Robinhood Markets Inc. and Stripe Inc. have recruited dozens of lawyers in 2020 as U.S. regulators recognize how financial technology is transforming financial services.
Both companies could also pursue initial public offerings that would increase their need for in-house legal and regulatory experts.
Robinhood announced Aug. 19 its addition of two new deputy general counsel after closing a funding round that raised $200 million, pushing the Menlo Park, Calif.-based stock trading startup’s valuation to a record $11.2 billion. Robinhood has been advised on its fundraising by Fenwick & West.
Orrick, Herrington & Sutcliffe took the lead for Stripe on ...
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