Full-Time
Software Engineer – New Grad
Confirmed live in the last 24 hours
Perpay
51-200 employees
Facilitates interest-free paycheck deduction payments
Entry
Philadelphia, PA, USA
This is not a remote opportunity; it is 100% onsite.
- Currently pursuing a Bachelor’s degree or higher or a recent graduate studying Computer Science, Mathematics, or a related technical field
- 1 to 2 previous Software Engineering internships with a focus on fullstack software development
- Experience with at least one backend application framework such as Django or Flask
- Experience with frontend technologies such as React, Angular, or Vue.js
- Knowledge of RESTful API design and integration
- Experience with Python or another dynamically typed language
- A strong focus on writing and deploying clear, readable, testable code
- Ability to pick up new technologies quickly, with software engineering fundamentals being valued more than familiarity with specific tools or languages
- Eagerness to learn, grow, and seek feedback from team members
- Strong communication skills
- Develop, test, and release features for our customer-facing and internal platforms alongside the engineering team
- Write clean, efficient, and maintainable code
- Collaborate cross-functionally to develop efficient and user-friendly solutions to support the complex needs of our business
- Actively participate in design reviews, code reviews, and discussions to improve our software architecture and implement efficient processes within our engineering team
Perpay.com provides a financial solution that allows consumers to shop without the burden of high-interest rates. Users can make purchases and pay for them over time through interest-free payments that are automatically deducted from their paychecks. The process begins with users 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 beneficial for those who may not have access to traditional credit or prefer to avoid interest charges. What sets Perpay apart from its competitors is its focus on interest-free payments and the simplicity of direct paycheck deductions, making the repayment process hassle-free. The company's goal is to make shopping more accessible and affordable for its members, providing a straightforward alternative to traditional credit options.
Company Stage
Seed
Total Funding
$8M
Headquarters
Philadelphia, Pennsylvania
Founded
2016
6 month growth
↑ 3%1 year growth
↑ 11%2 year growth
↑ 53%
Simplify's Take
What believers are saying
- Perpay's rapidly growing user base of 2 million members indicates strong market demand and potential for continued growth.
- The interest-free payment model can attract a broad range of consumers, including those wary of incurring debt, thereby expanding the customer base.
- Partnerships with retailers can provide additional revenue streams and enhance the shopping experience for users.
What critics are saying
- The competitive landscape of financial technology and retail markets means Perpay must continuously innovate to maintain its unique value proposition.
- Reliance on paycheck deductions could pose risks if users experience job instability or changes in employment status, affecting repayment.
What makes Perpay unique
- Perpay's unique model of interest-free payments directly deducted from paychecks sets it apart from competitors who often rely on traditional credit or high-interest installment plans.
- The straightforward approval process and immediate shopping capability provide a seamless user experience, unlike more cumbersome credit checks and approval processes seen elsewhere.
- By focusing on consumers who may not have access to traditional credit options, Perpay taps into an underserved market segment, offering a valuable alternative to high-interest loans.
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