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Uber has broken its silence on financial services products just five months after it pressed the brakes on finance-related projects in favor of its ride and food delivery businesses. Now, it seems Uber is reigniting its focus on finance, with a particular emphasis on globally scalable financial products and Uber Cash integration.
The job postings have a blanket focus on integrating Uber Cash with the firm’s other services. These include Eats, Rides, Transit, and Uber for Business. Users in the US can already use Uber Cash to pay for these other Uber services. But it is not yet a service rolled out to all of Uber’s markets. Specifically, the job listings say the product team will work with Uber’s “Money Platform” to support paying with Uber Cash. The Uber Money team was subsumed under Uber’s vice president of technology, Peeyush Nahar, back in June. The postings also mention building “consumer Internet products”, “co-branded credit and debit cards which scale across different geographies”, and “cashback reward-based products”.
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