Robinhood has confirmed it is searching for a chief financial officer as part of longer - term plans to take the company public . "We have an ambitious long-term vision to become a full-service financial services company over the next couple of years," co-founder Vlad Tenev told CNBC in August. The zero - fee trading platform , valued at $ 5.6bn in a Series D funding round in 2016 , revealed its potential as the no - fee market faces increasing competition , with JP Morgan launching fee - free trading for retail investors less than a year ago .
Robinhood has confirmed it is searching for a chief financial officer as part of longer - term plans to take the company public . The zero - fee trading platform , valued at $ 5.6bn in a Series D funding round in 2016 , revealed its potential as the no - fee market faces increasing competition , with JP Morgan launching fee - free trading for retail investors less than a year ago .