Full-Time

Software Engineer

Posted on 8/27/2024

DriveWealth

DriveWealth

201-500 employees

B2B financial technology for investment services

Fintech
Financial Services

Compensation Overview

$180k - $185kAnnually

Junior, Mid

New York, NY, USA

Hybrid position in New York, NY.

Category
Backend Engineering
FinTech Engineering
Software Engineering
Required Skills
Kubernetes
Java
REST APIs
Requirements
  • Must have a Master’s Degree in Computer Science, Digital Sciences, Computer Engineering, Electronics Engineering, or Information Systems Engineering and Management
  • skills and knowledge of J2EE, Spring Boot, Apache POI API, Spring Security, Kubernetes, and Microservices
Responsibilities
  • Design, develop, and implement software applications for financial and trading systems management applying J2EE, Spring Boot, and Apache POI API
  • Analyze software architecture and technical specifications for Java-based software using Core Java, Objected Oriented Programming, Design Patterns, and Kubernetes
  • Design and upgrade unit and integration tests of new software applications
  • Troubleshoot and debug software System Design issues
  • Optimize APIs applying Restful API, Java 8, API Design, and Micro Services

DriveWealth provides a financial technology platform that allows various businesses, such as banks and digital wallets, to offer investment and trading services to their customers. Their main product is a set of APIs that partners can use to create both traditional investment processes and new features, like allowing users to invest spare change into fractional shares of stocks. This flexibility sets DriveWealth apart from competitors, as it caters to a wide range of clients looking to enhance their service offerings with investment capabilities. The company's goal is to make investing accessible and integrated into everyday financial activities for consumers.

Company Stage

Series D

Total Funding

$537.7M

Headquarters

Jersey City, New Jersey

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

-3%
Simplify Jobs

Simplify's Take

What believers are saying

  • DriveWealth's $450M investment will accelerate global expansion and technology enhancement.
  • Partnership with Sharegain opens new opportunities in securities lending for online brokers.
  • Increased demand for fractional investing in emerging markets boosts DriveWealth's growth potential.

What critics are saying

  • Intensifying regulatory scrutiny may increase compliance costs for DriveWealth.
  • Emerging fintech competitors could erode DriveWealth's market share.
  • Economic instability in key markets like Turkey could impact growth projections.

What makes DriveWealth unique

  • DriveWealth offers a unique Brokerage-as-a-Service model for seamless investing experiences.
  • The company provides fractional investing solutions, making investing accessible to all wealth stages.
  • DriveWealth's API-based platform allows partners to integrate investment capabilities easily.

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Benefits

Insurance – Medical, Dental, Vision, Life, LTD & STD. HSA and FSA options.

Unlimited PTO

401k plan

Flexible working hours and work from home

Continuing education and conferences reimbursement

Fitness/Wellbeing reimbursement

Home Office stipend

Lunch program, snacks and beverages available in the office

INACTIVE