According to The Information fintech startup Robinhood has big plans for fundraising rounds in the near future; the publication says the company plans to raise a fresh round that will value the firm at more than $7bn; there was additional details that an even larger round is coming after that which would value the company at more than $10bn; Robinhood last raised $363mn in May of 2018 which brought the valuation to $5.6bn; the numbers are just staggering for a company that initially had trouble finding interest from investors. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.