Full-Time

Working Student

Engineering

Confirmed live in the last 24 hours

Ivy

Ivy

11-50 employees

Direct payment solution for merchants

No salary listed

Entry

Company Does Not Provide H1B Sponsorship

Munich, Germany

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Software Testing
Node.js
Docker
TypeScript
Requirements
  • Experience building backend code with Typescript and Node.js
  • Ability to autonomously work through complex technical problems
  • Strong problem-solving skills
  • Comfortable with setting up a local dev environment and using Docker
  • Favour open communication and constant feedback
Responsibilities
  • Develop the core product
  • Ship new features with the team
  • Test, deploy, and monitor code
  • Participate in delivering high-quality software to customers
  • Empower the product team to quickly iterate and test prototypes

Ivy provides a direct payment solution in the Open Banking sector, allowing customers to make payments directly from their bank accounts without using traditional card or wallet systems. This technology connects to over 500 million bank accounts across more than 50 countries, reducing transaction costs and increasing profitability for merchants. The platform enhances user experience by transforming bank accounts into instant payment wallets and integrating familiar branding from each bank. Additionally, Ivy partners with Ecosia, planting a tree for every transaction, promoting sustainability and engaging with a community of eco-conscious users. Ivy's business model relies on lower transaction fees compared to traditional methods, while also exploring revenue through partnerships.

Company Size

11-50

Company Stage

Series A

Total Funding

$27.7M

Headquarters

Munich, Germany

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased Open Banking adoption aligns with Ivy's direct payment model.
  • Rising demand for real-time payments positions Ivy well in the market.
  • EU's PSD2 regulation benefits Ivy by mandating open bank APIs.

What critics are saying

  • Emerging fintech startups could erode Ivy's market share.
  • Potential regulatory changes like PSD3 may increase Ivy's operational costs.
  • Reliance on bank partnerships poses risks if banks change collaboration terms.

What makes Ivy unique

  • Ivy offers direct payments, bypassing traditional card and wallet systems.
  • Ivy's platform integrates bank branding for a seamless user experience.
  • Partnership with Ecosia plants a tree per transaction, enhancing sustainability.

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Benefits

Company Equity

Stock Options

Professional Development Budget

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

6%

2 year growth

-1%
FF News
Feb 25th, 2025
Fibe Fintech & Finance Festival Announces First Programme Draft

FIBE fintech & finance festival has revealed its first programme draft, featuring speakers like former PayPal CEO Dan Schulman, N26 Co-Founder Valentin Stalf, and Apollo Managing Director Veronique Fournier. The festival takes place on April 9 & 10 and will host panels, fireside chats, and startup pitches across its Festival and Club Stages, bringing together global industry leaders to discuss the future of fintech and finance.As with the first edition in 2024, FIBE will feature two main stages, the Festival Stage and the Club Stage, each offering a distinct experience. The Festival Stage will host high-profile keynotes, breaking news discussions, and thought-provoking panels with global fintech leaders, while the Club Stage will provide an interactive platform for in-depth debates, hands-on sessions, and startup showcases. In addition, the programme for a dedicated Podcast Stage, Masterclases and FIBE Späti is currently being drafted, with more details to be announced soon.Festival Stage: A Front-Row Seat to the FutureThe Festival Stage features a series of keynote interviews, panel discussions, and fireside chats with top-tier speakers:Global Fintech Dynamics: Macroeconomics, Regulation & Market Hubs• Opening Keynote Interview with Dan Schulman, former CEO of PayPal.• Fireside Chat with Valentin Stalf, Co-CEO of N26, discussing the latest breaking news in fintech.• Panel discussion on the Digital Euro with Burkhard Balz, Executive Board Member of Deutsche Bundesbank.Emerging Tech & Trends• Fireside Chat with Alexandra Mousavizadeh, Co-Founder & CEO of Evident, on how AI is revolutionizing finance.• Fintech trends and future talks featuring Veronica Breene (Vesta Insights) and Hélène Falchier (Portage Ventures) on the decade-long impact of AI in banking.Fintech Founders & Funding• Founder story with Patrick Stäuble, CEO of Teylor.• Panel discussions on navigating growth, unlocking funding opportunities, and leveraging AI for financial crime prevention, featuring speakers from Raisin, Holvi, and Sopra Steria.Shaping Tomorrow• Panel on green finance innovations featuring Saskia Bruysten (Yunus Social Business) and Dr. Tillmann Lang (Inyova).• Live insights from Silicon Valley, presented by Felix Holtermann, Handelsblatt’s Silicon Valley correspondent.The Festival Stage will also include multiple early-stage startup pitches, hub talks on fintech competitiveness, and debates on regulatory transformations like PSD3 and instant payments.Club Stage: Exploring Fintech’s Core and BeyondThe Club Stage provides an interactive space for in-depth discussions, debates, and “Ask Me Anything” sessions, diving into critical topics shaping fintech today:The Future of Insurance and Banking• Panel on insurtech partnerships and profitability, featuring Gil Arazi (FinTLV Venture Capital).• Insights on redefining traditional banking from leaders at Raiffeisen-Holding, Elevator Ventures and Klim.Beyond Banking and Super Apps• Panel discussion on new revenue models with Oliver Mohseni (Froda) and Roger Berger (BNP Paribas).• Debate on Europe’s potential as a “Super App” leader, featuring Georg Hauer, advisor and venture builder.Emerging Fintech Horizons• Discussions on wealth management and AI transformation, featuring Veronique Fournier (Apollo) and Dr. Axel Haus (Vanguard Group).• Practical tips on fintech funding from Motive Ventures and Tokenize.it leaders.Navigating Regulation and Innovation• Panels on DORA’s (Digital Operational Resilience Act) lessons, PSD3, and the future of payments with experts like Dr

The Paypers
Jan 13th, 2025
Unlocking Seamless Payments: Ivy'S Role In The Future Of Instant Bank Payments

Ferdinand Dabitz, CEO of Ivy, discusses the Open Banking evolution, seamless payment experiences, and the growing demand for real-time transactions.  Can you explain how you eliminate the need for credit cards and ensure successful bank-to-bank transactions with Ivy’s core technology?. Traditional payment methods like credit cards and digital wallets are often costly and inefficient for merchants and consumers. These fees quickly eat into margins, especially for merchants with high transaction volumes or low-margin products. In addition, chargebacks and fraudulent transactions create further operational burdens, often requiring additional resources to manage disputes and recover funds. For consumers, especially in regions like Eastern Europe, credit card ownership remains low, with only 37% of adults owning one. This limits access to credit-based payments, making bank-based alternatives more attractive

FinanceFWD
Aug 31st, 2023
Payment-Startup Ivy erhält 20 Millionen Dollar – Peter Thiels Valar Ventures steigt ein | FinanceFWD

Bereits wenige Wochen nach der Seedfinanzierung gibt das Münchner Startup Ivy bereits das nächste Funding bekannt: In seiner Series A beteiligt sich der bekannte Fintech-Investor Valar Ventures. Ein Zeichen, dass sich die Stimmung unter Geldgebern wieder dreht. Erst Anfang Juli verkündete das junge Team von Ivy eine Finanzierungsrunde über sieben Millionen Euro. Schon damals investierte

Munich Startup
Jul 18th, 2023
7 Millionen Seed-Finanzierung Für Ivy

Das Münchner Fintech Ivy will es Unternehmen ermöglichen, mittels einer API Konto-zu-Konto-Zahlungen in Echtzeit über Banken zu akzeptieren und so Transaktionsgebühren von Vermittlern zu umgehen. Denn jeder dieser Zwischenhändler erhält bei jeder Transaktion seinen Anteil, wodurch sich die Transaktionsgebühren auf etwa 1–3 Prozent belaufen. HändlerInnen, die mit dem Startup zusammenarbeiten möchten, müssen ihre bestehenden Zahlungseinstellungen nicht ändern. Die Pay by Bank-Option von Ivy kann direkt über die API oder als Plugin für alle etablierten Shopsysteme wie Shopify, Shopware, Magento oder WooCommerce zu jedem Checkout hinzugefügt werden. Zahlungen per Bank und nicht mehr per KreditkarteFerdinand Dabitz, Mitbegründer von Ivy, ist sich sicher:„In zehn Jahren werden Zahlungen im Wert von Billionen Dollar per Bank und nicht mehr mit Karte bezahlt – ein großer Wandel, den Ivy vorantreiben wird. Über 60 Regionen weltweit führen derzeit eine Instant-Bankzahlungsinfrastruktur ein

Google News
Jul 15th, 2023
Germany’s Ivy raises €7 million to ‘build a better payments world’ with its global API for instant bank payments

Germany’s Ivy raises €7 million to ‘build a better payments world’ with its global API for instant bank payments.