Haypenny

Finance and Regulatory Co-Founder / CFO

Haypenny
12 - 15 years
United States
Full-time
Remote
1 month ago

About the role

About Haypenny
Haypenny is making the Internet better through micropayments. We’ve created an infrastructure that can handle all of the world’s daily small payments and execute them faster and cheaper than anything else before. It’s  super-fast and easy for users, and absolutely free of any charges. Haypenny micropayments unlock news articles and make microdonations–all fast, free, and safely anonymous.
Our product is built and our technology is mature. We’ve got a great marketing plan and the right people to reach our market. We’re now ready to take the next step in making Haypenny scale from a financial and regulatory perspective.
The role
Haypenny is looking for a founder level finance and regulatory leader to join the business as CFO. We need someone who can help shape the regulatory pathway, financial structure, funding plan, governance model and investor story around a working technology platform and solid marketing plan.
The role is unpaid until funding is secured, but will include substantial equity for the right person.
Responsibilities
  • Lead the financial and regulatory architecture of the business.
  • Work with regulatory bodies and the product team to ensure our compliance in our target markets.
  • Help establish the financial and regulatory operating structure for Haypenny.
  • Help build the financial model for funding, revenue, settlement, reserves, operating costs and runway.
  • Marshal support from regulatory experts, banking partners, custody partners, payment partners and investors.
  • Own the finance and compliance story for investors and strategic partners.

Ideal background
  • Experience in fintech, payments, stablecoins, money movement, banking, embedded finance or regulated financial services.
  • A deep understanding of the relevant US regulatory environment that impacts our business.
  • Credibility with lawyers, investors, banks, payment partners and regulators.
  • Start up experience is important: operate at founder level, not just one function.
  • Comfort joining early, before funding, in return for meaningful equity and the chance to do something really big.

What success looks like
Haypenny is building a revolutionary new way of making payments on the Internet, and we’ve already built the technical and marketing infrastructure to do this. Scaling our financial and regulatory structure is our next big challenge. The right candidate will allow Haypenny to operate in ways that other companies haven’t, and allow us to go into markets our competitors aren’t in yet.
Compensation
This is an equity based co-founder role until funding is secured.

Skills

Business Development and SalesFinancial Services
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