Year-round

Business Operations Intern

Posted on 9/5/2025

Perpay

Perpay

51-200 employees

Interest-free paycheck-deducted installment payments

No salary listed

Philadelphia, PA, USA

In Person

On-site only; no remote option.

Category
Business & Strategy (1)
Required Skills
Marketing
Data Analysis
Requirements
  • Currently enrolled in a Bachelor's program, with the expected graduation date between winter 2026 – summer 2027
  • Cumulative GPA of 3.0 or better
  • Excellent verbal & written communication skills
  • Interest in Business Operations, Marketing, Accounting & Finance, or Product Development
  • Drive: someone who has the desire to continuously grow and develop
  • Attention to detail: you are organized, attentive, and focused
  • Positivity: you are optimistic, collaborative, and confident
  • Resiliency: you embrace and thrive on change, easily adapting to shifting priorities
Responsibilities
  • Support the Business Operations team and their daily responsibilities during a 10-12 week internship
  • Gain exposure to all operational functions including Approvals & Account Management, E-Commerce Operations, Payments & Reconciliation, and Customer Success
  • Work on projects of real impact
  • Meet with various business owners to drive personal and professional development and expand your network
  • Develop the skills to succeed in a fast-paced tech start-up environment and contribute to Perpay's unique culture

Perpay provides a platform for interest-free installment shopping. Users receive a spending limit based on a few questions and pay for their purchases through automatic deductions taken directly from their paychecks. Unlike many competitors that rely on traditional credit checks or high-interest loans, Perpay uses payroll integration to simplify the repayment process. The company's goal is to make significant retail purchases more accessible and affordable for people who want to avoid debt.

Company Size

51-200

Company Stage

N/A

Total Funding

$2.5M

Headquarters

Philadelphia, Pennsylvania

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • CFPB 2024 guidance on earned wage access legitimizes paycheck-deduction compliance framework.
  • Marqeta partnership enables scaled card issuance to 2 million members rapidly.
  • Credit score increases (32 points in three months) drive retention and referrals.

What critics are saying

  • Celtic Bank regulatory scrutiny over subprime lending halts credit card operations.
  • Marqeta outages or pricing increases cripple card issuance and repayments.
  • CFPB enforcement against deceptive BNPL practices forces shutdown or restructuring.

What makes Perpay unique

  • Automatic credit bureau reporting builds credit history unlike most BNPL competitors.
  • Paycheck-linked repayment model reduces default risk through direct deposit integration.
  • Income-based spending limits ($500–$2,500) target underbanked consumers systematically.

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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

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

7%
PaySpace Magazine
May 8th, 2025
Perpay Selects Marqeta to Power Consumer Credit Card

Perpay selects Marqeta to power consumer credit card.

INACTIVE