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A comment on Robinhood Is Set to Raise at Least $200 Million in New Funding.

Re:Robinhood Is Set to Raise at Least $200 Million in New Fu... by AJRF on Friday May 24, 2019 @06:59PM (#20006029)
That's an insane evaluation for 2m customers, most of which are probably playing with small "if-this-goes-im-too-scared-and-no-longer-a-customer" amounts of money.

Robinhood are also hilariously inept; See the box-spread fiasco and the checkings and savings account.

https://www.reddit.com/r/OutOfTheLoop/comments/ah2x2t/what_i...

[ Parent | on HN ]
Re:Robinhood Is Set to Raise at Least $200 Million in New Fu... by travisjungroth on Friday May 24, 2019 @07:33PM (#20006167)
Robinhood wasn’t legally allowed to open checking or savings accounts, but no one said anything about checking and savings accounts. I mean, until the SEC and SIPC did. They said no.
[ Parent | on HN ]