Stock trading app Robinhood raises $110 million to become the latest unicorn

Zero-fee stock trading app Robinhood is getting a boost from its own investors.

The financial tech company announced Wednesday that it had raised $110 million at a $1.3 billion valuation, making it Silicon Valley's latest unicorn — the industry term for a startup worth at least $1 billion. 

SEE ALSO: Buy!...Sell!...Without fees: Robinhood app caters to investment newbies

Robinhood's latest funding round was led by Russian billionaire Yuri Milner's fund DST Global and included Joshua...

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