Robinhood Nets $200M at $11.2B Valuation; AmEx Buys Kabbage; Ant Group Plans Consumer Finance Firm

Weekly FinTech Digest | Week 34

This week (17-21 August) was yet another interesting week in FinTech this year. Robinhood has raised $200 million from D1 Capital Partners in a Series G funding round that values the stock trading app at $11.2 billion; American Express has bought Kabbage; FinTech giant Ant Group is planning to set up a consumer finance company that will offer Chinese pe…