Robinhood rival Public.com raises funds at $1.2 billion valuation as retail trading booms

Robinhood rival Public.com raises funds at $1.2 billion valuation as retail trading booms

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-public-com-funding/robinhood-rival-public-com-raises-funds-at-1-2-billion-valuation-as-retail-trading-booms-idUSKBN2AH257

Online brokerage Public.com, which competes with Robinhood, said on Wednesday it had raised $220 million in fresh funds from new and existing investors, lifting its valuation to $1.2 billion.