Technical Product Manager - Card Payments

Hybrid in London, UK.

We’re looking for a Product Manager to work with a brand new team and build iwoca’s first credit card product for small businesses.

The Company

Imagine a world where every small business has the power to thrive. Since 2012, iwoca has revolutionised how small businesses access finance, turning a lengthy process into fast, flexible funding. We’ve funded billions to over 150,000 businesses across Europe and aim to empower one million businesses with the financial tools they deserve.

We combine technology and data science with human understanding to make finance feel like a superpower, helping businesses manage cash flow and seize opportunities.

The team

The Credit Card Payments team is forming to build iwoca’s new credit card product for small businesses. The team will deliver a seamless, secure payments experience that meets card scheme and regulator requirements while supporting iwoca’s growth.

The role

Ownership And Influence

This role offers the opportunity to shape the systems behind iwoca’s new credit card product, combining hands-on technical focus with long-term architectural thinking. You will shape product decisions, contribute to technical direction, and deliver work that supports financial access for small businesses. You will lead a dedicated engineering team and work with our Finance, Fintech, Fraud and other teams to ensure robustness, scalability, and integration with existing iwoca systems.

• Define and manage the product roadmap for card payment processing and authorisation flow and their interactions with the card ledger.
• Own end-to-end credit card transaction flows, including authorisation, clearing, settlement, chargebacks, and cashback, considering edge cases and different transaction types.
• Collaborate with engineering and finance to shape the technical direction for the in-house ledger, evolving the blueprint and growing as a subject matter expert.
• Influence system architecture decisions, aligning product logic with scheme and regulatory constraints.

Technical expertise and collaboration

• Translate business rules and scheme requirements into technical specifications for authorisation and processing systems.
• Maintain up-to-date system documentation, process diagrams, and test case mappings for QA and compliance.
• Identify Visa and Mastercard requirements relevant to launch and incorporate them into system flows and data needs.

Product development and growth

• Map transaction flows, turn rules into specifications, and work with product, engineering, finance and risk teams.
• Develop your technical and domain expertise in card payments, scheme requirements, and regulatory frameworks.
• Take a product from concept to market and iterate based on feedback and data.

Essential

• Experience with card payments, issuing, and processing systems, including tokenisation and scheme integration.
• Knowledge of payment protocols and standards (EMV, PCI, Visa/Mastercard scheme requirements).
• Ability to map detailed transaction flows, define precise system behaviours, and write clear functional requirements.
• Experience with RESTful services, monitoring/alerting tools, and browser-based testing and debugging.
• Collaborative approach to cross-functional teams and clear communication of technical requirements.

Bonus

• Familiarity with full card lifecycle (onboarding, fraud, dispute handling).
• Experience with ISO 20022 and PSD3 regulatory frameworks.
• Comfortable in an early-stage product environment with evolving requirements.

Salary

We expect to pay from £70,000 – £90,000 for this role. Please include your salary goals with your application. We benchmark salaries against market rates and conduct quarterly reviews.

The culture

We prioritise learning, growth, and support, investing in the professional development of our team. We value diversity in thought and skill and encourage exploration of new areas to improve our products and services.

The offices

• Offices in London, Leeds, Berlin, and Frankfurt with drinks and snacks.
• Events and clubs, like bingo, comedy nights, yoga classes, football, etc.

The Benefits

• Flexible working.
• Medical insurance from Vitality with gym discounts.
• Private GP service for you and dependents.
• 25 days’ holiday, extra day for your birthday, option to buy/sell up to 5 days, and unlimited unpaid leave.
• One-month fully paid sabbatical after four years.
• Emotional and mental health support.
• 3% pension contributions and share options.
• Parental leave and nursery tax benefit scheme.
• Cycle-to-work and electric car schemes.
• Two company retreats per year.

Learning opportunities include a development budget, company-wide talks, and access to learning platforms.