Robinhood co-CEO Vladimir Tenev. Photo by Noam Galai/Getty Images for TechCrunch, under Creative Commons license

Robinhood, the stock trading app, has raised $320 million in fresh funding only two months after securing a previous $280 million investment. The investment completes Robinhood’s recent fundraising to $600 million and values the company at $8.6 billion. With the new funding, Robinhood has now raised a total of $1.5 billion since its founding in 2013. The new funding came from investors including IVP and private equity firm TSG Consumer Partners.

Robinhood says it’ll put the new funding towards hiring more employees, building new products, and improving its operations.