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Robinhood Officially Closes $280 Million Series F

Robinhood Officially Closes $280 Million Series F

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FintechNews RoundupUSA
··1 min read

The Series F round values the fintech company at $8.3 billion; the latest round continues a deceleration of valuations the company has seen since 2017 as the company seems to be ‘growing into its valuation as it scales’ according to TechCrunch; a blog post from Robinhood shares that they have added 3 million accounts this year; they have also recorded revenues of about $60 million in March or three times of revenues posted in February; back in March the company faced backsplash over three outages in two weeks at a time when markets were volatile; Robinhood declined to comment on whether this round was closed before the outages or before the coronavirus crisis ramped up. Tech Crunch

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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