Category

Fundraising

Category

Covid-19 has resulted in terrible aftermath for traditional stock trading. However, things have been going great for the fintech app Robinhood. The company managed to raise $460 million with its latest extension of the Series G round. According to a company spokeswoman, with Series G’s release, its funding round rocketed to $660 million. Consequently, Robinhood’s current valuation stands at $11.7 billion. All of the newly raised funds come from subsequent closings of the same series.…