California based consumer finance and investing app raised raised $280m in Series F funding at an $8.3b valuation led by Sequoia Capital.
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Robinhood raises $280m, pushing its valuation to $8.3b
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We’ve collected further data in the same vein, with Public (another free stock-trading app) reporting surging usage, and other fintech providers telling TechCrunch that more folks than ever are looking to save and buy stocks. Indeed, Robinhood later said that in March it saw “more than 10x net deposits” when compared to the monthly average it set in the last quarter of 2019.
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