Product Manager, Lopay
£65-80k
Equity included
2-5 days a week in office (Farringdon)
UK-based payment app for small businesses
Be an early applicant
UK-based payment app for small businesses
21-100 employees
Be an early applicant
£65-80k
Equity included
2-5 days a week in office (Farringdon)
21-100 employees
Company mission
To be the most flexible and most rewarding payment app for small businesses.
Role
Who you are
- Bachelor’s degree in Business, Engineering, or a related field; MBA or equivalent experience preferred
- 3+ years of product management experience, preferably within FinTech, payments, or B2B SaaS
- Proven track record of delivering successful product features, with a customer-first approach
- Strong analytical skills and experience with data-driven decision-making
- Excellent communication, collaboration, and project management skills
What the job involves
- Develop and communicate a clear product strategy and roadmap aligned with Lopay’s vision and goals
- Collaborate with the Chief Product Officer to ensure product priorities support company-wide initiatives and adjust as needed
- Conduct market research, competitor analysis, and user interviews to understand merchant and user needs
- Gather insights from Customer Success and Sales to enhance customer satisfaction and address pain points
- Lead the end-to-end product development process, from ideation and requirements gathering to launch
- Manage and prioritize the feature backlog to ensure the timely delivery of high-impact features
- Act as the primary liaison between Engineering, Marketing, Operations, and Customer Support for cohesive product execution
- Partner with Design to create intuitive, user-friendly experiences for complex flows like onboarding and payment setup
- Define and monitor key product metrics to ensure initiatives are driving meaningful results
- Use data analytics and user feedback to iterate and improve product features, addressing gaps in tracking and performance
- Collaborate with Marketing and Customer Success on go-to-market strategies, including product documentation, training materials, and launch support
- Regularly update the Chief Product Officer and key stakeholders on product progress, risks, and opportunities
- Present roadmap updates and product demos to internal and external audiences as needed
Application process
- 1. Apply with your profile, cv and LinkedIn
- 2. First stage interview (intro's)
- 3. Second stage interview (more indepth)
- 4. Third stage interview (meet and greet)
Salary benchmarks
Our take
The UK mobile payments market saw rapid growth over the pandemic period. Over one third of the adult population are now registered for mobile payments, with services like Apple Pay and Google Pay seeing a 75% boost in signups. Mobile payments are firmly positioned to become the future of commerce, and fintech companies are cashing in big.
Lopay is one of the payments apps looking to break into the scene, but it faces stiff competition from heavyweights like Zettle, Sumup, and PayPal. Having launched in late 2021, the real challenge will be to assert itself as a distinctive market entrant. To do so, its marketing itself as a merchant-friendly alternative, undercutting competitors’ transaction fees for customers who can afford to postpone payments access by a few days.
Core to Lopay’s offering is flexibility and control – merchants set their payout schedule and they can switch between schedules at any time. As well as this, a real edge Lopay are offering is a sliding transaction fee scale, which does offer a highly competitive 0.79% for weekly access. It remains to be seen how successful Lopay can become in a crowded market.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Team energy
"There's never a dull day in the office because every member of Lopay offers an unbridled amount of energy. Everyone enjoys working with each other..."
Funding (1 round)
Jan 2023
$5.1m
Early VC
Total funding: $5.1m
Company benefits
- 25 days holiday a year (plus, statutory public holidays)
- Workplace pension scheme
- New Laptop (MacBook / Windows, your choice)
- A “referral bonus” when you get friends/acquaintances to join the team
- Stock options
- Home office equipment allowance
Company HQ
London, UK
Articles
Leadership
Richard Carter
(CEO)Co-Founder & Chairman of OrderPay. Former Vice President of Ecrebo Limited.
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