Robinhood said to close $350m funding at $5.6bn valuation
Free stock trading platform Robinhood has reportedly closed a $350m new round of funding which values the company at $5.6bn.
Forge Global nets $150m as it receives FINRA approval
Forge Global, a private securities marketplace, has netted $150m in funding, alongside getting approval from FINRA to operate as a single broker dealer.
China-based Snowball Finance said to close its Series E on $120m
Snowball Finance has reportedly collected $120m in its Series E funding round to upgrade its services.
West African Derivatives Exchange raises ?13.5m to launch operations
Fledgling fintech company West African Derivatives Exchange has raised nearly ?13.5m ($17.8m) in equity since it launched in December.
Pipe raises $50m investment to support development of its recurring revenues trading platform
Pipe, which claims to be the world’s first trading platform for recurring revenues, has closed a $50m strategic funding round.
Alternative investments platform Yieldstreet reels in $100m to democratise private investing
Digital investing platform Yieldstreet secured $100m in a Series C funding round led by Tarsadia Investments.
Spark Systems said to raise $10.5m in new funding round
Singapore-based Spark Systems, an institutional forex trading platform, has allegedly raised $10.5m in its “Series BB” round.
Denmark’s Tradeworks racks up nearly DKK 3.5m in new financing
Danish online trading tools developer Tradeworks has raised almost DKK 3.5m ($500,000) from Singaporean investors and a local institution.
The Chainsmokers-backed neobroker Flink inks $57m to disrupt the investment industry in LatAm
Flink, a Mexico City-based neobroker, has raised $57m in a Series B round of funding led by Lightspeed Venture Partners.
Crypto-based neobroker Change valued at $214m after closing oversubscribed crowdfund round
Change, a cryptocurrency investing platform for retail investors, has closed a $4.5m crowdfund from 50 private investors at a $214m valuation.