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Full-Time

Lead Product Manager

Payments

Posted on 6/27/2024

Pangea Money Transfer

Pangea Money Transfer

51-200 employees

Affordable money transfer services for immigrants

Consulting
Fintech
Social Impact
Financial Services

Senior, Expert

Chicago, IL, USA

Category
Product Management
Product
Requirements
  • Bachelors or Masters degree
  • 6+ years of experience as a product manager, with 2+ years experience in a payments related role
  • Owner mentality
  • Data-driven decision-making skills
  • Thorough organization and documentation skills
  • Experience in payment systems
  • Experience gathering customer insights
  • Ability to manage deliverables from other departments
  • Empathy for customers
Responsibilities
  • Own a mission critical goal and determine the roadmap
  • Drive business initiatives from discovery through delivery
  • Conduct efficient discovery for new product ideas
  • Monitor metrics and customer feedback post-release
  • Provide visibility on roadmap initiatives
Pangea Money Transfer

Pangea Money Transfer

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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 Jobs

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.
INACTIVE