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Full-Time

Account Executive

Posted on 6/27/2024

Branch

Branch

201-500 employees

Provides instant payment solutions for businesses

Fintech
Financial Services

Senior

Remote in USA

Remote-first work culture within the domestic USA.

Category
Inside Sales
Sales & Account Management
Required Skills
Market Research
Sales
Communications
Hubspot
Marketing
Requirements
  • Proven tech experience as an Account Executive or similar
  • History of closing $50k+ ARR Opportunities
  • Documented success in hitting revenue targets
  • Knowledge of market research, sales, and negotiating principles
  • Preferred experience in the Fintech space
  • Knowledge of CRM software (eg. Hubspot) is a plus
  • Excellent communication/presentation skills and ability to build relationships
  • Organizational and time-management skills
  • Enthusiastic and passionate
  • BS or BA in business administration, sales, or marketing
Responsibilities
  • Create detailed business plans to facilitate the attainment of goals and quotas
  • Own/Learn an Industry territory (Ex. Healthcare, Business Services, Retail)
  • Manage the entire sales cycle from finding a client to securing a deal
  • Unearth new sales opportunities through networking and turn them into long term partnerships
  • Present products to prospective clients in person or via a web-based presentation
  • Remain in frequent contact with the clients in your responsibility to understand their needs
  • Follow Branch’s defined sales process from start to finish
  • Maintain accurate records of your sales process within a dedicated CRM

Branch offers flexible and instant payment solutions for businesses and their workers, allowing immediate access to earnings instead of traditional fixed payroll schedules. Its platform provides various payout options, including instant, daily, or on-demand payments, which are particularly beneficial for independent contractors. Additionally, Branch offers services like cashless tips payouts and a paycard alternative, making it easier for employees to access their pay. The company aims to empower workers with financial control while helping businesses attract and retain talent.

Company Stage

Series C

Total Funding

$723.8M

Headquarters

Minneapolis, Minnesota

Founded

2015

Growth & Insights
Headcount

6 month growth

1%

1 year growth

23%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • Branch's partnerships with industry leaders like symplr and Fountain enhance its credibility and market reach.
  • The growing preference for instant payouts, with nearly 80% of workers opting for this method, aligns well with Branch's core offerings, indicating strong market demand.
  • Branch's continuous innovation, such as the launch of Branch Direct, positions it as a leader in the instant payment solutions market.

What critics are saying

  • The fintech market is highly competitive, with numerous players offering similar instant payment solutions, which could impact Branch's market share.
  • Reliance on partnerships for market penetration may pose risks if these partnerships fail or do not yield expected results.

What makes Branch unique

  • Branch's platform offers instant, daily, or on-demand payments, providing a level of flexibility that traditional payroll systems lack.
  • The company’s focus on no or low-cost services makes it an affordable option for businesses of all sizes, unlike many competitors.
  • Branch's integration with various industry-specific platforms, such as symplr for healthcare and Fountain for hiring automation, showcases its adaptability and specialized solutions.

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