Wisetack

Sales Development Representative

United States

Not SpecifiedCompensation
Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Job Description

Company Information

Since 2018, Wisetack has been building transparent and intuitive consumer lending products that help service-based businesses thrive (think HVAC companies, veterinarians, or auto repair shops).

Our leadership team comes from top fintech companies such as Lending Club, Affirm, and Varo Money. And we’re backed by leading VCs, including Insight Partners, Greylock, Quadrille, and Bain Capital Ventures (investors in Airbnb, LinkedIn, Instagram, Dropbox, and more).

Having raised $84M, we’re a well-funded startup and have invested in people and technology while growing our partnerships — responsibly.

We’re also proud to have received recognition from the fintech world. Awards we’ve won include:

  • Ranked #21 on 2024 Inc. 5000 based on revenue growth
  • Ranked #15 on 2024 Deloitte Fast 500 based on revenue growth
  • 2024 Best Embedded Finance Solution for Banking Tech Awards
  • 2023 Best Consumer Lending Program by Tearsheet
  • 2023 Best Point of Sale Product by Fintech Breakthrough

But what you’ll find us gleaming about the most is the recognition from our own customers, particularly our sky-high NPS rating of 79. (For reference, the average score is 44 for financial services and 36 for SaaS companies.)

As a result of our efforts in building this healthy company culture, we’ve been nominated to several Great Places to Work lists, such as Best Small Workplaces, Best Workplaces in the Bay Area, and Best Workplaces in Financial Services & Insurance.

Like any startup, we’re in it for the long haul, and we’re looking for people willing to join our journey of building something special together.

This process starts with our company values, which guide us in everything we do — and have played a critical role in our success. We valiantly abide by them, and would expect you to do the same:

  • Put customers first (that’s our M.O.)
  • Act fast (leverage our startup environment).
  • Lead the way (show and tell).
  • Take ownership (everyone is hands-on here).
  • Be a good human (no egos, build financial products that do right by people).

Learn more about our values here.

The Role

The Wisetack Merchant Sales Team is a core part of Wisetack’s growth engine. The team identifies, engages, and negotiates agreements with new home services contractors and merchants in the SMB, Mid-Market and Enterprise sectors. We've driven exponential growth, and we’re working to continue that trajectory. This is a great team for someone who wants a high-leverage, revenue-generating role at a high-growth company.

The Wisetack Merchant Sales Team is seeking a Sales Development Representative (SDR) to help scale our efforts by conducting prospecting and outbound outreach among merchants in the home services industry, in order to kick off sales pipeline discussions with potential new Wisetack merchants. Reporting directly to the Director of Sales, the goal of the SDR will be to increase our merchant partnerships to drive greater loan issuance for Wisetack.

Responsibilities

  • Identify and initiate pipeline discussions with potential Wisetack merchants, while handing off qualified prospects to the Account Executive (AE) team.
  • Develop creative outreach campaigns to initiate discussions with target merchants to populate the upper sales funnel. Where appropriate, collaborate with Account Executives and other Growth team managers to inform outreach strategies and prioritize based on impact.
  • Generate new, high-quality leads that are aligned with Wisetack’s goals. Manage target prospects through the initial stages of the business development lifecycle.
  • Develop a detailed understanding of Wisetack’s value proposition (to borrowers and merchants) and product features in order to articulate the benefits to prospects.
  • Engage in comprehensive sales discussions with prospects to assess their business needs and communicate how Wisetack financing addresses those needs.
  • Develop insights about your target group and...

Requirements

(No specific requirements were provided in the original text.)

Application Instructions

(No specific application instructions were provided in the original text.)

Salary

(No salary information was provided in the original text.)

Location Type

(No location type information was provided in the original text.)

Employment Type

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Skills

Customer Focus
Fast Action
Leadership
Ownership
Communication
Sales Development

Wisetack

Consumer lending platform for point-of-sale financing

About Wisetack

Wisetack operates in the financial services sector, focusing on consumer lending by providing businesses with a platform to offer real-time financing options at the point of sale. This enables customers to make purchases and pay over time, while businesses receive payment upfront, reducing the risk of late or missed payments. The primary clients are businesses across various industries, such as plumbing, electrical services, and auto detailing, which require upfront payment for their products or services. Wisetack integrates its technology directly with the business software of its clients, allowing customers to apply for financing quickly and securely without the business needing to manage sensitive information. This model benefits both parties: businesses get paid immediately, and customers enjoy a clear and friendly payment option. Wisetack generates revenue by charging businesses a fee, typically a percentage of the transaction amount, for using its platform.

San Francisco, CaliforniaHeadquarters
2018Year Founded
$100.6MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Remote Work Options
Company Equity

Risks

Competition from platforms like YouLend may reduce Wisetack's market share.
Economic uncertainty could decrease consumer demand for financing services.
Dependence on partner platforms means strategic changes could impact Wisetack's operations.

Differentiation

Wisetack integrates financing options directly into existing business software platforms.
It offers real-time financing at the point of sale, ensuring businesses get paid upfront.
Wisetack's model reduces risk for businesses by handling sensitive customer information securely.

Upsides

Growing demand for embedded finance in home services boosts Wisetack's market potential.
Partnerships with platforms like JobNimbus expand Wisetack's reach in construction sectors.
Collaboration with Citizens Financial Group enhances Wisetack's B2B2C service offerings.

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