Co-Founder & Venture Builder - Fintech Venture

Permanent employee, Full-time · Portfolio Companies

Who we are
It is a Fintech startup but not just that. It is a venture built by one of the largest venture building groups in the world. It is already funded by one of the biggest banking players in the KSA market. The founding team can therefore utilize the best from both worlds - the support infrastructure of the venture builder and the unfair advantages and assets of the bank. The venture was envisioned as a fast, user-friendly and fully digital platform designed to allow employers to offer their employees the benefit of accessing a portion of their earned salary whenever needed.

  • The venture acts as an agent between employers and their employees and gives employees access to earned income on behalf of the employer.
  • Through our mobile app, users can immediately withdraw from their available Earned Salary Balance to cover their financial needs, for a small fee.
  • In 2023, the venture has the ambition to launch new services. This will make it a comprehensive personal finance service provider. The extended customer acquisition channels and revenue streams options will drive the valuation of the venture.
Are you a seasoned entrepreneur, business leader, a person who is seeking change & impact? We are looking for a master project coordinator who’s comfortable with all things uncomfortable and uncertain. A venture lives or fails based on the people driving it, we seek a person who will scale our corporate venture to great heights with us. 
You would be joining an exciting journey, we are ready to launch the venture in the KSA market. With the right Co-founder on board, acceleration is certain.
Why we need you

We have done heavy lifting in building the product and securing strong funding. Now, we need to validate the business model and core assumptions. Most crucially, it’s time to gain first traction. For that, we are looking for a highly-driven, creative and hungry co-founding team who will take our startup to the next level.

Requirements

You should have extensive experience scaling growth startups in the finance industry. You may have co-founded your own company, were in the management of a scaling startup or have similar fast-growth experiences. You bring the traits of a seasoned entrepreneur. Most importantly: you bring an ambitious and entrepreneurial mindset. We are looking for go-getters that are ready to deliver impact from day 1. As an overview:

  • Your main field of expertise is in the Fintech industry
  • You led a VC / investor-funded startup through funding rounds
  • You grew a team from 10+ to a multiple of this size
  • You talk “early-stage startup” slang: Sharing your vision, validating proof points, growing milestone-by-milestone, handling runway, etc.
  • You have added product lines, expanded operations or grew the startup value in similar forms
  • You can make your stakeholders your followers: From investors to C-level executives & board members
  • Previous experience with SAMA is an advantage
  • Fluent in both Arabic and English, KSA national desired                                
Your responsibilities
You will be tasked to validate and prove our MVP stage product and early-stage traction and scale them into a successful business. As Co-Founder, you will wear many hats in the first six to twelve months, as you build up your team and expand operations. 

As Co-Founder you will be responsible for scaling the company. 

  • Define the venture strategy, align milestones with investors, and ensure reaching these milestones
  • Build-up, lead and inspire the team essential to reach to the venture goals
  • Lead the different areas: Product, Finance, Marketing, Operations
  • Expand the business into new products and markets
  • Managing stakeholder relationships                                              
What's in it for you
  • Impact: As Co-founder, you will steer the strategy and tactics of the young company leaving your personal footprint
  • Funding pains sparred: We have strong funding secured so you can focus on the (more) fun parts of the early stage
  • Strong support network: access to the assets of the biggest independent venture builders; e.g. a tech development team, an operational team, a marketing-support team, talent recruiting, access to investors etc.
  • Unfair advantage: you will be able to leverage a massive banking infrastructure (contacts, experts, distribution etc) to move faster than potential competitors
  • You will have the power to create your own “dream-team'' environment
  • Co-founder compensation on top of a share package in the new company 

This role isn’t for everyone. If you are looking for a 9-5 job, it is probably not for you. Extraordinary opportunities call for extraordinary people. If you believe you can help make Timal the next big thing in MENA, then we want to hear from you.
About us
We are entrepreneurs who aim to be pioneers leading the way to our digital future. Our multicultural and diverse team consists of highly-driven experts from over 25 countries, speaking more than 34 different languages and who are located in Cologne, Berlin, Sofia, Vienna and MENA.

Do you have the entrepreneurial DNA it takes to create fast growing, digital businesses that scale and have a potential to help fundamentally transform our corporate partners? If the answer is YES!, then get in touch with us and become a part of our mission to co-create a better future for us and the upcoming generations!

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