the works). They batch their transactions, and they are themselves a broker dealer, so their internal per-trade cost is extremely low.