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Robinhood

Commission-free stock trading platform

Software Engineering Intern - Backend, Summer 2027

Full-TimeUpdated on 9/29/2026
$60/hr
Internship
Bachelor's
Menlo Park, CA, USA+2 moreMore locations: New York, NY, USA | Bellevue, WA, USA
HybridAt least three days per week in the office are required.
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • Currently enrolled in a full-time, degree-seeking program with an expected graduation date of Winter 2027 or Spring 2028.
  • Strong computer science fundamentals and a deep understanding of best coding practices.
  • Prior software engineering experience from internships, hackathons, or personal projects.
  • Familiarity with Python/Django or Go, and an understanding of relational databases and transactions.
  • Ability to work in an in-person office environment at least three days per week in Menlo Park, Bellevue, or New York.
Responsibilities
  • Own a high-impact backend project from initial scoping through launch.
  • Design, build, test, and release software solutions that meet the correctness and scalability requirements of a real financial platform.
  • Collaborate with cross-functional teams across Robinhood to solve critical problems that span the organization.
  • Maintain and scale an existing codebase using Python/Django, Go, PostgreSQL, Kafka, Redis, Memcached, Amazon Web Services, and Kubernetes.
Desired Qualifications
  • Solid communication skills and an ability to drive large projects forward in a fast-paced, sometimes ambiguous environment.
  • Passion and interest in financial technology and building fintech products and services.

About the company

Robinhood provides a mobile and web platform that lets people buy and sell stocks, options, ETFs, and cryptocurrencies without paying commissions. It also offers fractional shares so users can invest small amounts (as little as $1), and features like Cash Management with a debit card. Premium services through Robinhood Gold add margin trading and professional research. Revenue comes from interest earned on uninvested cash, rebates from trading venues, and subscription fees. The platform is designed to be easy to use, making investing accessible to beginners and a broad audience. Compared with traditional brokers, Robinhood emphasizes low costs, simple interfaces, and broader access to investing tools (including IPO access in some cases), aiming to democratize investing and expand participation in the financial markets.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Menlo Park, California

Founded

2013

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Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 32% to $1.31 billion; net income reached $573 million.
  • Funded customers hit 28.4 million, while Gold subscribers reached 4.8 million.
  • Robinhood Chain drew nearly $9 billion DEX volume by August 2026, validating adoption.

What critics are saying

  • Robinhood paid $45 million in January 2025 SEC penalties for reporting, short-sale, and AML failures.
  • June 2026 layoffs cut 10% of staff, signaling pressure to automate and flatten management.
  • An agentic-trading blowup on weekends triggers mass customer exits and broker-dealer restrictions.

What makes Robinhood unique

  • Robinhood Chain launched July 1, 2026, packaging tokenized stocks into a permissionless L2.
  • HOOD Summit 2026 added AI agents, weekend equities, and crypto perps with 10x leverage.
  • Bitstamp's June 2025 acquisition gives Robinhood global licenses and institutional crypto rails.

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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

Headcount

6 month growth

↑ 2%

1 year growth

↑ 3%

2 year growth

↑ 3%
Bloomberg
Sep 30th, 2026
Robinhood unveils AI agent apps for 24/7 trading with hedge fund-like tools

Robinhood has unveiled new AI-driven agent apps aimed at providing individual traders with hedge fund-like capabilities. CEO Vlad Tenev announced the tools at a Houston summit, outlining features that include round-the-clock trading across multiple asset classes and autonomous "agent loops" that can operate independently whilst users sleep. The platform will also grant access to specialised data sources, including satellite imagery and blockchain analytics. The move represents Robinhood's latest effort to democratise sophisticated trading tools previously available only to institutional investors. Tenev discussed the company's vision during an appearance on Bloomberg The Close, emphasising the safety of the new AI-powered applications.

Yahoo Finance
Sep 30th, 2026
Robinhood launches AI agents, perpetuals, and social trading at HOOD Summit

Robinhood unveiled numerous features at its HOOD Summit, including weekend stock trading, expanded margin trading, and new order types. Three developments stood out: AI agents, perpetual futures, and social trading. The company is integrating AI agents directly into its app, giving them access to specialised data from providers like Token Terminal, Quiver, and Unusual Whales. These agents will help users conduct research and form investment theses. Robinhood is rolling out perpetual futures trading to US users, offering up to 10x leverage on Bitcoin and Ethereum. The service runs through Bitstamp rather than Lighter, sending LIT tokens down approximately 17% within an hour of the announcement. The company also launched Robinhood Social to all eligible US users, allowing them to share charts, portfolio allocations, and profit-and-loss statements. The feature, similar to competitor Fomo, aims to make trading more discoverable and accessible to retail investors.

Yahoo Finance
Sep 30th, 2026
Robinhood launches 24/7 trading and AI agents for automated investing

Robinhood Markets will offer 24/7 trading in select stocks, including weekends, the company announced at its HOOD Summit 2026. The company also unveiled Robinhood Agents, AI tools powered by OpenAI and Anthropic that can research markets, build strategies, and execute trades within customer-set limits. More than 150,000 customers have opened agentic trading accounts, with agents using tools nearly 30 million times daily. A feature called Loops will automatically run strategies when market conditions are met. Agent Apps will integrate premium data from providers including Nasdaq, Unusual Whales, and SpotGamma. Additional upgrades include perpetual futures for US customers, crypto perpetual futures with up to 10x leverage, extended options trading hours, and up to 4x intraday margin. Robinhood is also rolling out Robinhood Social and introducing a live earnings experience.

Yahoo Finance
Sep 30th, 2026
Robinhood launches 24-hour weekend trading and AI-powered tools for retail investors

Robinhood Markets announced it will enable weekend trading for a curated selection of US stocks and exchange-traded funds, marking its first expansion into weekend hours. The feature, built with overnight trading platform Bruce ATS, is pending regulatory review. The company's shares rose in premarket trading following the announcement. Robinhood has offered round-the-clock weekday trading since 2023, with up to 25% of daily volume on busy days occurring outside regular hours. Robinhood also unveiled tools for active traders through a partnership with Cboe Global Markets, including the ability to wager on earnings estimates and revenue targets. Eligible US customers will gain access to perpetual futures and AI agents for trade execution. The expansion comes as exchanges push to extend trading hours, though some market participants worry about thin liquidity outside normal hours affecting prices.

Fox Business
Sep 30th, 2026
Robinhood launches AI trading agent, but stock 'too expensive' at 55x earnings vs S&P 500

Robinhood has launched an AI trading agent that executes trades on behalf of users. Adam Johnson cautioned that while the technology is innovative, the company's stock appears overvalued. Johnson pointed out that Robinhood shares are trading at 55 times earnings, significantly higher than the S&P 500's valuation. He described the AI agent as potentially being "a little too wild" despite its technological advancement. The new feature allows the platform's users to automate their trading activities through artificial intelligence, marking a notable expansion of Robinhood's service offerings.