Full-Time
Pangea Money Transfer
11-50 employees
Affordable money transfer services for immigrants
No salary listed
Senior
Chicago, IL, USA
Hybrid work model with in-office days from Tuesday to Thursday.
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- An MBA or related degree
- 10+ years of experience with at least 3 years in Management Consulting or Strategy
- Experience motivating new direct to consumer product opportunities
- Excellent research skills, able to size markets & determine benchmarks
- Highly quantitative, able to quickly assess opportunities and build business cases
- Communicate clearly, succinctly, and confidently to an executive audience
- Strong leadership skills and ability to influence others
- Prior experience managing agencies for customer insights or other research needs
- An entrepreneurial mindset and propensity to get out of the building to find answers
- Able to chart out clarity from ambiguity
- Deep understanding of how customers interact with digital products
- Prior experience with payments, customer research or segmentation a plus
- Identify and evaluate new product & market expansion opportunities through competitive assessment, customer research and quantitative analysis
- Build & communicate business cases to quantify opportunities
- Develop a structured roadmap of key hypotheses to validate
- Effectively communicate with executives and the Product team
- Run quantitative focus groups and qualitative research to validate key assumptions and product/market fit of new product opportunities
- Be the in-house expert on our customers, competitors, product offerings and industry trends
Pangea Money Transfer provides affordable and efficient money transfer services, focusing on immigrants in the United States who need to send remittances to their home countries. The company simplifies the money transfer process through a user-friendly mobile app, allowing users to send money quickly and at lower costs compared to traditional methods. Pangea's app is designed to be intuitive, enabling users to complete transactions in just a few steps. Unlike many competitors, Pangea charges lower fees and offers a referral program that rewards users for inviting friends to join. Additionally, Pangea has launched Pangea Connect, a service that partners with other brands to expand its reach among global money senders. The company's goal is to make money transfers effortless and accessible, while also building trust with its users through reliable services.
Company Size
11-50
Company Stage
Early VC
Total Funding
$30.6M
Headquarters
Chicago, Illinois
Founded
2012
Simplify's Take
What believers are saying
- Digital wallet adoption boosts remittance industry growth, benefiting Pangea's mobile platform.
- Blockchain technology reduces costs, aligning with Pangea's low-cost transfer model.
- Fintech-bank partnerships expand service offerings, supporting Pangea Connect's growth.
What critics are saying
- Digital-only banks offer competitive rates, threatening Pangea's market share.
- Cryptocurrency-based remittance services pose a threat with lower fees and faster transactions.
- Regulatory scrutiny increases compliance costs, impacting Pangea's operational expenses.
What makes Pangea Money Transfer unique
- Pangea offers a mobile-centric platform for quick money transfers in under 30 seconds.
- The company targets immigrants, addressing their unique remittance challenges with a user-friendly app.
- Pangea Connect partners with brands to expand its audience and service reach.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
401(k) Company Match
Paid Vacation
Paid Holidays
Sabbatical Leave
Parental Leave
Hybrid Work Options
Company News
That's why Pangea Money Transfer is excited to introduce its New Customer Special Promotion, designed to help you save on every money transfer.
Friendly Vengeance, a Los Angeles -based boutique experiential marketing agency, partnered with PANGEA—a nonprofit organization specializing in children's literacy—to create a series of interactive and immersive experiences for the "PANGEA GALA 2021: Education Renaissance" fundraiser held at Chicago's 21C Museum Hotel on November 6, 2021.
Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning (ML) and artificial intelligence (AI), today announced that it has acquired Pangea Universal Holdings, a Chicago -based payments platform offering mobile international money transfer services.