Full-Time
Commission-free trading platform for investments
$3
Entry, Junior
Company Historically Provides H1B Sponsorship
New York, NY, USA
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Robinhood provides a platform for trading various financial instruments, including stocks, options, ETFs, and cryptocurrencies, with a focus on making investing accessible and affordable. Users can trade without paying commissions, which sets Robinhood apart from traditional brokerage firms. The platform also allows for fractional share purchases, enabling users to invest in high-priced stocks with minimal amounts of money. Robinhood generates revenue through a premium subscription service called Robinhood Gold, which offers additional features, as well as from interest on uninvested cash and rebates from trading venues. The company also offers access to IPOs, allowing users to buy shares before they are publicly traded, a feature typically available only to institutional investors. Overall, Robinhood's goal is to democratize investing and provide a user-friendly experience for both novice and experienced investors.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Menlo Park, California
Founded
2013
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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
Block’s Cash App is reportedly making progress in its efforts to offer banking services to customers who mostly use the app to make payments. The number of the app’s users who have their paychecks directly deposited into their Cash App account rose by 25% year over year to reach 2.5 million in December, Bloomberg reported Thursday (April 3). This is a key metric because those who have set up direct deposit are most likely to use the company’s other banking services, according to the report
Robinhood is launching a banking product that offers checking and savings accounts with a 4% annual yield and up to $2.5 million in FDIC coverage.
Robinhood recently hosted an event where it rolled out a series of new features aimed at converting more members to Robinhood Gold.
Additionally, Burger King collaborated with brokerage platform Robinhood to offer U.S. members of its Royal Perks loyalty program cryptocurrency rewards.
On Thursday evening, during an invite-only event in San Francisco where Robinhood launched a suite of products to help customers access financial services, such as private wealth management and private banking, CEO Vladimir Tenev took a shot at the 1% fees most financial advisors charge.