Robinhood Raises New Funding To Keep it’s Red Hot Growth Streak Going

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Robinhood, whose mobile based stock trading app makes it easier for millennials to invest, announced yet another successful funding round.

The fintech startup raised $323 million in Series E financing. Long since a unicorn, it’s valuation is now at $7.6 billion.

This new funding round was led by DST Global, with participation from investors including Ribbit Capital, NEA, Sequoia, and Thrive Capital.

Robinhood says they will use the new funding to keep expanding their business.