P

Perpay

Runs paycheck-funded shopping and credit tools

Finance Intern

Summer 2027
No salary listed
Internship
Bachelor's, Master's, MBA
Philadelphia, PA, USA
In Person100% onsite in Philadelphia.
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • Currently pursuing a bachelor's degree or higher in Finance, Economics, Mathematics, Analytics, or a related quantitative field, with an expected graduation between Winter 2027 and Summer 2028, or equivalent experience.
  • Strong analytical skills with acute attention to detail.
  • Interest in financial technology and the consumer credit landscape.
  • Deep understanding of financial statements and models.
  • Proficiency in Excel.
Responsibilities
  • Work directly on financial reporting and strategic finance initiatives during the 10–12-week internship.
  • Perform financial planning and analysis using Excel to analyze key metrics and support decision-making processes.
  • Analyze financial performance related to e-commerce, credit building, and credit card operations to contribute insights that drive growth and profitability.
  • Manipulate and analyze data to communicate findings.
  • Prepare and deliver ad hoc strategic financial models with other teams across the company.
  • Complete a lightweight data challenge using industry-relevant data.
  • Complete an in-depth data challenge using publicly available data and present the challenge to the team.
  • Participate in phone and team interviews covering background, interest in the role, and scenario-based questions.
Desired Qualifications
  • Enrollment in an MBA, master's degree, or advanced quantitative degree.
  • Previous work experience in a quantitative field.
  • Background in capital markets and/or valuation of assets.
  • Proficiency in SQL.

About the company

Perpay runs a shopping and credit-building platform for US consumers, using payroll direct deposits to make payments fit their income and pay schedule. Its Marketplace sells electronics, home goods, and other products through interest-free installment purchases, while Perpay+ reports payment history to the major credit bureaus. A separate unsecured Perpay Credit Card, issued by Celtic Bank, extends spending beyond the marketplace and supports automatic payments from paychecks. The business combines retail product sales with a subscription fee for Perpay+ credit reporting, which also includes credit monitoring through its dashboard. Perpay was founded in 2016 and is headquartered in Philadelphia, Pennsylvania.

Company Size

51-200

Company Stage

N/A

Total Funding

$2.5M

Headquarters

Philadelphia, Pennsylvania

Founded

2016

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Simplify Jobs

Simplify's Take

What believers are saying

  • Credit building shows results: Perpay reports 30-plus first-year average score gains among 50,000 Perpay+ customers starting at 550 or below.
  • Customer reach supports cross-selling: Perpay says millions of members work across more than 50,000 employers.
  • Operations builds varied experience: Perpay's listed associate program rotates across internal teams in ten-to-eleven-week assignments.

What critics are saying

  • Fees raise access costs: Perpay's card agreement charges $9 monthly after the first year.
  • Card reach depends on payroll: Perpay excludes gig workers unless their own company pays through third-party payroll.
  • Philadelphia attendance limits flexibility: Perpay's listed operations rotation requires office work, with remote weeks around major holidays.

What makes Perpay unique

  • Shipping follows repayment: Perpay sends Marketplace orders only after receiving the first payroll payment.
  • New Perpay cards reward repayments: customers earn 2% as Marketplace credits.
  • Perpay controls card experiences through Marqeta: the issuing platform supports instant virtual cards and real-time spending controls.

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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

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-1%
PaySpace
May 8th, 2025
Perpay Selects Marqeta to Power Consumer Credit Card

Perpay selects Marqeta to power consumer credit card.