Full-Time
Software Engineer
Growth
Posted on 7/25/2025
Dakota
11-50 employees
Global USD business banking with DeFi
Compensation Overview
$130k - $170k/yr
Remote in USA + 2 more
More locations: Remote in UK | Remote in Spain
Remote
Candidates must be located in the U.S., United Kingdom, Spain, or Portugal.
 Software Engineering (2) |
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- 4+ years of experience in software engineering in fast-paced environments
- Proficiency in at least one scripting language, including JavaScript/TypeScript
- Experience building simple UIs and web pages in React
- Comfortable writing and modifying complex SQL queries
- Strong product intuition and a bias for action — you’re comfortable building MVPs quickly
- Excellent cross-functional communication and ability to scope and deliver work with non-engineers
- Experience building integrations with SaaS APIs (e.g., HubSpot, Salesforce)
- Comfortable working across a range of tooling, including browser automation and simple ETL pipelines
- Comfortable working in early-stage, fast-paced environments
- Located in the US, UK, Spain or Portugal
- Build and maintain internal tools that accelerate go-to-market, onboarding, and customer support workflows
- Design integrations between Dakota systems and third-party platforms (e.g., CRM, analytics, enrichment providers)
- Implement data scraping, enrichment, and syncing pipelines to support GTM initiatives
- Automate manual processes to improve operational efficiency across the company
- Collaborate closely with sales, operations, and product teams — gathering requirements, scoping solutions, and shipping fast iterations
- Contribute to Dakota’s product-led growth loop by prototyping tools, experiments, and workflows that enhance customer acquisition and retention
- Prior experience in a Growth or Internal Tools engineering role
- Experience scraping and normalizing structured/unstructured data (Beautiful Soup, etc)
- Proficient with LLMs and effective prompting techniques for major models, especially Claude
- Event tracking and data analytics (Amplitude, Google Tag Manager, etc)
- Familiarity with Retool
Dakota helps businesses access US dollars globally. It is a business banking platform that lets companies hold and move USD quickly through channels like ACH, Fedwire, SWIFT, and SEPA, so they can operate across borders. Deposits are backed by US Treasuries, which gives clients security and control over their funds. The service runs on a subscription model with a free tier and a Pro plan at $250 per month that adds features and support. Clients can earn up to 4% rewards on balances, with higher returns possible through risk-adjusted DeFi lending. The goal is to provide a reliable, flexible banking experience without annual fees or setup costs, while offering security and transparency. Dakota aims to stand out by using stablecoins backed by US Treasuries, by enabling DeFi lending options, and by planning to add corporate credit cards to broaden its financial services, supported by notable investors.
Company Size
11-50
Company Stage
Series A
Total Funding
$12.5M
Headquarters
null
Founded
2023
Simplify's Take
What believers are saying
- Processed $1.6B volume across 700 businesses, targeting $4B by December 2025.
- Raised $12.5M Series A in July 2025 led by CoinFund for expansion.
- Acquiring EMI and CASP licenses in Europe enhances regulated global access.
What critics are saying
- Bridge API handles 55% assets; outage halts deposits and transfers immediately.
- M0 captures developers via MetaMask custom stablecoins, eroding Dakota's share.
- 2026 US Treasury rules mandate FinCEN reporting over $500, driving clients offshore.
What makes Dakota unique
- Dakota enables programmable stablecoins for payments and treasury without client custody burdens.
- Platform integrates ACH, SWIFT, SEPA with stablecoins for seamless global USD transfers.
- Non-custodial model uses US Treasuries-backed DKUSD, avoiding rehypothecation risks.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Remote Work Options
Home Office Stipend
Coworking space monthly stipend
Competitive salary and equity in a high-growth fintech
Regular team events and off-sites
Company News
Fintech Dakota wants enterprises to treat money like software. The platform enables enterprises to use programmable stablecoins for payments and treasury while outsourcing custody, compliance and settlement. Financial technology company Dakota launched a stablecoin infrastructure platform as more enterprises look to adopt digital dollars without taking on the operational and regulatory burden of custody and compliance. Dakota will handle custody, compliance and settlement on behalf of its clients. CEO Ryan Bozarth told Cointelegraph that the company operates in the US as a registered Money Services Business, while working with licensed banking and regulated payments partners in other regions. It is also pursuing Electronic Money Institution and Crypto-Asset Service Provider licenses in Europe. This arrangement, according to Bozarth, enables Dakota to offer cross-border money movement without customers becoming regulated financial institutions themselves. "Teams can program when money moves, where it goes, how it's governed, and what happens after it settles - including approvals, limits, reconciliation and treasury actions," Bozarth said. According to the company, its platform is used by more than 700 businesses, including crypto companies and fintech platforms. "Stablecoins make this possible because they're digital dollars built on programmable infrastructure," he said. "That lets money behave like modern software - composable, automatable, and consistent across borders." The rise of programmable money. 2025 marked the rise of stablecoins as a major crypto narrative. But while most stablecoins still function as primarily as digital cash, a growing number of companies and countries are experimenting with programmable money by embedding rules, automation and controls directly into how funds move inside applications. In August, M0 raised $40 million in a Series B led by Polychain Capital and Ribbit Capital to build infrastructure that lets developers issue application-specific stablecoins with embedded rules around access, liquidity and use. The Switzerland-based company has partnered with projects such as MetaMask to integrate custom stablecoins directly into consumer-facing apps. The same month, Rain raised $58 million in a Series B led by Sapphire Ventures to expand tools that allow banks and enterprises to issue regulated stablecoins and automate compliant money flows. The company is focused on use cases such as real-time payroll, programmable cards and controlled spending programs across multiple blockchains. Beyond enterprise payments, programmable money is also being tested in government-led pilots where rules are enforced directly at the money layer. In 2024, Kazakhstan tested programmable money through two pilots using its digital tenge, a central bank digital currency, including a rail infrastructure project where funds were released only when predefined milestones were met and a separate program from the National Bank that automated VAT refunds, cutting processing times from more than two months to roughly two weeks. The Reserve Bank of India also plans to expand its digital rupee pilots by adding features such as programmability and offline payments. The central bank said the enhancements are intended to tailor payment flows for specific use cases, including government transfers and corporate spending.
Dakota has launched a stablecoin infrastructure platform enabling fintechs and enterprises to embed regulated global money movement through APIs. The San Francisco-based company allows businesses to offer stablecoin-based payments, treasury and payouts without becoming financial institutions themselves. The platform provides modular building blocks including APIs for stablecoin custody, embedded compliance workflows, global payouts and cross-border treasury operations. Dakota claims to reduce time to market from months to hours by handling regulatory approvals, custody setup and compliance workflows. Dakota operates as a registered Money Services Business in the US with active state Money Transmitter Licences, and is acquiring an EMI and CASP in Europe. The platform originated from the company's own stablecoin product, which processed over $100 million in supply.
Banking platform Dakota.xyz, founded by alumni of Coinbase, Square, and Airbnb, expands access to international business banking using stablecoin technology. Businesses and entrepreneurs use .xyz domains to build modern platforms across industries. Loyalty platform TYB.xyz helps brands like Urban Outfitters and Rare Beauty connect with over two million users. Onchain trading firm Warlock.xyz develops systems for responsible order flow management in decentralized markets. Creative studio HelloDiane.xyz delivers bold brand work for organizations like Nike and the World Health Organization. In this week's #WebsiteWednesday, Urbanergy'll introduce you to a global business banking platform that uses stablecoin infrastructure to power cross-border payments: Dakota.xyz. Introducing Dakota.xyz: A modern approach to global business banking. Dakota.xyz is the online home of Dakota, a crypto-integrated banking platform that helps businesses send and receive U.S. dollar payments through stablecoin infrastructure. The platform is designed to make global payments faster by combining traditional networks such as ACH, SWIFT, and SEPA with blockchain technology. Customers can send and receive payments in U.S. dollars through familiar banking methods, while behind-the-scenes transactions are settled with stablecoins backed by U.S. Treasuries. In July 2025, Dakota raised $12.5M in a Series A funding round led by CoinFund with participation from 6th Man Ventures and Triton Ventures.[1] How Dakota's platform is designed to operate. According to Dakota.xyz, deposits are automatically converted into stablecoins like USDC, which are issued by regulated entities and backed 1:1 by short-term U.S. Treasuries. This approach is designed to increase transparency and reduce institutional risk. Dakota is not a bank and does not offer FDIC insurance, but its operations are intended to be protected through cyber, crime, and errors-and-omissions insurance. The platform emphasizes a non-custodial model, which is designed to give customers control of their assets at all times and to prevent rehypothecation (the reuse of customer funds by financial institutions) without consent. Businesses can choose to use Dakota as their primary account or in conjunction with traditional banks. Available payment options include ACH and wire transfers, which are intended to support both U.S. and non-U.S. account holders. Leadership behind Dakota. The platform is co-founded by CEO Ryan Bozarth and Gabe Grazier G'Sell. According to his LinkedIn profile, Ryan previously served as CEO of Coinbase Custody, where he oversaw growth to more than $100M in annual recurring revenue. He also held roles as Group Product Manager at Coinbase, Head of Product at Anchorage Digital, Product Manager at Airbnb, and General Manager at Square. Gabe brings a background in software and product development. He is also the founder and CEO of Songcraft, a collaborative songwriting platform, and has worked as a web software consultant advising early-stage startups. Earlier in his career, he was a software engineer at Airbnb following Deco's acquisition. Dakota.xyz: A short and memorable domain for a global banking platform. Dakota uses the domain Dakota.xyz as its online home. Using .xyz made it possible for the team to secure an exact match for the project's name. The short and memorable domain makes the company easy to find and reflects its focus on building a modern, global-facing platform. The .xyz extension supports Dakota's identity as a forward-thinking brand, giving it a flexible and recognizable digital presence. You can learn more by following the platform on LinkedIn and X/Twitter @dakota_xyz, and by visiting Dakota.xyz. 1.https://www.coindesk.com/business/2025/07/15/crypto-banking-startup-dakota-raises-125m-for-global-stablecoin-push XYZ is proud to share about the many incredible members that make up the XYZ community! Urbanergy encourage you to do your own research before using the products and services of the websites Urbanergy feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
Dakota, a neobank co-founded by a former Coinbase executive, raised $12.5 million in a Series A led by CoinFund, with participation from 6th Man Ventures, Digital Currency Group, and Triton Ventures. Dakota uses stablecoins for transactions and has processed $1.6 billion in volume, aiming for $4 billion by December. The platform serves over 500 businesses, mainly outside the U.S., offering U.S.-style bank accounts. Dakota is regulated as a money services business in the U.S. and Europe.
Crypto-integrated banking startup Dakota has secured $12.5 million in Series A funding, positioning itself at the forefront of a fast-evolving fintech frontier: stablecoin-powered business banking.