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Full-Time

Risk Analyst

Strategic Analytics

Confirmed live in the last 24 hours

Perpay

Perpay

51-200 employees

Facilitates interest-free paycheck deduction payments

Fintech
Financial Services

Junior, Mid

Philadelphia, PA, USA

This is not a remote opportunity; it is 100% onsite.

Category
Risk Management
Finance & Banking
Required Skills
Python
R
SQL
Financial analysis
Data Analysis
Requirements
  • Bachelor’s degree or higher in a relevant field (e.g., Business Administration, Economics, Finance, Computer Science, Statistics)
  • 2+ years of experience in relevant industry or data analytics coursework
  • Expertise in using SQL to acquire and transform data
  • Experience in Excel with financial analysis, CBA and ROI
  • Familiarity with object-oriented programming languages (e.g. Python or R preferred)
  • Basic analytical skills with an eagerness to learn and apply insights
  • Strong written and oral communication skills, particularly around presenting clear and actionable recommendations with decision-makers
Responsibilities
  • Provide analytics-backed insight into portfolio performance
  • Use SQL and other relevant tools to perform data analysis
  • Communicate information effectively using data visualization tools and reports
  • Collaborate with cross-functional teams to extract meaningful insights from large datasets, focusing on implementing data-driven strategies tailored to our multi-product environment
  • Ability to translate complex analytical projects into concrete business recommendations
  • Support various projects and initiatives aligned with the company’s goals, emphasizing the integration of data analytics
Perpay

Perpay

View
Website

Perpay.com provides a financial solution that allows consumers to shop without the burden of high-interest rates. Users can make purchases and pay for them over time through interest-free payments that are automatically deducted from their paychecks. The process begins with users 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 installments, typically eight. This model is particularly beneficial for those who may not have access to traditional credit or prefer to avoid interest charges. What sets Perpay apart from its competitors is its focus on interest-free payments and the simplicity of direct paycheck deductions, making the repayment process hassle-free. The company's goal is to make shopping more accessible and affordable for its members, providing a straightforward alternative to traditional credit options.

Company Stage

Seed

Total Funding

$8M

Headquarters

Philadelphia, Pennsylvania

Founded

2016

Growth & Insights
Headcount

6 month growth

↑ 23%

1 year growth

↑ 41%

2 year growth

↑ 89%
Simplify Jobs

Simplify's Take

What believers are saying

  • Perpay's rapidly growing user base of 2 million members indicates strong market demand and potential for continued growth.
  • The interest-free payment model can attract a broad range of consumers, including those wary of incurring debt, thereby expanding the customer base.
  • Partnerships with retailers can provide additional revenue streams and enhance the shopping experience for users.

What critics are saying

  • The competitive landscape of financial technology and retail markets means Perpay must continuously innovate to maintain its unique value proposition.
  • Reliance on paycheck deductions could pose risks if users experience job instability or changes in employment status, affecting repayment.

What makes Perpay unique

  • Perpay's unique model of interest-free payments directly deducted from paychecks sets it apart from competitors who often rely on traditional credit or high-interest installment plans.
  • The straightforward approval process and immediate shopping capability provide a seamless user experience, unlike more cumbersome credit checks and approval processes seen elsewhere.
  • By focusing on consumers who may not have access to traditional credit options, Perpay taps into an underserved market segment, offering a valuable alternative to high-interest loans.

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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