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Fundera by NerdWallet

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Fundera by NerdWallet

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Fundera by NerdWallet Reviews

Updated Oct 24, 2022

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Found 84 of over 86 reviews
3.6
56% Recommend to a Friend
75% Approve of CEO

Found 84 of over 86 reviews

3.6
56%
Recommend to a Friend
75%
Approve of CEO
Fundera by NerdWallet CEO Jared Hecht (no image)
Jared Hecht
65 Ratings

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Finance

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Commercial Customer Service Representative

What’s the best way to have a lack of compensation and incentive conversation in your department? I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. I thought my 5 year was going to finally show something but it did not. I’ve inquired about pay but it’s gotten nowhere.

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Finance

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Top Review Highlights by Sentiment

Pros
  • "Overall, Fundera was a very tough place to leave because the people are awesome.(in 13 reviews)
  • "Great culture, people and management.(in 8 reviews)
  • "The leadership team is composed of seasoned, smart, approachable subject(in 5 reviews)
  • "hands meetings (catered), board meeting recaps, opportunities to give feedback , accessible leadership, company / team OKRs etc.(in 5 reviews)
  • "Awesome team mates that I can talk about everything and be friends outside of work.(in 5 reviews)
Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. 5.0
    Current Employee

    Love

    Oct 6, 2022 - Senior Account Executive 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Love this company. So transparent and always willing to take employee feedback and make changes. The sale can be hard some months, but a lot of the time the products sell themselves. Awesome culture in the office.

    Cons

    I wish management was hired mostly from within so they knew the role a bit better.

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  2. 2.0
    Former Employee, less than 1 year

    Organization with no solutions

    Oct 24, 2022 - Account Executive in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    good benefits and free healthcare but most companies in this space usually offer that

    Cons

    basically everyone is new and its for a reason most people after 4 months figure the role just isnt worth it unless you just want to make your base pay but if you are only making base pay most likely you will get fired only 10% of the organization gets a bonus and its always the same people the compensation plan is trash and the value of deals are not equally or weighted fairly based on your role leads are not distributed evenly

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  4. 1.0
    Current Employee, more than 1 year

    Leadership more concerned with Glassdoor reviews than career development

    Jul 12, 2022 - SMB Account Executive 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    -Everyone is of similar age -Office is nice

    Cons

    Coming from a high performer who learned the role from peers- -Terrible management (they hired managers who have never done the job, be ready to lean on your peers who are as green as you to learn the role) -Management does not help when you’re struggling (they tend to read off stats and tell you to do better) -Managers do not follow through with commitments -This is a grind job and very transactional, high burnout (people leave every other week) -PTO is not actually unlimited when you CAN’T take it due to a monthly quota -Lack of career growth -Management is not aligned with each other so you will hear multiple answers regarding company policies, etc. -Low base pay and low OTE -You will feel like just a number

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    1 person found this review helpful
  5. 5.0
    Current Employee

    Great Culture

    Jul 5, 2022 - SMB Account Executive 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Unbelievable support to help you succeed. Incredible opportunity for growth

    Cons

    None I can think of

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  6. 3.0
    Current Employee, more than 1 year

    If you have experience look elsewhere

    Jan 26, 2022 - Account Executive 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    -good first job out of college -unlimited PTO -health insurance covered

    Cons

    -many surprise firings -cut throat environment (not hitting goal, you lose your job) -no training program -managers hired w/ no industry experience - all reps fresh out of college -commission plan always changing and extremely high goals -new reps take a long time to ramp (cheap labor for NW while reps commission is capped at 50%)

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    1 person found this review helpful
  7. 5.0
    Current Employee

    Dynamic Company Where You Can Grow Your Career

    Sep 25, 2020 - Marketing 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - There are a lot of interesting problems to solve in Fundera's industry and the company has big lofty goals. We're always trying to be better, think of new ways to do things, and ultimately drive an impact for our customers and within the industry. - Very fast-paced. I've never felt a lull in my time here! - Leadership values good ideas and input from the rest of the company. In every point of my career here I've always been able to share my ideas, thoughts, and feedback to leadership and felt like I was being heard. I've also been thrown into a wide array of projects so I've learned and grown so much at this company. - The leaders genuinely care about their employees. - The mission to help small business owners make better financial decisions is invigorating, especially now as small business has been so impacted by the coronavirus outbreak.

    Cons

    - While fast-paced is generally a pro for me it can be a con at times. Decisions are evolving constantly, and we're trying to do many, many things at once. - The industry is especially challenging to be in right now as covid has so profoundly impacted business owners. It can be hard to know you're moving in the right direction when the market is swinging so heavily with what's happening in the pandemic.

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  8. 4.0
    Current Employee, more than 1 year

    Good opportunity if you lean in to the role

    Jul 26, 2021 - Account Executive in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - good sales coaching - good culture where reps support each other - great to have office re-open, one of the best parts of the role is the in-office culture - Nerdwallet acquisition clearly bringing more leads/investment

    Cons

    - there are a lot of systems to learn, some reps do not have an easy time of this - lending partners can come and go, usually it's not a big deal but occasionally can be

    1 person found this review helpful
  9. 2.0
    Former Employee

    Extremely micromanaged sales team

    May 27, 2021 - Sales 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Met a lot of great people!

    Cons

    Sales management micromanages everyone, and it has only gotten worse in the last year with people working from home. There is pressure to be available and working all hours of the day and management keeps tabs on the hours you’re actively making calls and sending emails. There always seems to be a feeling of anxiety and panic across the team that isn’t healthy or sustainable. A lot of the team feels burnt out. Sales is a grind no matter where you work, but management should be able to trust that their employees are working hard and working towards hitting quota without micromanaging every minute of every day.

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  10. 1.0
    Current Employee, more than 1 year

    Wouldn’t recommend working here

    Feb 18, 2022 - Funding Advisor in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    None other than a stepping stone

    Cons

    Inexperienced management. Wouldn’t recommend working here

    1 person found this review helpful
  11. 5.0
    Former Employee, more than 1 year

    most fun team ive worked on

    Sep 27, 2021 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    fun, comp, helping people, work environment

    Cons

    remote friendliness back in 2019

    Be the first to find this review helpful
Viewing 1 - 10 of 84 Reviews
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Fundera by NerdWallet Reviews FAQs

Fundera by NerdWallet has an overall rating of 3.6 out of 5, based on over 86 reviews left anonymously by employees. 56% of employees would recommend working at Fundera by NerdWallet to a friend and 57% have a positive outlook for the business. This rating has decreased by -7% over the last 12 months.

According to anonymously submitted Glassdoor reviews, Fundera by NerdWallet employees rate their compensation and benefits as 3.3 out of 5. Find out more about salaries and benefits at Fundera by NerdWallet. This rating has decreased by -11% over the last 12 months.

56% of Fundera by NerdWallet employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Fundera by NerdWallet 3.5 out of 5 for work life balance, 3.5 for culture and values and 3.4 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at Fundera by NerdWallet to be benefits, senior leadership, career development and the cons to be compensation, management.

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Glassdoor has 86 Fundera by NerdWallet reviews submitted anonymously by Fundera by NerdWallet employees. Read employee reviews and ratings on Glassdoor to decide if Fundera by NerdWallet is right for you.