Scratch

Changing the way consumers experience debt for the better.

Founded 2015
16-50 employees
  • Banking, Corporate Finance, & Investing
  • Technology Infrastructure
  • Headquarters address
    375 Alabama Street, San Francisco, CA 94110

    Hey there! We're Scratch.

    Scratch brings world-class product and technical thinking to the antiquated and extremely manual loan servicing industry, a 60B dollar industry. Together with a handful of superb engineering talent, we've spent the last two years in stealth mode proving out the technology and building our platform from scratch - pun intended. :)

    What We Do

    We’re tackling the ancient and massive ($60B) loan servicing space that impacts almost every person in the country. The short story is that when a borrower gets a loan, that’s just the beginning of a decades-long relationship, and borrowers have historically been treated awfully (literally: see 1 & 2 below). Our mission is to finally give borrowers the experience they deserve.

    What’s at stake? Scratch aims to be the source of truth for trillions of dollars, which means we must take high-quality engineering seriously. It’s crucial we have accuracy and precision on non-trivial math down to seven decimal places with no data loss or security compromises. Because of the space, we've built out a lot of infrastructure in a very thoughtful manner. We have plenty of meaty, fun technical problems to solve and need more engineers to help solve them!

    Who we are

    We’re a 40+ person, series A-funded startup based in San Francisco (3). We've built a culture centered on intellectual curiosity, solving hard technical problems, and inclusivity. We’re also funded by some of the best investors in Silicon Valley and New York: Index Ventures, Founders Fund, Ribbit Capital, JP Morgan, and NYCA.

    Links:
    1. https://www.nytimes.com/2017/04/09/business/dealbook/states-say-navient-preyed-on-students.html?mcubz=1
    2. https://www.consumerfinance.gov/about-us/newsroom/cfpb-supervision-finds-some-student-loan-and-mortgage-servicers-illegally-fail-provide-protections-borrowers/
    3. Our team - https://www.linkedin.com/company/10691606/

    Tech stack

    Ruby, React, AWS, EC2, DynamoDB, Docker, Redux, PostgreSQL, Git, AWS Cloud Formation, Javascript

    Benefits

    Compensation and retirement

    Stock Options
    401k
    Cell phone reimbursement
    Commuter assistance plans

    Health and wellness

    Health insurance
    Dental insurance
    Vision insurance
    FSA (Flexible Spending Plan)
    Fitness reimbursement

    Vacation and time off

    Paid time off
    Paid holidays
    Work from home flexibility
    Maternity benefits
    Paternity benefits

    Personal development

    Tuition reimbursement
    Management training
    Conferences reimbursement
    Hackathons

    Values and quality of life

    Accessible via public transportation
    Snacks and beverages
    Catered breakfasts
    Catered lunches
    Catered dinners