Full-Time
Software Engineer – New Grad
Posted on 9/10/2024
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 provides a financial solution that allows consumers to make purchases and pay for them over time without incurring interest. Users start by answering a few questions to determine their spending limit, which can be between $500 and $2,500. Once approved, they can shop immediately, and payments are automatically deducted from their paychecks in a series of installments, typically over eight periods. 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 convenience of direct paycheck deductions, making the repayment process straightforward and manageable. The company's goal is to make shopping more accessible and affordable for its members, helping them make significant purchases without the burden of debt.
Company Stage
N/A
Total Funding
$2.4M
Headquarters
Philadelphia, Pennsylvania
Founded
2016
6 month growth
↑ 23%1 year growth
↑ 41%2 year growth
↑ 79%
Simplify's Take
What believers are saying
- Perpay's user base of 2 million indicates strong market demand and growth potential.
- The automated payment system encourages stable repayment behavior, improving credit scores for users.
- Partnerships with retailers provide a steady revenue stream and business expansion opportunities.
What critics are saying
- The competitive fintech market may challenge Perpay's ability to maintain its unique position.
- Dependence on retailer partnerships could impact revenue if partnerships dissolve or underperform.
- Economic downturns may affect users' ability to maintain paycheck deductions, impacting repayment.
What makes Perpay unique
- Perpay offers interest-free payments deducted directly from paychecks, unlike traditional credit options.
- The company targets consumers without access to traditional credit, expanding its market reach.
- Perpay's model simplifies repayment with automated direct deposit payments, enhancing user experience.
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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