Full-Time
Strategy and Operations Manager
Posted on 9/4/2024
Pangea Money Transfer
51-200 employees
Affordable money transfer services for immigrants
Senior, Expert
Chicago, IL, USA
- 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 the service. The company's goal is to make money transfers effortless and accessible, while also expanding its reach through initiatives like Pangea Connect, which partners with other brands to serve a wider audience. Pangea has also been recognized for its positive work environment, emphasizing trust and reliability in its services.
Company Stage
M&A
Total Funding
$59.1M
Headquarters
Chicago, Illinois
Founded
2012
Simplify's Take
What believers are saying
- Pangea's acquisition by Enova International could provide additional resources and technological advancements, enhancing its service offerings.
- The company's recognition as one of Built In's Top 50 Places to Work highlights a positive work environment, which can attract top talent.
- The referral program incentivizes users to expand the customer base, potentially leading to rapid growth.
What critics are saying
- The remittance market is highly competitive, with numerous established players that could limit Pangea's market share.
- Dependence on transaction fees for revenue means that any regulatory changes affecting fees could impact profitability.
What makes Pangea Money Transfer unique
- Pangea Money Transfer focuses specifically on the remittance needs of immigrants, offering a user-friendly mobile app that simplifies the process compared to traditional methods.
- Their transaction fees are typically lower than those charged by traditional banks and other money transfer services, making them a cost-effective option for users.
- The introduction of Pangea Connect allows the company to partner with other brands, expanding its reach and user base in the global money transfer market.