Robin­hood’s value tops $11bn on new fundrais­ing

The Daily Telegraph - Business - - Business -

Re­tail trad­ing app Robin­hood has raised new eq­uity that gives it a val­u­a­tion of more than $11bn (£8bn), a jump of al­most one-third from a pre­vi­ous fund in­jec­tion one month ago,

The Fi­nan­cial Times re­ported. The plat­form said New York-based hedge fund D1 Cap­i­tal Part­ners in­vested $200m in the com­pany.

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