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Growth · Software Engineer Interview Guide

Interview language: English

How to Pass the Wave Software Engineer Interview in 2026

The Wave DNA (TL;DR)

The 'Wave We' principle guides hiring, seeking individuals who can simplify complex financial workflows for small business owners. Interviewers assess practical application in building intuitive tools, ensuring candidates align with the company's mission to empower entrepreneurs through products like Wave Deposit.

The Wave Interview Loop

Your onsite loop will typically consist of 5 rounds.

  1. 1

    Round 1

    Recruiter Screen
    Motivation, role fit, logistics.
  2. 2

    Round 2

    Coding Screen
    LeetCode-medium algorithmic problems under time pressure.
  3. 3

    Round 3

    System Design
    Distributed systems, trade-offs at scale, architecture under constraints.
  4. 4

    Round 4

    Onsite Coding
    LeetCode-hard, debugging, code clarity, edge cases.
  5. 5

    Round 5

    Behavioral / Leadership
    Past evidence of ownership, influence, resolving conflict.

The Danger Zone: Top Reasons Candidates Fail

Based on our database of Wave interview outcomes, avoid these common traps:

  • Failing to identify the root cause of the bug, focusing on superficial changes.
  • Focusing solely on the other person's fault.
  • Describing a situation where information was actually complete.
  • Not considering message queuing or asynchronous processing for scalability.

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Test Yourself: Real Wave Questions

Three real prompts pulled from our database.

Type · algorithmic

Given a list of transactions, where each transaction has a sender ID, receiver ID, and amount, write a function to calculate the net balance for each user. Users with no transactions should have a balance of 0.

Type · conflict resolution

Tell me about a time you had a significant disagreement with a colleague or manager. How did you handle it, and what was the resolution?

Type · past-experience

Describe a situation where you disagreed with a technical decision made by your team or lead. How did you handle the disagreement, and what was the result?

+ many more questions, signals, and worked examples

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Wave Interview Question Bank

A sample from our database, grouped by round. Sign up to see the full set.

9 of 15 questions shown

1

Recruiter Screen

1
  1. 1

    Type · motivation

    Wave's mission is to help small businesses succeed. Can you tell me about a time you've been motivated by a mission-driven company or product, and how that impacted your work?
2

Coding Screen

3
  1. 2

    Type · algorithmic

    Given a list of transactions, where each transaction has a sender ID, receiver ID, and amount, write a function to calculate the net balance for each user. Users with no transactions should have a balance of 0.
  2. 3

    Type · algorithmic

    Implement a function that takes a list of payment requests, each with an amount and a timestamp, and returns a list of approved payments. A payment is approved if the total amount of payments from the same user within a 60-second window does not exceed $1000.
  3. + 1 more questions in this round (sign up to unlock)
3

System Design

3
  1. 4

    Type · design

    Design a system to process and reconcile bank transfers for Wave users. Consider aspects like idempotency, error handling, and scalability to handle millions of transactions daily.
  2. 5

    Type · design

    How would you design a real-time notification system for Wave users to alert them about new transactions, low balances, or payment confirmations? Discuss the trade-offs between different notification channels (e.g., push, email, SMS).
  3. + 1 more questions in this round (sign up to unlock)
4

Onsite Coding

3
  1. 6

    Type · algorithmic

    Implement a function to detect fraudulent transactions based on a set of rules. For example, a transaction might be flagged if it exceeds a certain amount, originates from a suspicious IP address, or occurs shortly after a series of small, rapid transactions. You'll need to manage state across multiple transactions.
  2. 7

    Type · algorithmic

    Given a stream of financial data (e.g., stock prices, currency exchange rates), implement a data structure that can efficiently calculate the moving average over a configurable window size. Ensure thread-safety if multiple threads might update the stream.
  3. + 1 more questions in this round (sign up to unlock)
5

Behavioral / Leadership

5
  1. 8

    Type · conflict resolution

    Tell me about a time you had a significant disagreement with a cross-functional partner (e.g., engineer, designer, marketer) about a product decision. How did you approach the situation, and what was the outcome?
  2. 9

    Type · past-experience

    Tell me about a time you had to make a significant technical decision with incomplete information or under tight deadlines. How did you approach it, what was the outcome, and what did you learn?
  3. + 3 more questions in this round (sign up to unlock)

Unlock all 15 Wave questions, free

No credit card. Every question with its framework, the grading signals interviewers score against, and a worked answer for each.

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Interview tracks at Wave

How Wave's DNA translates across functions. Pick your role.

Compare Wave with similar employers

Same DNA, different bar. Browse the closest companies in our database and see how their loops differ.

Practice Wave interviews end-to-end

Sample answers

What a strong answer to these Wave interview questions shows.

Given a list of transactions, where each transaction has a sender ID, receiver ID, and amount, write a function to calculate the net balance for each user. Users with no transactions should have a balance of 0.

A strong answer shows: Data structure proficiency; Algorithmic efficiency; Edge case handling.

Tell me about a time you had a significant disagreement with a colleague or manager. How did you handle it, and what was the resolution?

A strong answer shows: Calm and objective description of the conflict.; Focus on understanding different perspectives.; Demonstrates a collaborative approach to resolution..

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