Hi there, we're Otto, and we are improving the way people finance their daily lives.
As you're reading this, 1 in 4 people in the U.S. lacks access to affordable credit and resorts to using high interest, predatory loans (think: Payday, Title, Pawn, and Personal Loans) to make ends meet. These 300%+ APR short term loans trap borrowers in a downward debt spiral and severely limit their chances for getting ahead.
Leveraging modern technology, we are building the world's first asset-backed revolving credit product that makes lending decisions agnostic of credit score and delivers a standard interest credit card through a simple mobile platform. We are unlocking the value trapped within the $3 trillion worth of vehicles owned outright in the United States to provide sustainable credit for those that need it most.
We are backed by leading VCs, accomplished entrepreneurs, respected philanthropists, and founders from across the U.S. Our backers are the minds and investors behind the success of the Apple Card, Brex, Dave, Scribd, Parse, Twitch, Substack, Notion, LinkedIn, among others.
We have built and scaled a $100m+ ARR business, worked on apps used by millions of people for national brands, and fostered multi-million dollar public private partnerships. We are poised to fundamentally change the way tens of millions of Americans use credit to improve their daily lives.
We’re looking for a smart, hungry individual to lead our Finance function, focused on FP&A, credit structure, flow of funds, and the accounting operations. You will have a unique opportunity to work cross-functionally and use quantitative insights to drive better decision-making across the whole organization.
Seeing as this is an early stage company that provides a financial service, this role is critical, not just in owning the company’s budget and financial planning processes, but also consumer lending, capital structures, debt vehicles, and the capital markets functions to support company growth into billions of annual lending volume.
Ideally the candidate will have experience working in a leadership role within a high growth organization, with intimate knowledge of building tech enabled FP&A, flow of funds, and debt programs.
Here’s what you’ll be working on day-to-day, but as a nimble organization that puts our customers at the forefront, flexibility is key, and other responsibilities may arise.