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Full-Time

Director of Product

Posted on 6/14/2024

Lightspark

Lightspark

11-50 employees

Facilitates Bitcoin transactions for businesses

Fintech

Expert

Culver City, CA, USA

This position is based onsite in our offices in Culver City, Los Angeles, California.

Category
Product Management
Product
Required Skills
Market Research
Communications
Requirements
  • 10+ years of experience as a Product Manager
  • 5+ years in the digital payments space
  • Computer Science background is ideal but not required
  • Strong analytical and problem-solving skills
  • Strong technical expertise in designing and developing complex platform, APIs, and SDKs
  • Strong understanding of software development lifecycle
  • Experience working cross functionally with senior leaders including the CEO or C Suite
  • Proven track record of delivering successful products from zero to one
  • Experience communicating effectively with both technical and non-technical stakeholders
  • Strong written and verbal communication skills
  • Experience working independently and a strong sense of ownership
  • Passion for innovation and a desire to make a meaningful impact in the financial technology space
  • Genuine interest in Lightspark's mission and values
  • Living in, or willing to relocate, to Los Angeles, CA
Responsibilities
  • Define a strategic vision for payment products and the long-term roadmap
  • Define and document product requirements, user journeys, and money flows
  • Collaborate with cross-functional teams for successful product development
  • Conduct market research to identify customer pain points and opportunities
  • Prioritize product requirements based on feedback and analysis
  • Own and maintain a product backlog to support the strategic roadmap
  • Ensure reliability and performance of the platform
  • Contribute to product documentation and go-to-market strategies

Lightspark focuses on facilitating Bitcoin transactions for businesses by providing an API and Software Development Kits (SDKs) that integrate with the Lightning Network. This technology allows for faster and cheaper payments, especially for cross-border transactions, by identifying efficient routes for low-cost payments. Unlike competitors, Lightspark's service-based model enables businesses to leverage Bitcoin without needing deep technical expertise. The goal is to streamline payment processes, making them more efficient and affordable.

Company Stage

Series A

Total Funding

$175M

Headquarters

Los Angeles, California

Founded

2022

Growth & Insights
Headcount

6 month growth

19%

1 year growth

27%

2 year growth

229%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with major financial platforms like Bitso, Nubank, and Coinbase highlight Lightspark's growing influence and market penetration.
  • The integration of Universal Money Addresses (UMA) and the introduction of Playground mode for developers demonstrate Lightspark's commitment to innovation and user engagement.
  • Lightspark's technology significantly reduces transaction costs and speeds up cross-border payments, making it highly attractive for businesses dealing with international transactions.

What critics are saying

  • The competitive fintech landscape, especially in the cryptocurrency space, requires Lightspark to continuously innovate to maintain its edge.
  • Dependence on the Bitcoin Lightning Network means that any issues or limitations with the network could directly impact Lightspark's services.

What makes Lightspark unique

  • Lightspark's focus on the Bitcoin Lightning Network allows it to offer faster, cheaper, and more efficient transactions compared to traditional payment systems.
  • The company's robust API and SDKs simplify the integration of Bitcoin transactions for businesses, reducing the need for deep technical expertise.
  • Lightspark's AI-based smart engine, Lightspark Predict, optimizes liquidity requirements in real-time, ensuring high transaction success rates.

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