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Full-Time

Mid Backend Software Engineer

Python

Posted on 5/22/2024

Sendwave

Sendwave

1,001-5,000 employees

Fee-free international money transfer service

Consulting
Fintech
Financial Services

Mid

Remote in USA

Category
Backend Engineering
Software Engineering
Required Skills
Python
Development Operations (DevOps)
Requirements
  • Strong experience in building backend services/APIs with Python
  • Experience with microservices and monolith applications
  • Solid experience with system design and architecture
  • Experience with unit and integration tests
  • DevOps mindset
  • Ability to build effective relationships with stakeholders
  • Open-mindedness towards diversity and inclusivity
Responsibilities
  • Write great code
  • Help shape what we build
  • Influence technology evolution
  • Own delivery
  • Grow together
  • Share knowledge and points of view
  • Simplify and improve existing systems

Sendwave provides a platform for international money transfers, allowing users to send money abroad quickly and without fees. The service is especially popular among immigrants and expatriates sending remittances to countries like Africa, the Philippines, and Haiti. Unlike many competitors, Sendwave generates revenue through the exchange rate margin instead of charging transaction fees. The company is licensed in multiple regions and offers 24/7 customer support, ensuring a reliable and user-friendly experience.

Company Stage

Series A

Total Funding

$403.7M

Headquarters

Washington, District of Columbia

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Sendwave's new banking product, Sendwave Pay, offers additional financial services like interest-earning accounts and reduced remittance fees, enhancing customer value.
  • The company's strong reputation and over one million users worldwide indicate a solid and trusted market presence.
  • Operating under the umbrella of Zepz, Sendwave benefits from the financial stability and resources of a larger fintech entity.

What critics are saying

  • Regulatory scrutiny, as seen with the CFPB's actions against Chime, could impact Sendwave's operations and reputation.
  • The competitive landscape in the remittance market is fierce, with many players vying for market share, which could affect Sendwave's growth.

What makes Sendwave unique

  • Sendwave's no-fee service for international money transfers sets it apart from competitors who often charge high fees.
  • The company leverages a user-friendly app that allows for fast and secure transactions, making it highly accessible for immigrants and expatriates.
  • Sendwave's revenue model based on exchange rate margins rather than fees provides a transparent and cost-effective solution for users.
INACTIVE