Full-Time

Sr. Account Executive

Sales to Fis, Fintechs, Cus

Updated on 9/4/2026

Pinwheel

Pinwheel

51-200 employees

Automates direct-deposit switching and income verification

Compensation Overview

$120k - $150k/yr

+ Commission + Equity + OTE $240,000-$300,000

New York, NY, USA

In Person

Category
Sales & Account Management (1)
Required Skills
Sales
Salesforce
Marketing

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Requirements
  • At least 5 years of experience in enterprise software-as-a-service sales in fintech or banking, with a consistent track record of exceeding quotas and driving strategic deals.
  • Experience leading and closing deals with annual contract value of at least $80,000 involving executive stakeholders across business, product, legal, compliance, information security, and marketing.
  • Ability to lead cross-functional teams through complex sales cycles, including legal and information security reviews.
  • Strong customer-centricity and product-thinking skills.
  • Proven experience driving sales from zero to first transaction.
  • Experience using Salesforce, sales-engagement platforms, structured sales methodologies such as MEDDICC and Challenger, and new artificial-intelligence tools transforming the sales technology stack.
Responsibilities
  • Consistently meet or exceed quarterly revenue targets as the company scales.
  • Build and maintain a high-quality pipeline with opportunities valued at three times the quota.
  • Close deals while maintaining a win rate of at least 25%.
  • Break into fintech disruptors, established financial institutions, and credit unions within the first six months.
  • Strategically plan and execute territory initiatives that drive growth and visibility.
  • Establish trusted partnerships with C-level executives and key decision-makers.
  • Collaborate with Sales Engineering, Customer Success, and Legal teams to keep deals moving forward.
  • Monitor industry trends and shifts in the competitive landscape.
  • Share insights with product and marketing teams to inform strategy.
  • Help shape sales best practices as the sales organization evolves.
Desired Qualifications
  • Relentless pursuit of goals and resourcefulness in achieving them.
  • Ability to operate effectively when the path to success is unclear or challenging.
  • Ability to synthesize large amounts of information quickly and create action plans for oneself and others.
  • Commitment to continuous self-improvement and skill development.

Pinwheel provides a fintech platform that automates financial processes for banks, lenders, and crypto companies through APIs. Its Deposit Switch automatically redirects customers’ direct deposits to make the client the primary financial institution, helping deepen relationships and increase profitability, while it also surfaces earnings insights from payroll and time-tracking data to tailor offerings. The platform automates tax-form retrieval and offers income and employment verification to support underwriting, risk management, and tenant screening. By bundling payroll, tax, and employment data with automation, Pinwheel helps financial institutions become the primary partner for their customers and grow lifetime value.

Company Size

51-200

Company Stage

Series B

Total Funding

$77M

Headquarters

New York City, New York

Founded

2018

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Simplify Jobs

Simplify's Take

What believers are saying

  • Robinhood chose Pinwheel in April 2026 for Banking deposits using PreMatch.
  • MeridianLink integrated Switch Kit in July 2026 across 1,500 financial institutions.
  • Varo's January 2026 pilot drove 40% bill-switch adoption, proving sticky account-activation revenue.

What critics are saying

  • CFPB FCRA obligations create costly dispute, accuracy, and security failures after any data error.
  • Plaid, Atomic, Argyle, and Truework commoditize payroll workflows, squeezing pricing by 2027.
  • Customer concentration hurts hard: Robinhood, Varo, and MeridianLink can switch vendors quickly.

What makes Pinwheel unique

  • PreMatch auto-identifies payroll records, cutting deposit switching to two clicks since 2023.
  • Pinwheel combines direct deposit switching, bill switching, and FCRA-compliant income verification.
  • Its network covers 1,700-plus payroll platforms and 1.5 million employers across U.S. payrolls.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Parental Leave

401(k) Retirement Plan

Mentorship Program

Pet Insurance

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-1%

2 year growth

-3%
PR Newswire
Jul 28th, 2026
Pinwheel integrates Switch Kit with MeridianLink for instant deposit switching at account opening

Pinwheel, a fintech specialising in account activation solutions, has announced an integration of its Switch Kit with MeridianLink's platform. The integration enables financial institutions to embed direct deposit and bill switching capabilities into their digital account onboarding processes. Switch Kit combines Pinwheel's PreMatch technology, which allows users to initiate direct deposit switches without entering payroll credentials, with bill switching features. According to Pinwheel, 64% of users who receive the PreMatch prompt complete a direct deposit switch through a one-time passcode. The solution aims to help financial institutions convert new accounts into primary banking relationships from the start. MeridianLink provides digital lending and account opening platforms for approximately 1,500 financial institutions. Pinwheel previously raised $77 million from investors including Notable, Coatue, and First Round Capital.

PR Newswire
Apr 14th, 2026
Pinwheel powers Robinhood Banking deposits with PreMatch technology for 2X higher conversion

Pinwheel, a fintech specialising in frictionless account activation, has been selected as the direct deposit launch partner for Robinhood Banking. Robinhood chose Pinwheel Deposit Switch for its PreMatch technology, which enables near-instant direct deposit enrolment during account opening. The technology addresses a significant industry challenge, where 40% of accounts remain inactive after first funding. Pinwheel's PreMatch automatically identifies and surfaces active payroll accounts for switching after multi-factor authentication, achieving double the conversion rate of legacy solutions. Invented in 2023, PreMatch eliminates the need for users to manually search for payroll providers or enter separate credentials. Pinwheel's network covers 1,800 payroll providers and 1.5 million employers. The company has raised $77 million from investors including Notable, Coatue and First Round Capital.

Yahoo Finance
Feb 3rd, 2026
Varo Bank goes live with Pinwheel's Switch Kit combining deposit and bill switching

Pinwheel, a fintech specialising in account activation solutions, has launched its Switch Kit with Varo Bank, combining direct deposit switching with bill payment management. The solution emerged from beta testing throughout 2025 after Pinwheel announced development of its bill solution suite in late 2024. During a three-month pilot, 40% of Varo users who linked external accounts proceeded to switch at least one recurring bill, transitioning an average of two bills to their Varo account. Varo, the first nationally chartered all-digital US consumer bank, has used Pinwheel's deposit switch technology since 2021. The Switch Kit addresses consumers' primary concerns about switching banks: direct deposit transitions and missing critical payments. Varo reports that customers using Pinwheel maintain higher account balances and demonstrate greater engagement.

Travel and Tourism Courses
Aug 12th, 2025
Pinwheel Partners with Fauna & Flora to Boost Corporate Nature Conservation

Pinwheel has announced a new strategic partnership with Fauna & Flora, one of the world's leading nature conservation organisations.

Retail Banker International
May 9th, 2025
Pinwheel and nCino collaborate to ease direct deposit switching

Pinwheel has teamed up with nCino, integrating its Direct Deposit Switching (DDS) service into nCino's Consumer Banking Solution.