Full-Time
Software Developer
Crypto
Updated on 3/13/2025
Robinhood
1,001-5,000 employees
Commission-free trading platform for investments
Compensation Overview
CA$124k - CA$145kAnnually
Mid, Senior
Company Historically Provides H1B Sponsorship
Toronto, ON, Canada
- 3+ years of software development experience.
- Familiarity with writing highly concurrent systems and good intuition for REST API design.
- Proven experience working on large projects with long-term impact on a single system or team.
- Strong technical grasp with excellent judgment on task prioritizations.
- Ability to solve complex engineering problems that deliver results aligned with team objectives.
- Build scalable systems and components, making the right tradeoffs to account for stability and long-term maintainability.
- Design, write, test, and release product-facing features with stringent correctness and scalability requirements.
- Collaborate with our frontend and data teams to fine tune our REST APIs supporting millions of customers.
- Identify opportunities to improve system performance, team productivity and reduce risk.
Robinhood offers a platform for trading stocks, options, ETFs, and cryptocurrencies, aiming to make investing accessible and affordable for everyone. The company allows commission-free trading and offers fractional shares, enabling users to invest in expensive stocks with as little as $1. Unlike traditional brokerage firms, Robinhood also provides features like IPO access and a premium subscription service, Robinhood Gold, which includes advanced trading options. The goal of Robinhood is to empower a diverse range of investors by simplifying the investment process and reducing costs.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Menlo Park, California
Founded
2013
Simplify's Take
What believers are saying
- Robinhood's prediction markets hub could increase user engagement and transaction volume.
- Collaboration with Uniswap enhances global reach, appealing to international users.
- Robinhood Trivia Live may boost user engagement, attracting younger demographics.
What critics are saying
- Prediction markets hub may lead to increased regulatory scrutiny and compliance challenges.
- Significant stock price drop indicates potential investor concerns and market volatility.
- $30 million FINRA settlement highlights ongoing compliance challenges and reputational risks.
What makes Robinhood unique
- Robinhood offers commission-free trading, making investing accessible to a broader audience.
- The platform provides fractional shares, allowing investments in expensive stocks with minimal funds.
- Robinhood's IPO access feature democratizes pre-market trading, typically reserved for institutional investors.
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Benefits
Well-being - Premium medical, dental, and vision insurance
Family & home life - Parental leave, personal prosperity benefits
Comfort & care - Flexible work from home / office balance, health & wellness stipend
Office life - Catered meals and fully stocked kitchen, commuter benefits
Growth - Education and training, community events, career mentorships
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Robinhood has added a prediction markets hub to its app, allowing users to trade on the outcomes of events.The first contracts, which started rolling out Monday (March 17), cover what the upper bound of the target Fed funds rate will be in May and who will win the upcoming men’s and women’s college basketball tournaments, the company said in a Monday press release.Robinhood’s prediction markets hub and the corresponding contracts will initially be available in the U.S. through Kalshi, an exchange regulated by the Commodity Futures Trading Commission (CFTC), according to the release.The company said in the release that it is also working with the CFTC on projects having to do with the futures, derivatives and crypto markets.“We believe in the power of prediction markets and think they play an important role at the intersection of news, economics, politics, sports and culture,” JB Mackenzie, vice president and general manager of futures and international at Robinhood, said in the release. “We’re excited to offer our customers a new way to participate in the prediction markets and look forward to doing so in compliance with existing regulations.”Robinhood said Feb. 12 that its number of accounts reached 26.2 million in the fourth quarter while its transaction based top lines were $672 million in the period, which was up 236% from the same period in 2023 and up 111% from the third quarter.In October, the company said it aimed to increase wallet share of existing investors while attracting a broader group to its retail trading platform.“In the past month, we introduced Robinhood Legend, our new desktop offering, and announced index options, futures, and a realized profit and loss tool are coming soon,” Robinhood CEO and Co-Founder Vlad Tenev said during an October earnings call. “And just this week, we launched our Presidential Election Market. We have a ton of momentum, and we’re just getting started.”Crypto.com said in December that it introduced a sports event trading product that lets American users of Crypto.com and the Crypto.com app take part in and trade their own prediction on the outcome of sporting events
Markets were awash in a sea of red this past week, and the broader gauges, such as the Dow and the SP 500 Stock Index, have touched correction territory, down at least 10% from their peaks. The FinTech IPO Index fared no better through the past five days, sinking 4.8%, and there were few positive returns to be seen among the downdraft. Macro concerns — particularly on tariffs and the as-yet-untold impact of a trade war — ruled the week. Financial sector names were among the hardest hit, particularly those with a presence in crypto markets, and Robinhood’s shares were more than 19.5% lower
Meanwhile, Uniswap has teamed up with Robinhood, MoonPay, and Transak to introduce crypto-to-cash transactions in over 180 countries, simplifying the process for users to convert digital assets into fiat currency without relying on centralized exchanges.
Robinhood was criticized for failing to "respond to red flags of potential misconduct," which resulted in violations related to anti-money laundering, supervision and disclosure.
Robinhood shares have more than doubled in value over the last year, but are down from a Feb. 14 close of $65.28, their highest close since the record levels reached following Robinhood's 2021 initial public offering.