Robinhood used a $ 200 million credit line late last month

People familiar with the matter said Robinhood took away all of its $ 200 million credit line from Barclays, Citigroup and JP Morgan Chase late last month. Robinhood later issued a statement saying that its capital position is still sound. In view of market turmoil, it considered it prudent to use the credit line in the week of February 24. The funds were all returned last week.