Full-Time

Head of Sales

UK & Europe

Posted on 11/15/2024

Plaid

Plaid

1,001-5,000 employees

Connects financial accounts to apps securely

Fintech
Financial Services

Senior

London, UK

Hybrid position based in London.

Category
Field Sales
Sales & Account Management
Requirements
  • 5-7+ years in an Account Executive role, a strong history of quota attainment success, and increasing management experience
  • Prior experience selling SaaS in relevant industries such as; Payments, Fintech, Lending, Wealth, Infrastructure
  • Strong communication skills including presentation, writing and the ability to explain technical concepts concisely
  • Proven ability to lead, motivate and engage existing teams while clear demonstration of recruiting and up-skilling new talent
Responsibilities
  • Responsible for the success of the Start-Up / Mid Market Management business, which includes leading a team tasked with closing all inbound deals and generating outbound pipeline
  • Acting as player / coach, leveraging their own sales expertise to motivate, attract, train and retain talent across their organisation
  • Set clear targets, a team vision and ensure the team is tracking against / ahead of goals regularly
  • Develop and own all team cadences, ensuring the team is learning from one another and motivating one another to achieve aggressive sales targets
  • Build strong executive relationships with top accounts
  • Working cross functionally across the UK & Europe team as well as sales leadership in the US to identify points of leverage and product gaps
  • Working with leaders across the UK & Europe team to drive efficiency, purpose and clarity for the broader UK & Europe organisation
  • Own the ACV target for their area, and develop plans to exceed that target and/or get it back on track throughout the year

Plaid simplifies financial data management for individuals and businesses by connecting various financial accounts to apps and services. Its main product is a set of APIs that allow developers to integrate financial data into their applications, enabling users to track spending, initiate payments, and access financial services all in one place. Plaid serves a wide range of clients, including app developers and financial institutions, and is used by popular apps like LendingTree and Square. Unlike many competitors, Plaid focuses on providing a comprehensive suite of APIs that cover various financial use cases, ensuring secure and seamless data sharing. The company's goal is to empower clients to offer better financial services to their users through reliable and scalable data integration.

Company Stage

Series D

Total Funding

$714.3M

Headquarters

San Francisco, California

Founded

2013

Growth & Insights
Headcount

6 month growth

7%

1 year growth

13%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Plaid's recent partnerships and product expansions, such as the Consumer Report for credit underwriting, indicate a strong growth trajectory and diversification of revenue streams.
  • The company's significant customer base, including major players like Venmo, SoFi, and Citi, reflects its market leadership and potential for continued expansion.
  • Investment from high-profile firms like Goldman Sachs and the appointment of experienced leaders like Jen Taylor signal robust financial health and strategic direction.

What critics are saying

  • The competitive fintech landscape, with giants like Visa and emerging startups, poses a constant threat to Plaid's market share.
  • Regulatory scrutiny and compliance requirements in different regions could slow down Plaid's global expansion efforts.

What makes Plaid unique

  • Plaid's robust API suite offers unparalleled integration capabilities, enabling seamless financial data sharing across a wide range of applications, unlike many competitors who offer more limited or specialized solutions.
  • The company's strong focus on security and compliance, including AML and OFAC checks, sets it apart in the fintech landscape where data protection is paramount.
  • Plaid's ability to serve a diverse clientele, from individual consumers to large enterprises, showcases its versatile platform, distinguishing it from competitors who may focus on narrower market segments.

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Benefits

We've got you covered: From medical, life, and 401ks, we’re here to support your physical, mental, and financial wellbeing.

Everyone is an owner: We want everyone to feel ownership over their work - literally, which is why we offer equity to full-time Plaids.

Vacation your way: We want to make sure you have time to meet your personal needs with unlimited PTO and two weeks of synchronous, company-wide vacation.

Grow your skills: Every Plaid is in control of their career development with our learning stipends, tools, and trainings.