Cellular buying and selling platform is now valued at $7.6 billion, after elevating $323 million in a Collection E funding spherical, in accordance with the corporate. Final Could, the corporate raised $363 million in Collection D funding. Each rounds had been led by DST International.
After posting the funding announcement to social media, the corporate adopted up with feedback suggesting worldwide growth may very well be within the playing cards. In response to at least one inquiry about an growth to Italy, the corporate’s troubleshooting account famous, “We do hope to department out to Italy, and we’ll preserve everybody knowledgeable as we discover worldwide growth.” This January, the corporate was reportedly making ready for a launch within the U.Okay.
Robinhood is barely obtainable to U.S. residents with a sound social safety quantity proper now. We do hope to department out to Italy, and we'll preserve everybody knowledgeable as we discover worldwide growth.
— Robinhood Assist (@AskRobinhood) July 23, 2019
The corporate didn’t specify what initiatives the funding would assist, saying it might be used “to maintain pursuing our mission of democratizing finance for all.”
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