Internship
Business Operations Internship
Confirmed live in the last 24 hours
Perpay
51-200 employees
Facilitates interest-free paycheck deduction payments
Philadelphia, PA, USA
This is not a remote opportunity; it is 100% onsite.
You match the following Perpay's candidate preferences
Employers are more likely to interview you if you match these preferences:
- Currently enrolled in a Bachelor’s program, with the expected graduation date between winter 2025 – summer 2026
- 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
- Support our Business Operations team and their daily responsibilities
- 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
Perpay helps consumers make shopping more accessible and affordable by allowing them to purchase products through interest-free payments that are deducted directly from their paychecks. Users start by 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 useful for individuals who may not have access to traditional credit or prefer to avoid high-interest rates. What sets Perpay apart from its competitors is its focus on interest-free payments and the simplicity of having payments deducted directly from paychecks, making the repayment process hassle-free. The company's goal is to provide a straightforward and manageable way for consumers to make significant purchases without incurring debt or interest.
Company Stage
N/A
Total Funding
$2.4M
Headquarters
Philadelphia, Pennsylvania
Founded
2016
6 month growth
↑ 5%1 year growth
↑ 10%2 year growth
↑ 0%
Simplify's Take
What believers are saying
- Rising demand for flexible payment options boosts Perpay's interest-free installment model.
- AI integration can refine Perpay's spending limit assessments, improving user experience.
- Embedded finance trends offer Perpay expansion opportunities through e-commerce partnerships.
What critics are saying
- Increased competition from fintech startups may erode Perpay's market share.
- Regulatory scrutiny on income-based limits could raise compliance costs for Perpay.
- Economic downturns may affect users' repayment ability, impacting Perpay's 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, providing a unique market position.
- Perpay's model supports significant credit score increases, enhancing user financial health.
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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