Internship
Software Engineering Internship
Posted on 1/28/2025
Perpay
51-200 employees
Facilitates interest-free paycheck deduction payments
Philadelphia, PA, USA
This is not a remote opportunity; it is 100% onsite.
- Currently enrolled in or will receive a Bachelor’s or higher in Computer Science, Mathematics, or related technical discipline with an expected graduation date between winter 2025 – summer 2026
- Cumulative GPA of 3.0 or better
- Knowledge and experience with some if not all of our stack
- Ability to pick up new technologies quickly, with software engineering fundamentals being valued more than familiarity with specific tools or languages
- A strong focus on writing and deploying clear, readable, testable code
- Learn and gain real work experience before graduation
- Work on features within the existing product roadmap
- Contribute to the codebase, test & release features into production
- Partner with other teams like product, design, data science & analytics, operations, and other stakeholders to ship new features and products
- Develop skills to succeed in a fast-paced tech start-up environment
- Enrolled in a Master’s Degree or advanced technical degree
- Previous work experience in a technical field
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 typically eight installments. 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 easier for users. The company's goal is to provide a hassle-free shopping experience that allows consumers to make significant purchases without incurring debt or interest.
Company Size
51-200
Company Stage
N/A
Total Funding
$2.4M
Headquarters
Philadelphia, Pennsylvania
Founded
2016
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