Tag: Robinhood

H1 2021 surpasses entirety of 2020 funding by $4.4bn, boosted by large deals over $50m

WealthTech companies raised $6.6bn across 162 deals in Q1 2021 with Robinhood completing a massive $3.4bn funding round.

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

The boss of Robinhood has apologised in front of a congressional hearing for the stock-trading app's behaviour amidst the GameStop chaos.

Stock-trading platform Public.com is about to close a Series D round, according to media reports.

Invoice management company Libeo has raised €20m in funding from partners at DST Global, Serena, LocalGlobe and Breega as well as a smattering of angel investors from FinTechs like Transferwise, iZettle, Klarna, Farfetch and Criteo.

WealthTech companies globally raised $9.3bn last year across 443 transactions setting a record for both funding and deal activity.

From GameStop chaos to how InsurTechs have benefited from the Covid-19 crisis, this is what you can learn from the 39 FinTech funding rounds of last week.

Robinhood has removed its restrictions on trading GameStop stocks after facing criticism from users and lawmakers.

Retail trading app Robinhood has secured another $2.4bn, adding to the $1bn investment announced last week.