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Internship

Software Engineer Intern

Data Science, Summer 2024

Posted on 11/7/2023

Ripple

Ripple

1,001-5,000 employees

Blockchain-based financial transaction solutions provider

Hardware
Fintech
Crypto & Web3
Financial Services

Toronto, ON, Canada

Category
Data & Analytics
Required Skills
Python
Data Science
R
SQL
Requirements
  • Currently enrolled in an undergraduate or in a graduate program, preferably in a science or quantitative field
  • Hands-on experience with tailoring and applying quantitative approaches to business questions, and analyzing and interpreting data
  • Experience with SQL, Python or R, and data visualization tools
  • Solid understanding of statistical concepts and machine learning models
  • Comfortable collaborating with cross-functional teams using strong written and verbal communication skills
  • Leads with inclusive actions and has a strong work ethic
  • Interests in open-source, entrepreneurship, economics and financial markets, creative thinking, systems thinking, or cryptography are a plus
Responsibilities
  • You will work with a team of data scientists and engineers who use data to drive Ripple's Product strategy and success. The entire Payment Data Science team works collaboratively and is a strong partner for teams across the company. You will get to meet and learn from diverse and talented colleagues
  • Data science and applied science candidates will dive in on high priority initiatives, including developing liquidity strategies for RippleNet products, defining new performance metrics for the RippleNet network and analyzing emerging DeFi and blockchain applications

Ripple provides financial services using blockchain technology and cryptocurrency to enhance transaction efficiency. Its platform allows clients, including financial institutions and governments, to conduct real-time settlements, manage liquidity, and access working capital, making transactions faster and more cost-effective. A key feature of Ripple is its ability to support Central Bank Digital Currencies (CBDCs), which are secure digital versions of national currencies, exemplified by its partnership with Palau. Unlike traditional financial services, Ripple's solutions are designed to lower costs and improve cash flow for its users. The company's goal is to transform financial transactions by offering scalable and sustainable solutions that meet the needs of modern financial systems.

Company Stage

Later Stage VC

Total Funding

$319.4M

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

10%

1 year growth

16%

2 year growth

37%
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Simplify's Take

What believers are saying

  • Ripple's partnerships with major banks and financial institutions, such as Santander and Commonwealth Bank of Australia, highlight its strong market position and potential for growth.
  • The company's innovative CBDC platform positions it as a leader in digital currency solutions for governments, offering significant growth opportunities.
  • Ripple's ability to provide real-time settlement and liquidity management can lead to improved cash flow and cost savings for its clients.

What critics are saying

  • Ongoing litigation with the SEC creates regulatory uncertainty and potential financial liabilities for Ripple.
  • The competitive landscape in the fintech and blockchain sectors is intense, with numerous players vying for market share.

What makes Ripple unique

  • Ripple leverages blockchain technology to offer faster, more transparent, and cost-effective financial services, setting it apart from traditional financial institutions.
  • The company's focus on Central Bank Digital Currencies (CBDCs) and partnerships with governments, like Palau, showcases its unique capability in the fintech space.
  • Ripple's enterprise solutions for instant payments, liquidity management, and treasury operations provide comprehensive financial tools that are not commonly found in one platform.

Benefits

401(k) Plan

Healthcare Coverage

Health and Wellness

Family Support

Flexible Vacation

Employee Giving

Learning and Development

INACTIVE