One of the hottest fintechs has received another monster round of funding; Robinhood raised an additional $320mn to boost their seres F funding round and take the company to a $8.6bn valuation; the funding comes from new and existing investors, including TSG Consumer Partners and IVP. The fresh cash brings the round’s total to $600 million, and Robinhood plans to use the capital in hiring across offices, including a new Denver location. “Amid challenging times and market volatility, we’re humbled that people are turning to Robinhood to participate in the markets and build their financial future,” the brokerage said when it raised the first tranche, according to Business Insider. Business Insider.
