When is the Robinhood IPO? Operator of an investment platform intended to democratize finance for all. Some reports said Robinhood's market valuation could be as high as US$40 billion. By Reuters Staff. Say the roughly $600 million it made in order-flow payments last year represents half its revenue now, versus 80% in 2016 according to the SEC settlement. Robinhood, a no-fee trading app for millennials founded in 2013, came under fire recently for blocking its users from purchasing shares in Gamestop. The second is even worse for Robinhood — a $33 billion valuation or 30% discount to IPO price. As for Robinhood’s valuation … its last financing round in 2020 valued the company at $12 billion. Robinhood is just one hot fintech IPO expected this year ... and the multiples so there's like a valuation reset happening in the IPO market," she told Yahoo Finance. The sources, who requested anonymity to discuss the plans, said the IPO would come in 2021, cautioning that the exact timing and valuation will be subject to market conditions. ... All this makes Robinhood’s $30 billion valuation, as reported by Reuters, look steep. Robinhood is likely to choose an "affinity program" as part of its IPO. In total, Robinhood brought in $3.4 billion over a few days in capital to meet its regulatory requirements. If the company does IPO, it has an estimated valuation of $11.7 billion. Robinhood achieved an $11.7 billion valuation in a funding round last year. A combination of free trading apps such as Robinhood and direct government stimulus helped fuel a boom in retail involvement in the U.S. stock market, most notably from first-time investors. We’re still in the early stages here. Details of the IPO were not immediately known but Bloomberg said the listing would be on the Nasdaq exchange. Let's take a look at how Robinhood got its incredible $7.6 billion valuation – and why that might not be enough to buy it on its IPO date… How Robinhood Got Its Start I have to think that value will rise simply based on Coinbase’s recent activity. One of the most talked-about IPOs of 2021 is likely to be Robinhood. For now, investors interested in Robinhood’s IPO will have to wait for more information. Popular stock trading app Robinhood is going public, the company said last night. That’s about double the proposed IPO valuation from December 2020. Robinhood, a free brokerage app, will be going public. This came after an earlier report by Bloomberg about Robinhood seeking advisers ahead of its 2021 IPO. A £12 billion valuation prices Robinhood close to the amount Morgan Stanley paid for E*TRADE, which had fewer clients than Robinhood but 30 times the client assets. by Breakingviews. However, there are also some much smaller companies on … Robinhood General Information Description. Stock trading app’s zero-commission model has made it a favourite among retail traders . Breakingviews: Robinhood IPO comes with forest of perils. "All I can say is Robinhood played it by the books," he told lawmakers. The company's platform offers commission-free trading in stocks, ETFs, options, and cryptocurrencies as well as margins, thereby enabling users to stay informed and conveniently invest in the stock market from their phones or computers. Robinhood valuation surges to $11.2 billion after latest funding round. ... New Listing: Real Estate Brokerage Compass Aims At $10 Billion Valuation In IPO. However, as share trading commissions were drastically reduced by major online brokers throughout 2020, the speed of Robinhood’s growth has slowed – the company is no longer the stand-out, cheapest competitor. Robinhood files for IPO amid GameStop controversy. The move could also boost Robinhood's valuation in its own IPO, as the offering would price in additional demand for the shares that would normally have … However, Robinhood is predicted to be valued at $40 billion compared to eToro’s $10.4 billion valuation. Robinhood Markets hired Goldman Sachs to lead its IPO in 2021. Robinhood scandals. "The Robinhood IPO process is underway," Kathleen Smith, principal at Renaissance Capital, wrote in an email. Robinhood on Monday announced yet another new round of funding—its third major cash injection in the last four months—at a valuation of $11.2 billion, amid record numbers of … ... "may cause investors to put a haircut on its valuation." Y ou can find lots of big, well-known companies among the 100 most popular stocks on Robinhood. The first capital round Robinhood took during this time will convert at a $30 billion valuation, or at a 30% discount to the IPO value, whichever is less. A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily. The trading platform hopes to be valued at over $20 billion after the offering. Reports suggest that Robinhood has a current valuation of around $40 billion. But Robinhood has already managed to beat other brokerages in trading activity, which has helped fuel its trading revenue. The Robinhood IPO Is Getting Pricier. Robinhood picks Goldman Sachs to prepare the stock-trading app for an IPO next year, an effort that could value the company at more than $20 billion. “The Robinhood IPO process is underway,” Kathleen Smith, principal at Renaissance Capital, wrote in an email. The move could also boost Robinhood's valuation in its own IPO, as the offering would price in additional demand for the shares that would normally have … Also, the report revealed that the IPO could value Robinhood at over $20 billion. Airwallex Raises $100 Million, Valued At $2.6 Billion. 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