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Perpay.com provides a financial solution that allows consumers to shop without the burden of high-interest rates. Users can make purchases and pay for them over time through interest-free payments that are directly deducted from their paychecks. The process begins with users answering a few questions to determine their spending limit, which can range from $500 to $2,500. Once approved, they can shop immediately, with payments automatically deducted in installments, typically over eight pay periods. This model is particularly beneficial for those who may not have access to traditional credit or prefer to avoid interest charges. What sets Perpay apart from its competitors is its focus on interest-free payments and the simplicity of direct paycheck deductions, making the repayment process hassle-free. The company's goal is to make shopping more accessible and affordable for its members, providing a straightforward alternative to traditional credit options.
Company Stage
N/A
Employees
51-200
Industries
Fintech, Financial Services
Total Funding
$2.4M
Headquarters
Philadelphia, Pennsylvania
Founded
2016
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Competitive salary + company equity
401k with company match
Medical / Dental / Vision insurance
Pre-tax Public Transportation benefit
Relocation assistance
Student loan company match
Gym subsidy with City Fitness
Cell phone plan
Paid parental leave
Unlimited PTO
Optional work from home (WFH) up to 4 weeks per year
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