Product Lead, Pomelo
$168-195k
Plus equity
Fee-free international remittances
Job no longer available
Fee-free international remittances
21-100 employees
Job no longer available
$168-195k
Plus equity
21-100 employees
Company mission
To reinvent the money transfer experience with credit to make it refreshingly free, fast, and safe.
Role
Who you are
- 6+ years of experience in a product manager role or similar
- Fintech experience: prior work in money transfers, credit, or payments
- Impact oriented: a strong focus on delivering outcomes over inputs or outputs
- User obsessed: seeks to deeply understand users and their problems and translate their needs into impactful solutions
- Data informed: uses key insights from qualitative and quantitative data to drive product decisions
- Strategic and tactical: adept at switching from high level vision and roadmap to day-to-day execution and delivery
- Product sense: drives sound product decisions based on thoughtful consideration of key requirements and tradeoffs
- Relentless: self starter with a strong bias for action and getting things done
- Collaboration: builds mutual understanding and trust with others across teams
- Exceptional verbal communicator with different audiences and contexts
- Founder, early stage, or hyper growth startup experience a plus
- Bachelor's degree or equivalent
What the job involves
- Pomelo is looking for an outstanding Product Lead to report to our VP of Product and own a major product area(s) such as credit, money movement, market expansion, and growth
Our take
Pomelo is the newest in a growing cadre of fintech startups of the same name. This Pomelo is looking to make international payments cheaper and more useful to the citizens sending billions home in remittances from the US each year.
With Pomelo users can instantly transfer cash to up to 4 international cards in the form of credit, and control and monitor spending on them. Alongside rapid international payment, this helps those typically excluded from financial systems to begin to build up a credit score - and options are available for those with neither a credit score nor a credit history to begin with.
This gives Pomelo an undeniably attractive edge over the numerous competitors in the space. None of Pomelo’s popular rivals like Xoom, Remitly, and WorldRemit offer this credit-building option, even though many remittance senders are underbanked. Plus, whilst competitors are engaged in a costly race-to-the-bottom on transfer fees, Pomelo charges precisely none: it makes money from interchanges, not transfers.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
Apr 2024
$35m
SERIES A
Aug 2022
$20m
SEED
Total funding: $55m
Company benefits
- 100% of your healthcare is covered by the company and 50% of all dependents
- 15 days PTO plus national holidays in first year, and 20 days PTO plus national holidays in year two
- $1,500 travel perk that covers plane tickets anywhere and $300 health perk
- $500 to improve your home office, separate from things like a computer and a smart whiteboard, which the company covers
- Semi-annual company meetups, covered by the company. This gives our remote workforce the opportunity to spend time and build in-person relationships with their colleagues
Company HQ
Mission District, San Francisco, CA
Leadership
A Stanford graduate who worked in Product at Marin Software, and then as a Partner Engineer at Facebook. Subsequently founded and served as CEO at database platform SingleStore.
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