Robinhood’s epic Q1 growth explains its fundraising boom – TechCrunch
An initial analysis of Robinhood’s Q1 2021 payment for order flow (PFOF) revenues sourced from company filings shows that the free-trading unicorn had a strong start to the year. Given the raucous trading activity of the first quarter, that news is not a surprise. The aggregate revenue data helps explain how Robinhood was able to…