 Robinhood Markets announced on Monday that it had raised 200 million from D1 Capital Partners, lifting the companys valuation to 11.2 billion from 8.6 billion just last month. It is Robinhoods third funding round of 2020, and comes after the online broker has been leapfrogging competitors in terms of customer growth and daily trades during the pandemic. Robinhood pioneered zero-commission investing, a business model that its competitors have now adopted, too. 