Full-Time
Posted on 2/3/2025
Commission-free trading platform for investments
$119k - $180kAnnually
Senior
Company Historically Provides H1B Sponsorship
Menlo Park, CA, USA
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Robinhood provides a platform for trading various financial instruments, including stocks, options, ETFs, and cryptocurrencies, with the goal of making investing accessible and affordable for everyone. Users can trade without paying traditional brokerage fees, which is a key feature that sets Robinhood apart from its competitors. The platform allows for fractional share trading, enabling users to invest in high-priced stocks with as little as $1, thus promoting portfolio diversification. Robinhood generates revenue through a premium subscription service called Robinhood Gold, which offers advanced trading features, as well as from interest on uninvested cash and rebates from trading venues. Additionally, Robinhood offers users access to IPOs, a service typically available only to institutional investors. The company's goal is to democratize investing and empower a diverse range of clients, from beginners to experienced traders.
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$5.4B
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
According to the official announcement, Robinhood launched Solana-based PYTH tokens.
The crypto and stock market surges leading into the presidential election and beyond helped buoy Robinhood’s fortunes in the fourth quarter.Results released after the markets closed on Wednesday (Feb. 12) noted that accounts were up 10% to 26.2 million.And transaction based top lines were $672 million in the period, surging 236% from the same period in 2023, and a 111% jump from the third quarter.Within that revenue line item, $358 million was tied to crypto-based revenues, which was 700% higher than the fourth quarter last year.During remarks on the company’s video earnings call, CEO Vlad Tenev said the company passed the $1 billion revenue mark for the first time, and said during the presentation that Gold subscribers were 2.6 million, which was up 1.2 million year over year. Net deposits of about $50.5 billion were up 49% on a trailing 12-month basis.“Perhaps the thing that I’m most excited by is,” the CEO said, “if you look at the net new customer-funded accounts in Q4, of those new customers that joined … over 30% have adopted Gold.”CFO Jason Warnick said that the more-than-doubling of revenues year over year helped drive profitability; the company’s net income per share of $0.17 surged above $0.03 in the fourth quarter of last year.The stock soared 12% in after-hours trading.Forward ThinkingLater in the presentation, Tenev said “On the share-of-wallet front, we’re going to grow the Robinhood Gold Card from about a 100,000 holders today two multiples of that size. … We’re also investing in the Robinhood wallet, which is a separate app, and it’s our non-custodial crypto wallet. And that’s the gateway to thousands of additional coins for our customers,” he said.Later during the call he noted that, in reference to tokenization, the firm is “uniquely positioned at the intersection of traditional finance and DeFi — we’re one of the few players that has scale both in traditional financial assets and cryptocurrencies. And what that means for us is bringing real assets onto crypto technology, and giving people access to real-world productive assets using crypto rails.” Those assets would include equities and private investments, he said.During the question-and-answer session, Tenev stated that the demand for the Gold Card has come in the midst of 3% cash back, and the digital features inherent in the virtual card itself.The company is also examining offering a broader range of lending products, Tenev said, which would “cover the wide range of customer borrowing needs.” As Tenev told analysts, “You should see us accelerate more products, more features, to further wallet share and put us in a position where I think relatively few companies are … to capture the $84+ trillion in assets that are going to be flowing down to younger generations in the next few decades.”Asked later in the call about the general crypto environment, Tenev contended that “more regulatory clarity is needed — and across multiple domains
Amid its crypto expansion plans, Robinhood has most recently launched its services in Spain, aligning with the EU's MiCA regulations.
Robinhood have announced the launch of options trading for UK customers. This is yet another step forward in their journey to expand access and empower investors across the UK.Options are contracts between buyers and sellers whose value is derived from an underlying asset, such as a stock or an index. These contracts fall under the category of financial instruments known as derivatives. With Robinhood, customers in the UK can now trade options on stocks and indices. Index options, in particular, allow you to trade on broad market indices, offering more diversification and flexibility.“Options trading has historically been difficult for UK investors to access due to high fees, complicated platforms, and limited educational resources,” said Jordan Sinclair, President of Robinhood UK. “Today, we’re excited to roll out a US options trading experience that is both affordable and accessible, and leverages Robinhood’s powerful suite of tools to help UK investors take control of their financial future.”This is the next big evolution for Robinhood in the UK
Robinhood has ramped up its UK investment offering with the launch of an investment product which allows investors to profit from the rise and fall of share prices. The US fintech, which disrupted the US investing market with commission-free trading, is also set to bring its US desktop platform geared towards investors to the UK market.An alternative to stock trading, options trading is the buying and selling of financial contracts that give the buyer the right to buy or sell an underlying asset, such as stocks or ETFs, at a specific price within a set time.Investors might trade options to hedge against a drop in stock price or to speculate on the future price of an investment.According to Jordan Sinclair, Robinhood, UK president, options trading is a ”bit more accessible” in the US, compared to the UK, and said that its UK customers have been “asking us for the product since day one”. The news was first reported by Yahoo Finance.He added:"Access to options trading has historically been hindered for many UK investors due to high fees, complicated platforms, and limited educational resources. Our goal is to make options trading in the UK accessible, straightforward, and affordable for all."Robinhood launched in the UK in March last year, pledging no commission fees and no foreign exchange fees on trades of over 6,000 US stocks, while providing five per cent interest on uninvested cash. It has since launched several other investment products including share lending and margin trading.Sinclair said: "And that is a great base for an investment product. We are going to keep adding to that." The likes of share lending, margin trading and options trading can be deemed as riskier investment products, but Sinclair said Robinhood had all the right controls in place so that only eligible investors could use the products.Sinclair said Robinhood would continue to bring existing US products and bespoke UK products to its app, pointing to the example of stock and share ISAs
The FinTech IPO Index’s gains this past week — up 2.6% through Thursday (Feb. 6) across the past five sessions — were tied to a mix of newsworthy events. Earnings. Partnerships. And rumors of a possible takeover. Several names were up double digits through the past few days
Robinhood está lanzando el trading de futuros para Bitcoin y Ethereum, además de productos básicos tradicionales como el petróleo y el oro. Anunció este lanzamiento en las redes sociales, pero la Chicago Mercantile Exchange (CME) detalló su asociación con Robinhood.El Grupo CME afirmó recientemente que no tiene interés en el trading de futuros para Solana o XRP, por lo que es poco probable que la asociación ofrezca otros criptoactivos pronto.Trading de futuros en RobinhoodRobinhood, una aplicación de trading popular, se está expandiendo al trading de futuros. La empresa ha diversificado significativamente sus ofertas en los últimos meses. Más recientemente, se unió a Polymarket para ofrecer apuestas electorales y volvió a listar activos anteriores en noviembre. En enero, su CEO expresó interés en la tokenización de RWA, y ahora puede agregar el trading de futuros a la lista. Robinhood primero insinuó estos servicios de trading de futuros en una publicación en redes sociales, y el sitio web oficial de la empresa detalló algunos aspectos más específicos
CME Group introduces its first equity index, FX, cryptocurrency , metals and energy contracts to Robinhood customersCHICAGO, Jan. 29, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and Robinhood Derivatives, LLC ('Robinhood'), today announced that some of CME Group's most popular futures products have started rolling out on the Robinhood mobile app.Over the coming weeks, all eligible Robinhood customers in the U.S. will have access to futures products across five major asset classes, including the four leading U.S. equity indices – S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average – as well as bitcoin and ether, major FX currency pairs, key metals including gold, silver and copper, and additional commodities such as crude oil and natural gas."We are extremely pleased to offer some of our most popular futures contracts to the broad network of retail traders on Robinhood," said Julie Winkler, Chief Commercial Officer at CME Group. "Demand for futures has skyrocketed as a new generation of self-directed traders is seeking diversified investment opportunities. Expanding retail access to futures trading is an integral step in educating and empowering this new crop of investors, and we look forward to working with Robinhood to continue providing the products and resources needed to tap into today's most important markets.""Launching CME Group futures is a significant step forward in our mission to make Robinhood the best place for active traders," said JB Mackenzie, VP and GM of Futures and International at Robinhood
Robinhood Crypto anunció el inicio de operaciones en España con su servicio de staking y trading de criptomonedas, y operará integrándose al Reglamento europeo sobre los criptoactivos (MiCA). En los últimos meses, Robinhood se ha expandido en la Unión Europea, en países como Italia, Polonia, Lituania, y ahora España.En octubre, Robinhood lanzó servicios de transferencia de criptomonedas en Europa, permitiendo a los clientes mover criptomonedas dentro y fuera de la app. El movimiento destacó la dedicación de la empresa en los servicios financieros y expandir su oferta de productos y fortalecer su presencia global en el mercado cripto.Robinhood Crypto aterriza en España, operará bajo MiCARobinhood Crypto aterrizó en España prometiendo 0% de tarifas a los usuarios por el trading de cualquier criptomoneda. Los españoles podrán transferir, hacer staking, acceder a recompensas vía Earn de 10%para los holdings de AVAX. La plataforma promete no apalancarse con las cripto de los usuarios, respaldar sus tokens, almacenamiento en frío y seguros contra hacks y scams.En tanto, los españoles que busquen utilizar la plataforma tendrán acceso a más de 40 criptomonedas, entre las que destacan: BTC, ETH, SOL, AAVE, ADA, ARB, ATOM, BCH, BONK, COMP, DOGE, DOT, EOS, ETC, GRT, IMX, JUP, LINK, MANA, POL, NEAR, OP, RENDER, S, SAND, SHIB, TIA, TON, UNI, USDC, WIF, XLM, W, XTZ, XRP, ZK, ZRO, entre otros. “Desde la perspectiva del mercado total al que se puede dirigir, la UE es tan grande como Estados Unidos”, destacó recientemente Johann Kerbrat, Director General de Robinhood Crypto
Robinhood Markets Inc has launched a localized trading app in Spain, offering trading, staking, and investing services on its platform.
Earnings season is officially here as the big banks weighed in this week. Although the quarterly reports have yet to come through for the denizens of the FinTech IPO Index, there was a notable bit of earnings-related news that sent the stock of Katapult soaring, up more than 49%. Katapult’s 4Q Update
Robinhood named 'best idea' for 2025 by bernstein team.
This morning, Bernstein named Robinhood as its best idea in Global Digital Assets.
Robinhood's $30 million penalty stems from its failure to meet its obligations under the Bank Secrecy Act and AML regulations.
Robinhood pays $45M to settle SEC charges over legal violations.
Furthermore, Robinhood Securities reportedly violated rules related to inaccurate reporting of securities trading information to the SEC and non-compliance with regulations designed to prevent abusive short-selling practices.
The Securities and Exchange Commission (SEC) said Monday (Jan. 13) that two Robinhood broker-dealers have agreed to pay $45 million in combined civil penalties to settle charges that they failed to observe a “broad array” of regulatory requirements. Robinhood Securities agreed to pay a $33.5 million penalty, while Robinhood Financial agreed to pay a $11.5 million penalty, the SEC said in a Monday press release. In addition, both companies admitted certain findings in the order, agreed to be censured and agreed to conduct an internal audit concerning off-channel communications compliance, according to the release
The SEC revealed that between 2020 and 2022, Robinhood failed to promptly report suspicious transactions, lacked safeguards against identity theft, and experienced a cybersecurity breach exposing millions of customer records.
Robinhood tops Bernstein's 2025 Best Idea list.
Asking “What if?” has led CompoSecure to breakthroughs like luxury metal payment cards, CompoSecure Chief Strategy Officer Lewis Rubovitz writes in a new PYMNTS eBook, “The Innovation Mindset: How to Achieve It in 2025.”. CompoSecure is driven to redefine what’s possible in the payments and banking industry. Innovation isn’t just a buzzword for us — it’s at the cornerstone of how we operate, collaborate and deliver the leading payment cards