Robinhood Raises $363 Million

The new round puts a valuation on the company of $5.6 billion; they are now the second most valuable private fintech company behind Stripe; the firm now boasts 4 million accounts, surpassing their competitor ETrade; Robinhood recently has launched a number of different products and features including a new web version of their app, commission-free options trading and cryptocurrency trading; they have less than 200 employees, but plan to hire with he new round of funding. Source

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