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Full-Time

Data Engineer

Confirmed live in the last 24 hours

Parker

Parker

51-200 employees

Financial solutions for e-commerce businesses

Financial Services
Legal

Mid, Senior

Remote in USA

Category
Data Engineering
Data & Analytics
Required Skills
Redshift
Python
SQL
Requirements
  • Minimum of three years of experience with modern data engineering technologies such as: S3, Redshift, SQL, DBT, Python, etc.
  • Interest in building robust pipelines that will be mission critical for our business
  • Proven abilities in developing your own scalable, products/applications from scratch

Parker provides financial services tailored for e-commerce businesses aiming to grow. The company offers a unique credit card that allows businesses to maintain working capital for up to six times longer than traditional methods, addressing cash flow challenges. This credit card features a full credit period on every transaction, with repayment terms extending up to 90 days, enabling businesses to keep more cash on hand. In addition to credit services, Parker offers banking solutions and an analytics tool that integrates with various business systems, giving users a comprehensive view of their financial health. This combination of services helps e-commerce brands make informed decisions and enhances their growth potential. Parker stands out from competitors by providing performance-based underwriting and higher credit limits, making it an appealing choice for businesses looking to scale.

Company Stage

Series A

Total Funding

$157M

Headquarters

New York City, New York

Founded

2020

Growth & Insights
Headcount

6 month growth

2%

1 year growth

35%

2 year growth

323%
Simplify Jobs

Simplify's Take

What believers are saying

  • Parker's recent $157M funding round, including equity and debt, positions the company for substantial growth and market penetration.
  • The company's unique financial model, which includes no foreign transaction fees and extended credit periods, can significantly enhance the financial stability and growth potential of e-commerce businesses.
  • Parker's analytics tool provides businesses with valuable insights, enabling more informed and profitable decision-making.

What critics are saying

  • The competitive landscape, with established players like Brex and Ramp, poses a significant challenge to Parker's market share.
  • The reliance on debt funding, including a $70M debt facility, could impact financial stability if revenue growth does not meet expectations.

What makes Parker unique

  • Parker's credit card offers a unique 90-day repayment period, significantly longer than traditional business credit cards, providing e-commerce businesses with extended working capital.
  • The company's performance-based underwriting and higher credit limits cater specifically to the needs of growing e-commerce brands, unlike more generalized financial services.
  • Parker integrates banking and analytics services into its platform, offering a comprehensive financial solution that goes beyond mere credit services.