Product Manager, KOHO Financial
CA$100-120k
+ Equity
Financial management application
Job no longer available
Financial management application
201-500 employees
Job no longer available
CA$100-120k
+ Equity
201-500 employees
Company mission
To allow Canadians to be able to travel more, retire sooner, and live more balanced lives
Role
Who you are
- Experienced product manager with 2+ years in product development; experience in consumer lending (personal loans, credit cards) is a plus
- Strong analytical and problem-solving skills, with a knack for innovative solutions
- Systematic approach to building scalable systems and processes for sustainable growth
- Proactive in driving momentum and identifying opportunities for rapid iteration and improvement
- Data-driven decision-maker, prioritizing initiatives based on impact and feasibility
- Clear communicator, able to convey complex ideas to diverse stakeholders
- Accountable owner, driving new product initiatives to successful completion
What the job involves
- KOHO is on the hunt for our next all-star Product Manager
- Reporting to the Director of Product, this role will play a key and critical role in building credit card products
- Lead the ideation, development, and launch of new credit/lending products, using market research and user insights
- Collaborate with cross-functional teams to define product strategies and roadmaps aligned with business goals
- Drive product innovation with new features and enhancements to differentiate KOHO in the market
- Ensure a customer-centric approach to maximize product value and utility
- Use data-driven insights to inform decisions and optimize product performance post-launch
- Set strategic direction for new product initiatives and inspire teams to deliver exceptional results
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Insights
-16% employee growth in 12 months
Company
Company benefits
- Stock options
- Semi-annual merit increases
- Holiday bonus
- Work from anywhere
- Generous PTO
- Health & Lifestyle spending accounts
- $1000 remote office setup budget
- $5000 referral bonus
- Free KOHO Premium account
- Icon Potential Alt Text
- In-house coaching program
- $2000 annual training allowance
- Approachable leadership
- Bias towards action
Funding (last 2 of 8 rounds)
Oct 2024
$28.9m
LATE VC
Dec 2023
$62m
SERIES D
Total funding: $304.8m
Our take
In the wake of the gradual shift from physical to virtual interactions, the global internet-only banking industry has also seen tremendous growth in recent years. KOHO financial is part of this growing trend, they are a financial solution and payment platform built to help Canadians with managing their finances.
Apart from typical savings and budgeting common with money-management apps, KOHO customers enjoy a suite of financial services that help to build better credit, spending habits and insurance. As part of this, its product appeals especially to the majority of the paycheck-to-paycheck demographic.
KOHO's impressive growth and suite of products also appeal to investors who have backed it with one of the highest levels of funding in the Canadian fintech sector. However, this hasn't completely insulated it from the turbulence in the global economy, which led to KOHO restructuring in early 2023. With 2024 debt funding now secured, it is now focused on growth, aiming to further extend its lead in the Canadian market and achieve a Schedule 1 bank licence.
Steph
Company Specialist at Welcome to the Jungle