Full-Time

Partnership Manager

Confirmed live in the last 24 hours

ONE Finance

ONE Finance

1,001-5,000 employees

Digital banking platform with high-yield savings

Fintech

Compensation Overview

$150k - $240kAnnually

Expert

Remote in USA

Remote friendly (anywhere in the US) and office friendly - you pick the schedule.

Category
Strategy Development
Business Development
Business & Strategy
Required Skills
Product Management
Requirements
  • Expert Career (10+ Years).
  • An act-like-an-owner mentality. We have a bias toward taking action.
  • Strong interpersonal and presentation skills with the ability to influence internal and external decision makers.
  • A sense of curiosity and persistence while being execution focused across multiple opportunities and relationships at once.
  • Tenacity, you conduct follow-up calls and emails to keep the process moving and don’t hesitate to get on a plane to close the deal.
  • A passion for creating impact and an interest in how financial services can better serve everyone.
Responsibilities
  • Representing the Commercial team while partnering cross-functionally with Product and Engineering to support the implementation of new partnerships that have customer facing implications.
  • Identifying both new growth and product partnership opportunities that result in either customer acquisition, evolved product capabilities, or revenue growth.
  • Negotiating key business terms (pricing, revenue share, termination, etc.) with scaled partners who provide services to One now and in the future.
  • Bringing a strong network of industry contacts; relevant verticals include, but are not limited to: card networks, debit/credit processing, payment service providers, credit bureaus, and consumer lending.
  • Helping to define and execute the partner on-boarding process and partner success framework.
  • Ad hoc projects and analysis for strategic partnerships as requested.

One Finance provides a digital banking platform through its mobile app, allowing users to manage their finances conveniently. The app offers a debit Mastercard® and is designed for both individuals and small businesses. By partnering with Coastal Community Bank, One Finance enables users to access banking services without being a bank itself. A key feature of the app is a high-yield savings account that offers an Annual Percentage Yield (APY) of up to 5.00% on balances up to $250,000, which is significantly higher than typical savings accounts. One Finance generates revenue primarily through interchange fees when customers use their debit card for purchases. Additional benefits include early direct deposit, cash back rewards at Walmart, instant money transfers, and overdraft protection. The goal of One Finance is to provide a cost-effective and user-friendly financial management solution that helps customers grow their savings and avoid unnecessary fees.

Company Stage

Seed

Total Funding

$66.7M

Headquarters

New York City, New York

Founded

2022

Growth & Insights
Headcount

6 month growth

18%

1 year growth

64%

2 year growth

207%
Simplify Jobs

Simplify's Take

What believers are saying

  • The potential launch of a BNPL service backed by Walmart could significantly expand ONE Finance's product offerings and customer base.
  • High APY on savings accounts can attract a large number of customers looking for better returns on their deposits.
  • The backing and majority ownership by Walmart provide financial stability and a strong market presence.

What critics are saying

  • The fintech market is highly competitive, with numerous players offering similar services, which could impact customer acquisition and retention.
  • Reliance on interchange fees for revenue may be vulnerable to regulatory changes and market fluctuations.

What makes ONE Finance unique

  • ONE Finance offers a high-yield savings account with an APY of up to 5.00%, significantly higher than the industry average.
  • The partnership with Coastal Community Bank allows ONE Finance to provide banking services without being a bank itself, reducing regulatory burdens.
  • The integration of features like early direct deposit, cash back at Walmart, and overdraft protection makes ONE Finance a comprehensive financial solution.

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