Robinhood rival Public.com’s valuation soars to $1.2bn amid online trading boom
Public.com raises $220m in fresh funds
17 February 2021 - 18:55
Online brokerage Public.com, which competes with Robinhood, said on Wednesday it had raised $220m in fresh funds from new and existing investors, lifting its valuation to $1.2bn.
Investors have doubled down on online brokerages that were at the centre of a social media-driven trading frenzy on Wall Street in heavily shorted shares of companies such as GameStop...
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