Full-Time

Sales Development Representative

Posted on 11/15/2024

Plaid

Plaid

1,001-5,000 employees

Connects financial accounts to apps securely

Compensation Overview

$74.9k/yr

Junior, Mid

Company Historically Provides H1B Sponsorship

New York, NY, USA

Position requires onsite presence in New York.

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Salesforce
Requirements
  • 1-3 years of experience in pipeline development and/or sales (preferably at SaaS company)
  • Leading high-level conversations with business stakeholders
  • The ability to evangelize Plaid’s value proposition in order to assess buying interest
  • The ability to thrive in a high customer volume, time-sensitive environment
  • Having a relentless mindset and unwillingness to quit
  • Proficiency in using Salesforce.com or other CRM
  • Experience working with customers and explaining technical products
  • Interest in financial services and technical products; a high degree of intellectual curiosity
  • Excitement to work in a high-growth environment and to help build processes and tools as needed
  • Desire to get (more) technical and the ability to learn the ins and outs of Plaid's APIs
Responsibilities
  • Acting as a key member of the Plaid GTM Team, supporting several Account Executives hunting new business
  • Liaising with Marketing to provide feedback on campaigns and design new efforts
  • Identifying prospects and building pipeline through outbound campaigns
  • Helping new clients get started with Plaid and answering questions about our products
  • Identifying the most promising verticals to help drive increased revenue opportunity

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 enhance the way users interact with their financial information, making it easier and more efficient.

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$1.3B

Headquarters

San Francisco, California

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Plaid raised $575 million, indicating strong investor confidence.
  • Embedded finance trends expand Plaid's market reach into non-financial platforms.
  • Open banking regulations in Asia and Latin America offer new expansion opportunities.

What critics are saying

  • Increased competition from startups offering similar services at lower costs.
  • Regulatory scrutiny on data privacy may increase compliance costs.
  • Delay in IPO plans and valuation drop may impact investor confidence.

What makes Plaid unique

  • Plaid offers developer-friendly infrastructure for seamless financial data integration.
  • Plaid's APIs cover transactions, authentication, and identity verification, among other services.
  • Plaid connects financial accounts to apps, enabling secure data sharing and management.

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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.

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-1%
PYMNTS
Apr 3rd, 2025
Plaid: Bank Account Connectivity Underpins ‘Data Revolution’ In Financial Services

For Plaid, the connectivity — tying bank accounts to a broad range of providers across financial systems — lays the groundwork for double-digit growth. And while the news Thursday (April 3) may have centered on a $575 million capital raise (and a $6.1 billion valuation) and the fact that the firm will reportedly not go public [] The post Plaid: Bank Account Connectivity Underpins ‘Data Revolution’ in Financial Services appeared first on PYMNTS.com.

Fintech Bits
Apr 3rd, 2025
Plaid secures $575 million in funding within the FinTech industry.

Plaid, a leader in the %Plaid sector of the %Fintech industry, has successfully raised $575 million in a funding round led by notable investors including Fidelity, BlackRock (NYSE: $BLK), Franklin Templeton, and NEA.

Startups
Apr 3rd, 2025
Plaid Raises $575M, Delays IPO Plan

Plaid postponed its IPO plans and raised $575 million in a downround, valuing the fintech at $6.1 billion. This is a significant drop from its 2021 valuation of $13.4 billion. The round was led by new investors like Franklin Templeton, Fidelity, and BlackRock. Funds will provide liquidity to employees and convert RSUs. Despite a 25% revenue growth in 2024, Plaid isn't ready for an IPO yet, but plans one in the future. Recent market volatility has cooled IPO interest in tech.

PYMNTS
Apr 3rd, 2025
Plaid Raises $575 Million Amid Focus on New Products

Digital finance platform Plaid says it has raised $575 million in new funding.

The Next Gen Tech Insider
Apr 3rd, 2025
Plaid's $575M Raise: No IPO in 2025, Valuation Dips

Plaid's $575M raise: no IPO in 2025, valuation dips.

INACTIVE