Palo Alto based stock trading platform raised $200m in Series G funding led by D1 Partners.
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Robinhood raises $200m in Series G funding at $11.2b valuation as its revenue scales
A $2.6b bump in vlauation in about a month is an impressive result, one that points to an inescapable conclusion: Robinhood is still growing, and fast. How fast is the question. There are three things to bring up in this regard: Trading growth at Robinhood, the company’s soaring incomes from selling order flow to other financial institutions, and, oddly enough, crypto.
