Uber ($UBER) announced its new mobile banking platform called Uber Money this week, which it says will provide 4-million drivers and couriers mobile bank accounts. It will include debit and credit cards, digital wallets, and other banking features that it says will remove "financial middlemen and generate new revenue streams" for drivers and even customers.
The company has been busy hiring people for the service, with some job listings going back to 2016 for software engineers. it wasn't until October 10, 2019, that Uber listed an opening for a "Program Leader, Money Platform".
So, Uber has listed 38 positions that appear to directly point to the Money platform in their titles (also correcting for jobs that were in finance for other purposes). Those include:
Title |
---|
Android Sr Mobile Software Engineer - Money, Global Payments |
Engineering Manager - Money |
Engineering Manager - Money (Palo Alto) |
Engineering Manager, Money |
Engineering Manager, Money Platform - NYC |
Full-Stack Software Engineer - Money Platform |
iOS Sr Mobile Software Engineer - Money, Global Payments |
Lead Product Marketing Manager, Money |
Operations Coordinator, Money – Uber Eats |
Operations Manager, Money – Uber Eats |
Product Designer Internship - Money |
Product Manager - Uber Eats - Money Team |
Product Manager - UberEverything - Eats Money and Payments |
Product Manager - UberEverything - Eats Money team |
Product Marketing Manager, Money |
Program Leader, Money Platform |
Senior Mobile Software Engineer - Money, FinTech |
Senior Product Manager - Money Platform |
Senior Software Engineer - Full Stack - Money, FinTech |
Senior Software Engineer - Money (Palo Alto) |
Senior Software Engineer, Money |
Software Engineer - Money |
Software Engineer - Money (Front-End) |
Software Engineer - Money (Palo Alto) |
Software Engineer - Money Programs |
Software Engineer -Money |
Software Engineer- Money |
Sr Engineering Manager, Money |
Sr Software Engineer - Full Stack - Money and Payments Innovation |
Sr Software Engineer - Global Money Platform |
Sr Technical Program Manager, Global Money Compliance |
Sr Technical Program Manager, Global Money Platform |
Sr Technical Program Manager, Global Money, Risk |
Technical Program Manager, Global Money Integration |
Technical Program Manager, Money and Payments Platform |
Uber Eats Product Operations Manager, Money |
Uber Eats Product Operations Manager, Restaurants Money |
User Experience Researcher, Money Team |
Uber Money's announcement comes just ahead of earnings as the company is under increased pressure to begin turning a profit. Bringing a digital wallet and payment system into its ecosystem would allow Uber to get a piece of all transactions made on its platform, both on the rider and driver sides of things. Job listings indicate that the platform will also apply to the company's Uber Eats delivery service.
On the tail of the Uber Money launch will also be the re-introduction of an Uber credit card with Barclays, similar to how Apple launched its credit card with Goldman Sachs.
About the Data:
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Further Reading:
- Lyft hiring up 18%, Uber down 17% as rideshare companies prep earnings reports
- Uber cut hiring by 18% a month before layoffs
- Here's who Uber is hiring to build its drone delivery service for Uber Eats