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Monarch Money

Personal finance platform with advisor collaboration

Software Engineering Intern

Summer 2026Updated
$45/hr
Internship
Bachelor's, Master's
Remote in USA
RemoteFully remote; team collaborates mostly 9 AM–2 PM PT, with asynchronous work.
Software EngineeringFull-Stack Engineering

About the job

Requirements
  • Currently pursuing an undergraduate or graduate degree, preferably in Computer Science or a related field, with an anticipated graduation year of 2026 or 2027.
  • Available to work for 8 weeks during Summer 2026, beginning in June.
  • Prior internship experience developing and launching products.
  • Experience with modern programming languages (Python, Typescript, Go), frameworks (Django, React, React Native), tools (Git), and comfort with modern agentic engineering (e.g. Claude Code, Cursor, etc).
  • Interest or experience in areas like cloud infrastructure, CI/CD pipelines, security tooling, or developer experience (Foundations Team).
  • Interest or experience in common AI technologies: LLMs, agents, and evaluations.
  • A product-oriented mindset and excitement about building tools that people love.
  • Strong communication skills and a collaborative approach to problem-solving.
  • Curiosity, initiative, and a desire to learn in a fast-paced startup environment.
Responsibilities
  • As a Monarch intern, you’ll be given hands-on, self driven project that makes a real business impact. This project will be decided with your manager and mentor based on your interests and the company’s needs.
Desired Qualifications
  • Preferably in Computer Science or a related field.
  • Interest or experience in cloud infrastructure, CI/CD pipelines, security tooling, or developer experience (Foundations Team) - desirable but not strictly required.
  • Interest or experience in common AI technologies: LLMs, agents, and evaluations - desirable but not strictly required.
  • A product-oriented mindset and excitement about building tools that people love - desirable but not strictly required.
  • Curiosity, initiative, and a desire to learn in a fast-paced startup environment - desirable but not strictly required.

About the company

Monarch Money provides a personal finance management platform for individuals and families to gain financial clarity and confidence. It aggregates accounts, tracks spending, builds budgets, and plans cash flow across a web interface and mobile apps (iOS and Android). Users can invite partners or financial advisors to collaborate directly in the app at no extra cost, enabling shared planning and guidance. The product helps with investment planning, cash flow management, and goal setting through a subscription-based model that unlocks premium features. Monarch differentiates itself by emphasizing built-in collaboration with advisors and a user-friendly, family-oriented workflow, backed by credible investors. The company aims to foster financial resilience by helping users develop healthy financial habits and achieve their financial goals.

Company Size

201-500

Company Stage

Series B

Total Funding

$94.8M

Headquarters

San Francisco, CA

Founded

2018

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Simplify Jobs

Simplify's Take

What believers are saying

  • Monarch hit $100 million ARR and 1 million-plus members in 2026.
  • Monarch launched Monarch Plus, forecasting, and rebuilt Goals out of beta in 2026.
  • SOC 2 Type 2 certification and read-only access strengthen trust with security-conscious users.

What critics are saying

  • NAD ordered Monarch to drop survey-based outcome claims on February 26, 2026.
  • October 2026 MCP remains under maintenance, signaling unfinished infrastructure after repeated 2026 incidents.
  • Plaid, MX, and Finicity outages instantly break account syncing and can drive churn.

What makes Monarch Money unique

  • Monarch became Mint’s closest paid replacement after March 2024 shutdown.
  • Monarch now spans budgeting, forecasting, goals, investments, business tracking, and household collaboration.
  • Monarch Labs, launched after MBI acquisition, expands beyond core personal finance.

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Benefits

  • Remote Work Options
  • Company Equity
  • Home Office Stipend
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • Unlimited Paid Time Off
  • Paid Vacation

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
PR Newswire
Oct 1st, 2026
Monarch hits $100M ARR, acquires MBI to accelerate growth and expand services

Monarch, a personal finance platform, has reached $100 million in annual recurring revenue and acquired MBI, formerly known as HMBradley. The acquisition brings on the MBI team to form Monarch Labs, focusing on expanding products and services for Monarch's 1 million-plus members. The milestone represents significant growth for the San Francisco-based company, which was founded in 2018. Monarch also recently launched a premium tier called Monarch Plus and was named to Fast Company's Most Innovative Companies list. MBI's team brings a decade of experience in consumer banking and financial infrastructure. Co-founder Zach Bruhnke will lead Monarch Labs, exploring new growth areas whilst Monarch continues developing its core platform. Monarch is backed by investors including FPV, Menlo Ventures, Accel, and Forerunner.

DomainInvesting.com
Jul 11th, 2025
Monarch Money Acquires Monarch.com Domain

Monarch.com was acquired by Andy Booth, brokered by Sedo's Dave Evanson, and now forwards to MonarchMoney.com. Monarch, a personal finance app, recently raised $75 million in Series B funding, valuing the company at $850 million. Andrew Miller of Hilco Digital Assets confirmed the sale, though the price remains undisclosed due to an NDA. The acquisition aligns with Monarch's branding strategy.

Archynewsy
May 24th, 2025
Monarch Money Secures $75M Series B

Monarch Money, a financial wellness platform, has secured $75 million in Series B funding. This investment will be used to expand the platform's capabilities, enhance user experience, and grow the team. Monarch Money distinguishes itself with a comprehensive financial view, investment tracking, and collaborative planning features. The funding round, led by FPV Ventures and Forerunner Ventures, underscores strong investor confidence in Monarch Money's potential to revolutionize personal finance management.

Fintech Bits
May 23rd, 2025
The personal finance app Monarch secures an additional $75 million in funding.

The personal finance app Monarch secures an additional $75 million in funding.

CNBC
May 23rd, 2025
Monarch raises $75M amid fintech downturn

Monarch, a personal finance app, raised $75 million in a Series B round, valuing the company at $850 million. This funding comes amid a challenging period for consumer fintechs. Monarch's growth surged after Mint's closure, as it offers a paid, ad-free service. The round, led by FPV, highlights Monarch's innovative approach to financial planning. Despite a 38% decline in fintech funding, Monarch's success stands out in the current "nuclear winter" for fintech startups.

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