Internship

Software Engineer – Summer Intern

Posted on 2/12/2025

Method Financial

Method Financial

51-200 employees

API for comprehensive debt management solutions

Compensation Overview

$55/hr

Austin, TX, USA + 1 more

More locations: New York, NY, USA

Category
Full-Stack Engineering
Software Engineering
Requirements
  • Currently pursuing a Bachelor’s or Master’s degree in Computer Science, Software Engineering, or a related field expecting to graduate in 2025-2026
  • A critical thinker who evaluates existing systems, identifies inefficiencies, and is not afraid to challenge the status quo
  • A proactive problem solver who takes initiative and drives progress independently
  • A resilient and adaptable engineer who tackles hard problems, continuously seeks growth, and thrives at the edge of what you think you can do
  • Extreme care for your craft and seek to continuously improve it
Responsibilities
  • Build performant and scalable platforms and services powering Method's innovative products
  • Contribute to Method's core platform powering Payments, Transactions, and Real-Time Liability Data, or some of our UI products
  • Collaborate with business stakeholders and customers directly to identify, scope, and ship products for our millions of end-users
Desired Qualifications
  • Experience with our stack: NodeJS (TypeScript), React, Tailwind, MongoDB, AWS, Temporal
  • Interest in learning about Fintech Infrastructure, US payment rails (ACH, Wires, Swift)

MethodFi offers a solution for managing and paying off various types of debts through a single application programming interface (API). This API allows developers to integrate features such as loan repayment, data retrieval, and balance transfers into their applications without needing user credentials. MethodFi's product is debt-agnostic, meaning it can handle student loans, credit cards, auto loans, mortgages, and utility bills. Payments can be initiated quickly, with settlements occurring in minutes. The company aims to lower lending risk and boost revenue for businesses by enabling them to interact directly with users' debts while also improving users' financial health through a seamless refinancing experience. MethodFi generates revenue by charging for its API and related services, which include compliance, identity verification, and partnerships with banks. Additionally, it offers a no-code solution and white-labeled components for easier integration.

Company Size

51-200

Company Stage

Series B

Total Funding

$60M

Headquarters

Austin, Texas

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Method Financial raised $42M in Series B to expand its financial connectivity solutions.
  • Partnerships with BitPay and Happy Money enhance Method's market reach and service offerings.
  • The rise of embedded finance and open banking aligns with Method's API capabilities.

What critics are saying

  • Increased competition from fintech startups could dilute Method Financial's market share.
  • Reliance on partners like BitPay poses risks if they switch to competitors.
  • Rapid expansion post-Series B could lead to operational challenges and service disruptions.

What makes Method Financial unique

  • Method Financial offers a debt-agnostic API for diverse liabilities management.
  • The API provides real-time data retrieval without user credentials, enhancing security.
  • Method Financial's partnerships enhance its API's capabilities in cryptocurrency and debt consolidation.

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Benefits

💰 Competitive salary + equity

🧑‍💻 Remote first + flexible work schedule

🏡 Home office stipend + hardware

🏖️ Unlimited PTO

🏥 Full healthcare

📚 Learning stipend

👶 Paid parental leave

🏫 Student loan repayment

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

0%

2 year growth

21%
Business Wire
Jan 24th, 2025
Method Raises $41.5 Million Series B Led by Emergence Capital to Expand Financial Account Connectivity

Method Financial raised $41.5 million in its Series B funding round led by Emergence Capital, bringing the total funding to $60 million.

Tech Company News
Jan 24th, 2025
Method Financial Secures $42M Series B

Method Financial has raised $42M in Series B funding led by Emergence Capital to enhance its real-time financial connectivity solutions. The company aims to scale operations and develop tools that simplify financial decision-making. With support from partners like Samsung and Andreessen Horowitz, Method Financial plans to expand its product offerings and infrastructure, focusing on seamless and inclusive financial access for users.

PR Newswire
Jul 9th, 2024
Happy Money Partners With Method To Further Streamline Debt Consolidation For Members

Partnership enables a faster payment execution and greater visibility into money movementTORRANCE, Calif., July 9, 2024 /PRNewswire/ -- Happy Money , a leading provider of unsecured lending that helps credit unions grow, today announced a strategic partnership with Method , a leading provider of real-time data and payment access for consumer liabilities, to enhance the way members consolidate and pay off high-interest credit card debt.Happy Money and Method joined forces to provide members with a seamless experience paying off outstanding credit card debt via Happy Money’s Direct Card Payoff™ feature.Happy Money offers personal loans to streamline paying off credit card debt, saving consumers thousands of dollars thanks to low interest rates and a single, fixed payment. The integration of Method's liability connectivity APIs into Happy Money's platform enables more accurate and real-time identification of members' outstanding credit cards, live balance retrieval and balance transfer, without requiring members to enter account numbers or remember passwords. The partnership has resulted in an enhanced member experience and deeper transparency into money movement."Happy Money is helping consumers across the country access the capital they need to reach their goals in partnership with credit unions and other community-focused lenders," said Jose Bethancourt, CEO at Method. "With the integration of our technology, they are ensuring the process is as seamless, quick and efficient as possible, creating value for all involved."Since the partnership's onset , Happy Money members have connected over 50,000 accounts through Method's APIs, with millions of dollars of consumer debt being consolidated monthly via Method's connectivity and payment rails. Through the partnership, Method has facilitated over $7M in balance transfers for Happy Money members, helping them pay off debt faster."At Happy Money, we believe that prioritizing borrowers' well-being is a winning strategy; our platform allows consumers to meet their financial goals and enables credit unions to diversify their portfolios and grow," said Nick Pesce, Head of Product and Design at Happy Money. "With Method's sophisticated APIs, we gain more real-time information around consumers' outstanding credit cards, faster payment execution and more robust reporting."About Happy MoneyHappy Money is designing a happier way of lending that helps borrowers achieve their goals and helps credit unions achieve greater impact

FData
Sep 6th, 2023
FDATA North America September Newsletter

Method was named a finalist in the PayTech Start-up of the Year category at the PayTech Awards USA 2023.

Finance Feeds
Aug 9th, 2023
BitPay launches Bill Pay to allow users to pay bills directly from their crypto wallets

The provider of Bitcoin and cryptocurrency payment services has teamed up with Method Financial, an embedded banking service, to pull bills and liabilities in real-time, ensuring BitPay users have the most up-to-date information regarding their accounts and balances.

INACTIVE