Full-Time
Product Designer
Perpay
51-200 employees
Facilitates interest-free purchases via paycheck deductions
No salary listed
Entry, Junior
Philadelphia, PA, USA
This is not a remote opportunity; it is 100% onsite.
- 0–2 years of experience in product design (internships, freelance, or academic projects all count!)
- A strong portfolio that demonstrates both product thinking and visual craft
- Graphic design and motion design skills—bonus if you’ve worked on marketing assets or brand-related design
- A desire to grow within a collaborative team and openness to feedback
- A builder’s mindset—you’re excited to own problems and turn ideas into shipped solutions
- Comfortable working with established design systems, while knowing when to stretch them
- Deep understanding of design and prototyping tools (Figma, Illustrator, Photoshop)
- Familiarity with artificial intelligence tools that a designer can leverage
- Passion for our purpose of creating access to credit and building credit for our customers
- Contribute to design projects that directly impact our customers’ financial lives
- Apply design thinking methodologies to solve user and business problems
- Collaborate with product, engineering, brand and marketing partners to ship experiences that are useful, beautiful, and on-brand
- Bring designs to life through high-quality visual work, motion design, and attention to micro-interactions
- Support research initiatives by contributing to planning, synthesizing insights, and applying findings to your designs
- Uphold and apply our design system and visual language across platforms
- Take initiative and drive work forward even when things are ambiguous—we’re looking for someone with grit and hustle mentality
Perpay 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 automatically 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 spread over a series of installments, typically eight. This model is particularly beneficial for those who may not have access to traditional credit options or prefer to avoid interest charges. What sets Perpay apart from its competitors is its focus on interest-free payments and the convenience of direct paycheck deductions, simplifying the repayment process for users. The company's goal is to make shopping more accessible and affordable for its members, providing a straightforward alternative to traditional credit options.
Company Size
51-200
Company Stage
N/A
Total Funding
$2.5M
Headquarters
Philadelphia, Pennsylvania
Founded
2016
Simplify's Take
What believers are saying
- Rising consumer interest in BNPL services can drive more users to Perpay.
- Integration of AI can enhance personalized financial advice, benefiting Perpay's offerings.
- Growing preference for financial wellness products aligns with Perpay's mission, boosting engagement.
What critics are saying
- Increased competition from new BNPL entrants like Apple Pay Later could impact market share.
- Regulatory scrutiny on BNPL services may affect Perpay's operations by 2024.
- Economic downturns could lead to higher default rates, impacting financial stability.
What makes Perpay unique
- Perpay offers interest-free payments deducted directly from paychecks, simplifying user experience.
- The company targets consumers avoiding traditional credit options, providing a unique market position.
- Perpay's income-based spending limit ensures responsible spending and stable repayment behavior.
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Benefits
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
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 8%2 year growth
↑ 7%Perpay selects Marqeta to power consumer credit card.