Fintech startup Robinhood raises fresh funds at $8.3 billion valuation

11:55am PDT - May 4th, 2020    td ameritrade - Reuters

Robinhood Markets Inc said on Monday it has raised $280 million in a funding round that valued the online brokerage at $8.3 billion as it benefits from new signups amid increased market volatility and stay-at-home orders due to the coronavirus.