CEO & Cofounder - Loyalty & Cashback Platform

About Us:

Sanabil Venture Studio, a partnership between Sanabil Investments and Stryber, merges top-tier talent, seasoned founders, and robust funding to propel startups to unicorn status. Leveraging a blend of industry, technology, and startup expertise, we generate and evaluate visionary ideas, and take them from idea to building and launching MVPs. If an MVP we build proves to be successful, we provide targeted seed funding, ensuring each venture is equipped with the financial foundation to meet its ambitious goals. Beyond early stage development and funding, we provide ongoing support to our portfolio ventures and founders in their pursuit of scaling their startups.

Our latest venture is set to revolutionize the loyalty and cashback market with an innovative platform & app.

Consumers can earn cashback in physical locations close to them (by simply scanning the receipt after their purchase), collect cashback on their account and cash out the cumulated cashback to their bank account whenever they like. And not specific to one brand, but across brands.

Brands like supermarkets, groceries, restaurants and gas stations can offer cashback directly to consumers as a promotion tool to win new customers in their physical & online locations - with a clearly attributable and measurable ROI.

We are seeking an experienced and visionary CEO to lead this journey, offering a unique opportunity to join the startup in its early stages and shape its vision and strategy from the ground up.

Key Responsibilities:

• Strategic leadership:
• Develop and execute the company's strategic vision and long-term goals.
• Identify and pursue new business opportunities and market expansions.
• Operational management:
• Oversee daily operations and ensure the effective implementation of business strategies.
• Drive the development and implementation of scalable processes and systems.
• Financial performance:
• Optimize financial outcomes by driving revenue growth and managing costs.
• Secure funding and build strong relationships with investors and stakeholders.
• Track key performance indicators and present updates to the board.
• Product and tech development: Guide the development and enhancement of the platform and services.
• Team Leadership
• Hire, inspire, mentor, and lead a high-performing executive team.
• Foster a collaborative and innovative environment that attracts top talent.
  

Qualifications:

• Proven experience as a CEO or senior leader, preferably in the marketing, loyalty or customer experience sectors (of a large grocery, supermarket, or restaurant brand)
• Strong understanding of loyalty and reward operations, marketing and customer-centric platforms.
• Demonstrated success in scaling startups or leading high-growth businesses.
• Outstanding organizational, leadership, and communication skills.
• Visionary mindset with the ability to navigate complex markets and execute bold strategies.
• Entrepreneurial grit with a hands-on approach to problem-solving and decision-making.
• Relevant Local KSA experience is a required
• Fluent in English (Arabic would be highly preferable)
  
  

Benefits

• The unparalleled opportunity to co-found and lead a cutting-edge product that has already been validated and is now in the process of scaling up
• A comprehensive and streamlined onboarding process to ensure a smooth transition into your new role
• The support of Stryber, a premier venture building unit, for the first months of your entrepreneurial journey
• A competitive compensation package, including equity options