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Wednesday, April 26, 2017

Robinhood stock trading app confirms $110M raise at $1.3B valuation

{rss:content:encoded} Robinhood stock trading app confirms $110M raise at $1.3B valuation http://ift.tt/2p4cLxb http://ift.tt/2oJtgeD April 26, 2017 at 04:00PM  Zero-fee stock trading app Robinhood has joined the unicorn club thanks to reaching 2 million users and 17% month-over-month growth of its revenue-driving Robinhood Gold subscription product. The startup confirmed to TechCrunch that it’s raised a $110 million Series C at a $1.3 billion valuation led by DST Global, with participation by existing investors NEA, Index Ventures and Ribbit… Read More

2 comments

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