Lendio

Senior Product Designer

Lehi, Utah, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

Requirements

The Senior Product Designer should participate in strategic direction, conduct on-site contextual inquiry, develop personas through JTD, and perform usability testing. Candidates should be familiar with user research methodologies such as Cooper and Lean UX, and possess the ability to rapidly prototype ideas and contribute to the design system. Additionally, they should be accountable for both qualitative and quantitative design results and have experience in building and influencing design teams.

Responsibilities

This role involves leading the design of every feature, driving results through design, participating in strategic direction, and contributing to the development of a design system. The Senior Product Designer will also help build a team, ensuring that designs are valuable to users and contribute to revenue generation, while upholding high standards and demonstrating a commitment to solving complex problems.

Skills

Product Design
User Research
Prototyping
Usability Testing
Lean UX
Design Systems
User Experience (UX)
Fintech

Lendio

Marketplace connecting small businesses with lenders

About Lendio

Lendio helps small businesses in the United States secure loans by acting as a marketplace that connects them with various lenders, including banks and credit unions. Business owners can fill out a single online application to access multiple loan options, such as SBA loans, term loans, and lines of credit, which saves time and increases their chances of finding suitable funding. Lendio earns money through referral fees paid by lenders when a loan is successfully funded, aligning their interests with those of their clients. By simplifying the loan application process and providing educational resources, Lendio aims to support small businesses in obtaining the financing they need for growth and sustainability.

Lehi, UtahHeadquarters
2011Year Founded
$78.8MTotal Funding
SERIES_ECompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Risks

Increased competition from AI-powered lending platforms threatens Lendio's market share.
Pressure to streamline application processes may increase operational costs.
High interest rates from online lenders could deter small businesses from Lendio.

Differentiation

Lendio offers a single application for multiple loan options, saving time.
Their platform connects small businesses with a wide range of lenders.
Lendio's revenue model aligns with client success, earning through referral fees.

Upsides

Growing demand for digital lending platforms boosts Lendio's market potential.
Expansion opportunities in top-ranked business states like Florida and Texas.
Potential to capture market share from traditional banks struggling with small loans.

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