Robinhood Looks to be Valued at $5.6bn

The Wall Street Journal reports a new fundraising round led by DST Global will value the company at more than $5bn; the last valuation was about $1.3bn in 2017; popularity in the app has since jumped when it expanded to include cryptocurrencies bitcoin, ethereum and litecoin; since launching they have reached more than 4 million users and the new valuation will put them in the top 15 of highest valued private tech companies in the U.S. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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