The Lending team’s mission is to expand access to credit for the 40M Americans with poor or thin credit. These individuals often struggle to make ends meet, and rely on predatory products like payday lenders or pawn shop loans. At Cash App Lending, we offer alternatives that are far cheaper, simpler, and straightforward.
Borrow, our flagship product, allows customers to get extra cash when they’re short. Our customers primarily use it to cover everyday necessities like groceries, gas, and bills. Demand for the product has been massive, making Borrow one of the fastest growing products at Block. We’ve grown 3x over the last year, serve over 4.5M monthly active customers, and provide our customers with more than $8B in access to credit each year.
We’re far from done though, and have ambitious plans to scale Borrow to all 40M Americans with poor credit. We’re looking for a gritty, driven Product Lead to lead us towards this vision. This role has significant executive visibility and is a top priority for the company.
Your responsibilities will include:
Partnering with design and engineering to build a simple and delightful UX. Partnering with the ML team to maximize access to credit within risk loss constraints.Partnering with legal and compliance to keep us in good standing with our regulators. Partnering with other product teams to weave Borrow into the broader Cash App ecosystem. Driving cross functional and executive alignment around a vision and roadmap