iwoca Reviews | Glassdoor.co.uk

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iwoca Reviews

Updated 5 May 2017
22 reviews

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Full-time Part-time

4.6
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
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Christoph Rieche
18 Ratings

22 Employee Reviews

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  1. "Client Onboarder"

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

    I have been working at iwoca part-time (More than a year)

    Pros

    Highly dynamic, fast-paced, hard working environment. Great colleagues with highly advanced expertise and a taste for good old fun.

    Cons

    No major Cons found until now.


  2. "Really cool place to work at"

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

    I have been working at iwoca full-time

    Pros

    - you get a lot of responsibilities from day one
    - very fast paced environment
    - good team atmosphere
    - nice benefits (amazing breakfast)
    - the number of holidays has recently been increased

    Cons

    - salary rather low for the finance industry
    - unbalanced gender ratio


  3. "Awesome company to work for"

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

    Pros

    - People are great and open
    - Relaxed Culture
    - CEO is a great guy
    - Upper management is very competent

    Cons

    - Nothing at all for the time I was there.

    Advice to Management

    Keep at it!


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  5. "Great place to work and have fun - one of the best in fintech industry"

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

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

    Pros

    Great team
    Great atmosphere
    Very smart people in top management
    Innovative and creative company
    One of top fintech companies in terms of technology
    Plenty of office perks
    Healthy food in the office, but also beer
    Fair bonuses
    Managers give you a lot of trust
    Openness of company strategy

    Cons

    Frequent changes, typical for company at this stage

    Advice to Management

    Continue the good work


  6. "Friendly environment"

    Star Star Star Star Star
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible and friendly workplace. As long as you do you job, no one will bother you with schedules, working hours etc. People are friendly and always available to help. There is food and drinks available, and on Fridays you can even have a beer. They usually do a Xmas party, and a Winter trip and/or Summer trip, where you can work from abroad. Only accommodation is paid, everything else you have to pay for it.

    Cons

    Expect long hours and low pay w/ no perks, no health insurance, no pension, nothing. Relies a lot on cheap labor, there are always people coming and going. Because of this you can't establish good relationships with colleagues, because nobody seems to last more than a year in that company, except of a few people. Not a lot of supervision which meant the office could be chaotic many times and it would make it hard for you to perform well in an open space. No investment on training whatsoever. No career opportunities.

    Advice to Management

    Increase wages and get more mature and experienced people in the office. Invest in training. Offer more benefits to the employees.


  7. "Company review"

    Star Star Star Star Star
    Current Employee - Account Manager in London, England
    Current Employee - Account Manager in London, England

    I have been working at iwoca (Less than a year)

    Pros

    Great place. Fast paced and friendly environment.

    Cons

    Start up. Over 100 employees. Fast paced.


  8. "Absolutely fantastic company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in London, England
    Former Employee - Software Developer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The team are incredibly smart, they take a lot of pride in what they do, and it's great to work alongside them. One of my favourite things about working there, was that while the team took their work seriously, they didn't take themselves seriously at all, and would always be the first to laugh at themselves.

    Personally, I grew so much as a person there, I couldn't recommend it strongly enough to someone who's thinking of applying.

    Cons

    It can feel a little chaotic at times, and if you're not used to having a lot of responsibility then you may find it challenging.

    Advice to Management

    Simply keep doing what you're doing. From the look of the other reviews on Glassdoor, it obviously seems to be working.


  9. "Great place to work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in London, England
    Former Employee - Credit Analyst in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at iwoca full-time (Less than a year)

    Pros

    Amazing culture - helpful and sociable colleagues People you work with are smart, motivated and humble. There is a great atmosphere in the office that is full of energy and you get to learn and contribute a lot.

    Technology and Data Driven Approach - business leverages the latest technology to provide fast and efficient service to customers. You are given powerful tools to work with and people generally have a data driven approach to problem solving.

    Cons

    Physical space in the office is getting limited as the team grows but it is still pretty comfortable at the moment.

    Advice to Management

    Keep doing what you are doing. Value the people at iwoca and continue to have frequent and open communication. Hire people that fit in the mould of being smart, motivated and humble and maintain the focus on being data driven.


  10. "Fantastic startup company"

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

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

    Pros

    Fantastic potential for career growth due to the flat structure. Really flexible working. Great team mentality in tech/risk, and lots of group activities/trips.

    Cons

    Not a lot in terms of the more expensive perks like Healthcare/pension, but this really just allows you to select what you spend your money on.


  11. "Great FinTech experience!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in London, England
    Former Employee - Software Developer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    - Flexible Hours
    - Good company atmosphere
    - Great tech atmosphere
    - Smart and experienced colleagues
    - Opportunity to learn thanks to all the cutting edge technologies the system is using
    - Management open to new technologies or ideas if it can be applied to the system
    - Ping pong table/Pool table

    Cons

    - Pressure is quite high (not for delivering the fastest but for fearing of breaking anything)
    - Problems aren't alway solved proactively which leads to history repeating itself
    - Personal growth didn't feel like it mattered very much
    - Lack of vision for the system future

    Advice to Management

    Monitoring wellbeing of employees and making sure everyone is happy.
    Monthly review should give focus points and things that could be improved even if not mandatory.


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