TransferWise Reviews | Glassdoor.co.uk

TransferWise Reviews

Updated 15 January 2019
181 reviews

Filter

Filter


4.7
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
TransferWise CEO Kristo Käärman
Kristo Käärman
51 Ratings

Employee Reviews

Sort: PopularRatingDate

Pros
  • "Positive and inspiring work environment" (in 21 reviews)

  • "You get to work with great people, everybody seems to be very focused on the company's mission and keeping it a great place to work" (in 13 reviews)

Cons
  • "Autonomous teams do more harm than good" (in 15 reviews)

  • "with the very large and quick growth there are sometimes growing pains that go with it" (in 5 reviews)

More Pros and Cons

  1. Helpful (1)

    "Amazing company with lots of potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time (Less than a year)

    Pros

    The reason I joined was that the mission resonated. I was fed up with banks charging me high fees and the transaction taking up to 5 days. We really are focused on this mission and we have great values that underpin this. I love the autonomy teams have and the forward thinking 'problem solving' mindset. There are lots of great perks... An all company paid trip, healthcare, local discounts, gym, yoga, and lunches to name a few. But, the flexibility and immediate trust is what i like the most.

    Cons

    I can't think of any at this stage.

    Advice to Management

    Keep focused on autonomous teams


  2. "Love working at TransferWise"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous in London, England
    Current Employee - Anonymous in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time (Less than a year)

    Pros

    - Great working environment, strong corporate culture and super smart and passionate people
    - Very strong mission and customer focus
    - I am a happy customer myself, which makes working here even better
    - Super exciting hyper-growth, a lot of new people joining all the time
    - I definitely develop and I get all the support I need
    - TransferWise encourages business travel to other offices

    Cons

    - Some growing pains like limited office space, but everyone is making the best out of it until the office is expanded
    - Autonomous teams aren't always the best way to work, some leadership would to good

    Advice to Management

    Some more leadership would be great and help a lot of teams

  3. Helpful (5)

    "Nice work environment but issues with scaling it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer in London, England
    Former Employee - Software Engineer in London, England
    Positive Outlook
    Disapproves of CEO

    I worked at TransferWise full-time (More than a year)

    Pros

    There are a lot of opportunities to grow and learn, especially if you are rather early in your career, as you are not really stuck in a role and specific tasks but can easily spend some time on anything which is useful for the company.

    Teams are mostly small, cross functional (except for some aspect like infra) and independent in how they operate.

    On top of teams being independent people are rather free about where/when/how they work as long as it is not abused too much and they deliver (remote working, working from home).

    If you spend more time than average working in a productive way it will be acknowledged and rewarded.

    Cons

    Weak leadership of the company and management overall. Leads have mostly ended up there based on time in the company rather than leading skills.

    Lack of coordination and alignment between the independent teams which reinforce a work in silos and creates confusion around the big picture.

    It is time to acknowledge that TransferWise is not a startup anymore even if it has managed to keep a lot of nice stuff from that and put in place efficient structures and processes for the scale it operates at nowadays.

    Some can abuse the independence and freedom mentioned in the bad points with very little control on it which can be frustrating for people playing fair game.

    The leadership team of the company tends to micromanage or even bypass teams when things are not going in the direction they have in mind, while the root causes of lack of inspiration and alignment from them to the rest of the company doesn't seem to be much addressed.


  4. Helpful (5)

    "Awesome Environment, People. Product"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - User Experience Designer in London, England
    Former Employee - User Experience Designer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at TransferWise full-time (More than a year)

    Pros

    All very, very, very good! Great environment, colleagues, product!

    Cons

    Nothing I can think of. It really is a super company. Would recommend to all.

    Advice to Management

    Keep up the good work. Great to work for you, even better using your products!


  5. Helpful (2)

    "Full Stack Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Full Stack Developer in London, England
    Current Employee - Full Stack Developer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time (Less than a year)

    Pros

    great salaries
    amazing atmosphere
    free and complete breakfast
    free lunch on Fridays
    all company paid holidays
    amazing flexibility on work location

    Cons

    as a young company, too many changes in the product and teams structure


  6. Helpful (2)

    "Great company with great culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Manager in London, England
    Current Employee - Product Manager in London, England
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at TransferWise full-time (More than a year)

    Pros

    * Amazing working environment. TransferWise has by far the best corporate culture you'll ever find.
    * Great mission and great attention to customer.
    * Just such a great working environment. Super nice people everywhere
    * Business is going great and sky rocketing

    Cons

    * Company going through some growing pains
    * Autonomous teams do more harm than good
    * TONS of engineering dept. Actually makes the company very, very slow at moving. Lots of outages all the time.

    Advice to Management

    Fix your engineering team.


  7. Helpful (2)

    "Working at Transferwise"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Junior Designer in London, England
    Current Employee - Junior Designer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time (Less than a year)

    Pros

    Great culture.
    The people here are amazing.
    Work is varied and exciting.
    Feel supported by my team and my lead.
    Good friends across team.
    Can see how I can grow here in time.
    Kept aware of company plans and future goals.

    Cons

    Start-up culture so moving very quickly, so there are lots of new people.

    Advice to Management

    Good value-ship of employees.

  8. Helpful (1)

    "Have impact at a company that cares"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time

    Pros

    - Open and transparent culture
    - Lots of opportunity to get involved and try new things
    - Short turnaround on features means you can have an impact immediately
    - Prioritisation is based upon data and value, not politics
    - A company driven by a mission to change things for its customers
    - Great smart people who care about each other
    - Great working environment with a lot of benefits

    Cons

    - Autonomous culture will not be a fit for everyone
    - Base salary is higher at some other places but you are compensated with stock


  9. Helpful (1)

    "An inspiring work environment driven by a great mission"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Executive in London, England
    Current Employee - Marketing Executive in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time (Less than a year)

    Pros

    - Amazing to be surrounded with such energy and intelligent, driven co-workers
    - Everyone lives for the mission of the company which is great and gives purpose for your work
    - Flexible working and great benefits
    - A very cool London office with free breakfast and a sauna!
    - Definitely for someone who is passionate about the mission and loves a good challenge

    Cons

    The dynamic, fast-paced nature of the business might not be suitable for everyone.


  10. "Product Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at TransferWise full-time

    Pros

    Great work environment with smart peoppl

    Cons

    Work hours can be unreasonable at times