iwoca Reviews

Updated Jul 13, 2021

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Found 104 of over 121 reviews

4.4
92%
Recommend to a Friend
91%
Approve of CEO
iwoca CEO & Co-Founder Christoph Rieche (no image)
Christoph Rieche
73 Ratings
Pros
  • "The work environment is great, you get a lot of trust and responsibilities from the start(in 13 reviews)

  • "The bosses are willing to consider flexible working arrangements if deemed necessary(in 10 reviews)

  • Cons
  • "This attitude translates into pay and career progression(in 5 reviews)

  • "Low pay, no benefits, long hours(in 4 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee

      Great culture decent pay

      Jul 13, 2021 - Back Office 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Culture. Incredibly friendly and supportive.

      Cons

      Company is growing quickly and staff turnover can be high as people move through the ranks quickly and get offers from elsewhere.

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    2. 3.0
      Former Employee, more than 1 year

      Product and business itself is good, but you can find more stress-free and friendlier working environments elsewhere

      May 11, 2021 - Analyst in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Some really clever and innovative people and ideas Most colleagues, particularly those in a non-managerial capacity, are generally nice people Business itself is on the up and is certainly one of the market leaders in its field Would recommend to people wanting to learn more about SME and innovation in finance generally, as well as develop practical 'on the job' working skills, as you will get the opportunity to develop that

      Cons

      Brands itself as a start-up but in reality, can be quite corporate, with the typical internal politics you would associate with non-start ups. Being internally pummelled relentlessly with messages of what a great start up they are and how they are going to change the world becomes exhausting and boring after a while On the non-tech side, can be difficult to contribute to strategic development of the business, feeling like you are being judged rather than be invested in and asked to help with new ideas. Silos occasionally happen where there is no communication between tech and non-tech as they sit in separate departments Would not recommend to people who prefer working in an environment where they feel valued

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      4 people found this review helpful
    3. 4.0
      Current Employee, more than 3 years

      Great company, hard work

      May 5, 2021 - Relationship Manager in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Team is great - it's easy to trust your colleagues and they all work hard for you and with you. It's a very social environment which makes the day to day easier, especially when work gets tough. Management are also very communicative of objectives and company health.

      Cons

      For younger members of staff it's sometimes tough to see progression - there's a definite ceiling you reach for promotion and pay prospects. Salary is comparatively low for operations versus other similar fintechs. Management have been fairly vague with attributed values as we have grown.

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      1 person found this review helpful
    4. 4.0
      Current Employee

      Great culture

      Jun 22, 2021 - Product Manager in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Culture of getting stuff done, getting on with things

      Cons

      Can be overwhelming at times. Will require you to put in the hours

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    5. 5.0
      Former Employee, more than 1 year

      Great place to work and grow

      May 16, 2021 - Software Engineer in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Amazing company to work for and grow in

      Cons

      Nothing that I can think of

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    6. 3.0
      Current Employee

      A mixed bag

      May 7, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      People are competent and care about what they do, and are mostly very nice. Benefits can be pretty good and it seems fairly easy to move up or sideways if you're committed to staying at the company. Good WFH setup during the pandemic

      Cons

      Expectations are very high and the constant push to go above and beyond can be tiring and stressful. Senior management don't promote a good work life balance and if you don't thrive under pressure it can be tough going

      1 person found this review helpful
    7. 4.0
      Current Employee, more than 3 years

      Good company

      Jun 21, 2021 - Sales Executive in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Fast paced environment, great office

      Cons

      Product is out of touch with the market

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    8. 5.0
      Former Employee, more than 3 years

      nice place to work

      May 12, 2021 - Account Manager in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      great atmosphere, challenging environment, good spirit

      Cons

      . . . . .

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    9. 5.0
      Current Employee

      Best for Work Life Balance

      May 4, 2021 - Principal Product Designer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Team that helps you grow and a product that helps small business grow.

      Cons

      Get more PMs and more Designers

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    10. 5.0
      Current Employee, more than 1 year

      Incredible company to work for

      Apr 27, 2021 - Credit Analyst in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Oustanding working environment with state of the art professionals

      Cons

      I couldn't say anything bad

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