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Full-Time

Business Development Representative

Remote

Posted on 9/10/2023

Spinwheel

Spinwheel

11-50 employees

Financial wellness solutions for debt management

Data & Analytics
Fintech
Financial Services

Junior

Remote in USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Communications
Marketing
Requirements
  • 1-2 years of experience in Sales/Business Development at a tech or fintech company
  • Outbound Enterprise sales experience (email / call / linkedin / events)
  • Self-motivated with the ambition to hit monthly quotas
  • Ability to drive activity, build a fast-paced sales environment, and do pipeline generation
  • Persistence, sales spirit, and objection handling skills are critical
  • A proven track record of building and maintaining strong client relationships
  • Cold outreach (calling / emailing) experience is essential
  • Strong organization skills to maximize output throughout the day and to overachieve
  • Entrepreneurial mindset with a hunger to succeed
  • Experience selling fintech and/or APIs models
  • Superior verbal and written communication skills
Responsibilities
  • Work directly with the CEO and serve as the first line of contact for new business prospects
  • Communicate Spinwheel’s value proposition to decision makers and qualify them for potential sales opportunities
  • Maintain active engagement with new and existing leads using creative follow-up strategies
  • Do your own pipeline generation using multiple sources including account lists, prospecting tools, and individual research
  • Identifying key buying influencers within prospects to determine fit, interest, and intent
  • Effectively work through lead list meeting/exceeding SLAs
  • Consistently managing data for new and prospective clients in the CRM System
  • Strategically research, call, and email top tier companies to acquire more customers
  • Provide voice-of-customer feedback and competitive insights to partnerships, marketing, and product teams
  • Discover, improve, and execute new approaches to reach the audience
  • Be obsessed with hitting your numbers and supporting the growth team in achieving collective goals

Spinwheel offers financial wellness solutions that help consumers manage and reduce their debt. Their services include data and precision pay solutions that integrate with platforms like Betterment, automating contributions to student loans and 401k plans, which is beneficial for small to medium-sized businesses. Spinwheel stands out by enabling employers to leverage tax benefits from the CARES Act and Secure 2.0 legislation while empowering employees to create personalized debt repayment plans. The goal is to help individuals take control of their financial futures by reducing debt and enhancing their overall financial wellness.

Company Stage

Series A

Total Funding

$14.6M

Headquarters

Oakland, California

Founded

2019

Growth & Insights
Headcount

6 month growth

9%

1 year growth

14%

2 year growth

33%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of Spinwheel CRED and Spinwheel CARES demonstrates the company's commitment to innovation and addressing current economic challenges.
  • The recent $11M capital infusion positions Spinwheel for significant growth and expansion in the fintech space.
  • Partnerships with well-known financial platforms like Betterment and Qapital enhance Spinwheel's credibility and market reach.

What critics are saying

  • The competitive fintech landscape requires continuous innovation to maintain a competitive edge.
  • Economic downturns and changes in legislation could impact the demand for Spinwheel's services.

What makes Spinwheel unique

  • Spinwheel's integration with platforms like Betterment and Qapital allows for seamless automation of debt management and financial wellness, setting it apart from standalone solutions.
  • The company's focus on leveraging tax benefits from the CARES Act and Secure 2.0 legislation provides unique value propositions for employers and employees alike.
  • Spinwheel's comprehensive debt management platform, including real-time debt payoff and embedded financing, offers a holistic approach that is unmatched in the market.
INACTIVE