According to The Information fintech startup Robinhood has big plans for fundraising rounds in the near future; the publication says the company plans to raise a fresh round that will value the firm at more than $7bn; there was additional details that an even larger round is coming after that which would value the company at more than $10bn; Robinhood last raised $363mn in May of 2018 which brought the valuation to $5.6bn; the numbers are just staggering for a company that initially had trouble finding interest from investors. Source.
