TransferWise Reviews | Glassdoor.co.uk

TransferWise Reviews

Updated 24 Feb 2020

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4.5
90%
Recommend to a Friend
93%
Approve of CEO
TransferWise CEO Kristo Käärman
Kristo Käärman
213 Ratings
  1. Helpful (2)

    "Excellent product and culture, needs to work salaries and guidance"

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

    I have been working at TransferWise full-time

    Pros

    Excellent product, solving a real problem. Tight focus on delivering positive customer impact, with autonomous teams able to work out what their goals and projects will be. The work/life balance is good, with flexibility to work how you need to.

    Cons

    Autonomous teams have led to a fragmented product experience as new offerings have been added. Management feel uncomfortable about stepping in to forcibly course-correct teams, worrying it will affect the perception of the culture. Salaries and benefits are 20% lower than market (especially for engineers).

    Continue reading
    TransferWise2018-04-23
  2. "Awesome revolution to be part of"

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

    I have been working at TransferWise full-time

    Pros

    Talented colleagues Great mission Challenging stuff to solve Product focused design and development

    Cons

    Very fast paced Self starters will thrive here

    TransferWise2018-04-23
  3. Helpful (2)

    "Inspiring and rewarding environment"

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

    I have been working at TransferWise full-time

    Pros

    Autonomous management: you decide what levers to move, you set your own KPIs Young teams, lots of enthusiasm

    Cons

    Autonomous management: sometimes it's hard to get other teams to cooperate, as they have their own priorities

    TransferWise2018-04-30
  4. Helpful (7)

    "Excellent product, colleagues and culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Former Employee - Senior Software Engineer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at TransferWise full-time for more than a year

    Pros

    Product is really good and with a clear value to customers. People is very honest. Great colleagues. Opportunity to have an impact in whatever you want, it's up to you to decide where your responsibilities end. Most of the projects are challenging and fun. You and your team will prioritise and decide what to do each quarter. Very team oriented, lot of amazing people.

    Cons

    - Salaries for Software Engineers are bellow average for a Fintech; value added by the engineering work deserves a better compensation. - Not for you if you just want somebody to tell you what to do/build

    TransferWise2018-02-18
  5. Helpful (5)

    "Marketing Manager"

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

    I have been working at TransferWise full-time for more than 3 years

    Pros

    - Exciting mission, hard to get from the outside but there are people really committed to make money transfer across countries as easy as possible, instantly and eventually free - Work with talented people to solve hard problems. It's fairly hard to keep up with certain levels of growth but if you are up for challenges it's the right place. - Progression is not about job titles but impact you have on customers.

    Cons

    - Autonomous teams can be messy but very good fun if is what you looking for. It's not for everyone.

    Continue reading
    TransferWise2018-02-21
  6. Helpful (2)

    "Great place to work - challenging but warm"

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

    I have been working at TransferWise full-time for more than a year

    Pros

    - Control of your own destiny - Growing rapidly - Stimulating colleagues - Intellectually challenging - Thoughtful management - Social conscience, mission driven - Global outlook with lots of travel

    Cons

    - You need to keep an eye on the travel - If you don't want responsibility don't come here

    TransferWise2018-02-20
  7. Helpful (2)

    "Mission driven, heart in the right place"

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

    I have been working at TransferWise full-time for more than a year

    Pros

    Has a set of values at the heart of everything that gets done here, open and honest culture, no B/S

    Cons

    Some travel involved, it's not a traditional place to come and work

    Continue reading
    TransferWise2018-02-20
  8. Helpful (2)

    "Marketing Manager at TransferWise"

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

    I have been working at TransferWise full-time for more than a year

    Pros

    - As a recent joiner I found the interview process and clear and communicative. - So far I've had freedom and responsibility to shape the role how I feel most effective - Coming from a corporate background the speed at which you can have direct impact without layers of hierarchy and approvals is great

    Cons

    Coming from a corporate background can be quite a culture shock, not waiting for someone to tell you what to do can be a challenge at first.

    TransferWise2018-02-21
  9. "A place where you can thrive - if you fit the culture."

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

    I have been working at TransferWise full-time for more than a year

    Pros

    At TransferWise you are given the opportunity to forge your own path, use your initiative and challenge ideas of others. Expect your ideas and decisions to be dissected but always in a constructive way. There is a huge opportunity to learn from the best across many different fields.

    Cons

    The culture here of autonomy and, some might say, politics can be difficult for some people. Convincing others to buy in to your ideas as they try to push their own can be a challenge. In the end the work produced is of top quality but sometimes you end up discussing what to do for longer than you should.

    Continue reading
    TransferWise2018-02-25
  10. "Paid Social Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Paid Social Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TransferWise full-time for more than a year

    Pros

    If you're someone that thrives on opportunity to be ambitious, try things and have some autonomy around how you and your team make decisions, TransferWise is perfect. It's fast paced, customer-centric and really pushes you to evolve yourself into someone that can make tough decisions as well as giving and receiving honest feedback. There are over 65 nationalities working at TransferWise, with people from all sorts of backgrounds, cultures and countries, which means that we're all passionate about the product we're building, and bring new perspectives to the table. There's a general understanding that people have lives outside of work - whether that be friendships, families, pets. Teams are supportive and flexible in that respect, with the trust that the impact will be made. It's up to individuals to be responsible for that.

    Cons

    If you're used to being told what to do and can't work through decisions yourself - you'll struggle. Progression isn't 'linear' in the sense that - you do this thing, jump through this hoop, you'll get a promotion. For me that's actually a pro as you're incentivised to learn and broaden your skillset for real purpose rather than for an artificial goal. However we are still in the point of our company life where we are relatively unstructured about people's development and need to spend more time on this to support people during TransferWise and for life after.

    Continue reading
    TransferWise2018-02-21

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