Full-Time
Teller
11-50 employees
Provides real-time bank data via API
No salary listed
Mid, Senior
Miami, FL, USA
Candidates must be based in Miami or willing to move there.
- Experience selling in $50,000 - $500,000 ACV
- Ability to sell end-to-end, from prospecting to closing
- Existing right to work in the USA
- Create sales processes and playbooks
- Work directly with the CEO
- Contribute to the company's sales efforts
- Hyper-competitive
- Desire to fulfill potential
- Willingness to move to Miami
Teller provides real-time bank data through an API, allowing developers and businesses to access up-to-date financial information directly from banks. Unlike competitors that use screen scraping, which can be slow and unreliable, Teller connects to banks using real APIs, ensuring faster and more accurate data retrieval. Their primary clients include fintech companies and financial institutions that need seamless banking data integration for their applications. Teller operates on a subscription model, where clients pay for a set number of API calls each month, making it flexible for both small startups and large enterprises. The company's goal is to offer a reliable and scalable solution for accessing financial data, distinguishing itself in the growing fintech sector.
Company Size
11-50
Company Stage
Seed
Total Funding
$4M
Headquarters
London, United Kingdom
Founded
2019
Simplify's Take
What believers are saying
- Embedded finance growth increases demand for Teller's API services.
- Open banking regulations align with Teller's direct API approach, expanding market opportunities.
- Rising demand for real-time data highlights the value of Teller's API capabilities.
What critics are saying
- Increased competition from Plaid, expanding its comprehensive financial data solutions.
- Regulatory scrutiny on third-party data access may lead to potential backlash from banks.
- Banks developing proprietary APIs could reduce reliance on third-party providers like Teller.
What makes Teller unique
- Teller uses direct API connections, ensuring faster and more accurate data retrieval.
- Teller's API is highly reliable, addressing issues faced by screen scraping methods.
- Teller offers a scalable subscription model catering to both startups and large enterprises.
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Benefits
Stock Options
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Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 4%2 year growth
↑ 0%Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new
“They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banking in the U.K. His view back in 2017 — which now looks somewhat prophetic — was that open banking wouldn’t be the competition driver it was hyped up to […]