Trading App Robinhood Set to Raise at Least $200 Million: Report
Cointelegraph
Published May 25, 2019 06:00PM ET
Trading App Robinhood Set to Raise at Least $200 Million: Report
United States-based stock and crypto trading app Robinhood is set to raise at least $200 million in a new funding round, Bloomberg reported on May 24.
Per the report, an unspecified source familiar with the matter told the outlet about the company’s plans to raise further funding. Moreover, Bloomberg reports that the round would increase the firm’s value to between $7 billion and $8 billion, but that the details could change.
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Written By: Cointelegraph
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