Robinhood raised $1 billion in emergency funds from investors this week as the platform struggles with a surge in trading, NYT report says thumbnail

Robinhood raised $1 billion in emergency funds from investors this week as the platform struggles with a surge in trading, NYT report says

Robinhood raised $1 billion from existing investors this week. The trading platform is struggling with a surge in trading of some stocks, including GameStop. Earlier Thursday, the firm also borrowed “several hundred million dollars” from banks. Visit Business Insider’s homepage for more stories. Robinhood raised $1 billion from its existing investors this week, the startup…