According to the company's COO, the number of women using Robinhood surged by 369 percent year over year in March. The app is now used by 40% of all females in the world. The Financial Industry Regulatory Authority fined Robinhood $70 million in June for allegedly inflicting "widespread and serious harm" to clients. On social media, there have been demands to boycott Robinhood's IPO, claiming that the app mishandled the outrage that followed the GameStop debacle.