It has added six million customers on its platform and also announced its new clearing service.

The Menlo Park based company had been working on its clearing service for the past two years.

Apparently, Robinhood doesn’t seek to depend on third parties for clearing services.

Roughly 70 Robinhood employees built the “Clearing by Robinhood” technology in Lake Mary, Florida.

Following their footsteps, Robinhood created Robinhood Securities in 2016.

The announcement will also mark the end of Robinhood’s relationship with Apex Clearing, its existing third-party customer asset clearing service.

Christine Hall, product lead for Robinhood Clearing, commented on the development, saying that their team had “No guidebook, or industry talk” to create this new technology.