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Full-Time

React Native Engineer

Updated on 9/11/2024

ONE Finance

ONE Finance

501-1,000 employees

Digital banking platform with high-yield savings

Fintech

Compensation Overview

$175k - $200kAnnually

Senior

United States

Category
Mobile Engineering
Software Engineering
Required Skills
iOS/Swift
Android Development
React Native
Requirements
  • 5+ years Professional experience developing and deploying iOS and Android apps using React Native.
  • Passion for your craft and care for the people you work with. You value quality across code, communication, and culture.
  • An act-like-an-owner mentality.
  • A desire to keep growing your skills, and an ability to learn quickly. We hope you’ll be here for a while, and there’s no better investment than in our people.
  • The Triple H Factor: Hungry, Humble, Honest.
Responsibilities
  • Building and shipping features to deliver measurable outcomes for customers.
  • Employing best practices on a modern stack to achieve both quality and velocity.
  • Collaborating with PMs, designers, and other engineers.
  • Building trust with your colleagues and taking a high level of responsibility.
  • Seeking truth, being curious, and having a bias towards action.

One Finance provides a digital banking platform through its mobile app, allowing users to manage their finances easily. The app offers a debit Mastercard® and is designed for both individuals and small businesses seeking a convenient way to handle their money. By partnering with Coastal Community Bank, One Finance offers a high-yield savings account with an Annual Percentage Yield (APY) of up to 5.00% on balances up to $250,000, which is significantly higher than typical savings accounts. The company generates revenue primarily through interchange fees when customers use their debit card for purchases. Additional features include early direct deposit, cash back rewards at Walmart, instant money transfers, and overdraft protection. One Finance aims to provide cost-effective financial solutions that help customers grow their savings and manage their finances without the burden of monthly fees.

Company Stage

M&A

Total Funding

$66.7M

Headquarters

New York City, New York

Founded

2022

Growth & Insights
Headcount

6 month growth

19%

1 year growth

80%

2 year growth

221%
Simplify Jobs

Simplify's Take

What believers are saying

  • The potential launch of a BNPL service backed by Walmart could significantly expand ONE Finance's product offerings and customer base.
  • High APY on savings accounts can attract a large number of customers looking for better returns on their deposits.
  • The backing and majority ownership by Walmart provide financial stability and a strong market presence.

What critics are saying

  • The fintech market is highly competitive, with numerous players offering similar services, which could impact customer acquisition and retention.
  • Reliance on interchange fees for revenue may be vulnerable to regulatory changes and market fluctuations.

What makes ONE Finance unique

  • ONE Finance offers a high-yield savings account with an APY of up to 5.00%, significantly higher than the industry average.
  • The partnership with Coastal Community Bank allows ONE Finance to provide banking services without being a bank itself, reducing regulatory burdens.
  • The integration of features like early direct deposit, cash back at Walmart, and overdraft protection makes ONE Finance a comprehensive financial solution.