Full-Time

Senior Account Executive

Updated on 2/3/2025

Lithic

Lithic

51-200 employees

Platform for creating and managing card products

Fintech
Financial Services

Compensation Overview

$125kAnnually

+ Commission + Equity

Senior

New York, NY, USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales

You match the following Lithic's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 5+ years of proven success in quota carrying sales role, with demonstrated experience selling SaaS based solutions
  • Demonstrated track record of exceeding sales targets and driving revenue growth in a B2B sales environment
  • Demonstrated proficiency in technical products and APIs
  • Passion for achieving goals in an early/growth stage environment
  • Proven ability to take complex customer requirements and craft solutions
  • Strong writing, content development, and in-person and virtual presentation skills
Responsibilities
  • Develop and execute go-to-market strategy for strategic verticals
  • Own the full sales cycle from lead to close for early- and late-stage fintech companies
  • Own a named account list and develop account plans for winning business
  • Build relationships with executive stakeholders
  • Be accountable for meeting/exceeding agreed-upon sales targets
  • Become the go-to expert for your verticals, and use that expertise to provide value to your prospects and insights to our product teams
  • Deeply understand our products and how they apply to customer problems, so you can be successful before we fully ramp solution engineering, sales development, and enablement
  • Partner with Marketing on customer targeting, outbound campaigns, and optimizing conversion rates at every funnel stage
Desired Qualifications
  • Experience in fintech, payments, or API-first companies is preferred
  • Experience selling into Banks is a plus

Lithic provides a platform for businesses to create and manage their own credit, debit, or prepaid card products. Their system allows companies to issue both virtual and physical cards, manage digital wallets, handle disputes, and set dynamic spending controls. By integrating directly with card networks and utilizing a native core system, Lithic minimizes the need for third-party services, making it easier for businesses to implement and scale their card programs. This approach gives clients more control over their banking relationships and financial operations. Lithic also offers secure solutions for customer data protection and flexible modules for verifying customer and business identities. The company aims to streamline card issuance and management for a wide range of clients, from startups to established businesses, while generating revenue through service fees based on card issuance and transaction volumes.

Company Stage

Series C

Total Funding

$158.9M

Headquarters

New York City, New York

Founded

2014

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for virtual cards boosts Lithic's customer base.
  • Growing interest in embedded finance aligns with Lithic's platform capabilities.
  • Expansion of digital wallets enhances Lithic's digital wallet control features.

What critics are saying

  • Increased competition could erode Lithic's market share.
  • Changes in network policies may impact Lithic's cost structure.
  • New regulatory requirements could increase operational costs for Lithic.

What makes Lithic unique

  • Lithic offers direct card network integrations, reducing reliance on third-party providers.
  • The company provides a PCI-compliant iFrame solution to protect customer information.
  • Lithic's flexible KYC/KYB modules integrate seamlessly with existing setups.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

401(k) Company Match

Life Insurance

Employee Discounts