Cover image for iwoca
Logo

iwoca

Engaged Employer

iwoca

Add a Review

iwoca Reviews

Updated May 23, 2023

Verify your email to use filters. Having problems? Resend email
Found 154 of over 171 reviews
4.6
89% Recommend to a Friend
93% Approve of CEO

Found 150 of over 171 reviews

4.6
89%
Recommend to a Friend
93%
Approve of CEO
iwoca CEO & Co-Founder Christoph Rieche (no image)
Christoph Rieche
101 Ratings

The latest conversations about Finance

Join the conversation on

Finance

6m

a 

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.

49

12 Comments

Finance

217.9K Members 

Ask candid career questions

-1 - https://www.fishbowlapp.com/bowl/finance/posts?cf=gd&utm_medium=Glassdoor&utm_source=glassdoor.com&utm_campaign=Reviews&utm_content=Industry-content-prominent-Reviews&utm_term=iwoca~802176
Join the conversation on

Got a burning question about iwoca? Just ask!

On Fishbowl, you can share insights and advice anonymously with iwoca employees and get real answers from people on the inside.

What's Fishbowl
Ask a Question

What are your colleagues talking about?

Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously.
Join the Conversation

Top Review Highlights by Sentiment

Pros
  • "People are friendly and always available to help.(in 26 reviews)
  • "Great colleagues with highly advanced expertise and a taste for good old fun.(in 15 reviews)
  • "It’s a great culture to have and there’s now a huge push on “learning” across the company.(in 15 reviews)
  • "4.5 years and 3 offices later, we have a team of 150 and a great Central London office.(in 9 reviews)
  • "Benefits are good(in 5 reviews)
Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of iwoca and is not affected by filters.

Want more demographic options?
  1. 4.0
    Former Employee

    Great place to work

    Jul 18, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great culture with a lot of perks and friendly colleagues

    Cons

    Salary can be quite low when you're starting out.

    1 person found this review helpful

    iwoca Response

    Thank you for your review, we really appreciate your feedback. It's great to hear you enjoyed the culture and perks whilst you were at iwoca. We review salaries on a regular basis, which includes benchmarking internally and externally. We also encourage open discussions with managers and People Partners. We wish you all the best in your next career move. - The People Team

  2. 5.0
    Current Employee, less than 1 year

    Great working culture and promising business

    May 22, 2023 - Product Designer in London, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    iwoca is a company filled with exceptionally talented and passionate individuals. The working environment provides a fertile ground for rapid personal growth and offers numerous opportunities to showcase and maximize your unique skills and abilities. One of the standout aspects of iwoca is the prevalent culture of seeking feedback from peers, which ensures that you are constantly guided in the right direction and can make progress without unnecessary delays.

    Cons

    While the culture of frequent feedback at iwoca is undoubtedly beneficial, it can occasionally contribute to a heightened sense of stress among employees. The fast-paced nature of the workspace demands effective time management skills to stay on top of tasks and responsibilities. It is important to maintain a healthy work-life balance and proactively manage your time to thrive in this dynamic environment.

    Continue reading
    Be the first to find this review helpful
  3. Join the iwoca team
    See Our Latest Jobs
  4. 4.0
    Current Employee, less than 1 year

    Great company and culture, a lack of strategy

    May 15, 2023 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    I am a big fan of iwoca. The culture is great, with lots of social things going on. Other perks like the summer/winter house, food in the office, table tennis and ping pong add to the welcoming environment. The office is a fun place to be and well located. You are the creator of your own destiny and are allowed to pursue projects you think are important. There is a big focus on data and statistics. Feedback is frequently given and received which creates an open culture and allows for growth. Fair compensation and quarterly pay reviews.

    Cons

    There is no sign of a long-term strategy filtered down from management and little discussion of our actual customers which does make the work seem somewhat lacking a goal at times. Very remote-heavy for certain teams which may be a con for some people.

    Be the first to find this review helpful
  5. 5.0
    Current Employee, more than 3 years

    A true fintech dream for any designer!

    Mar 21, 2023 - Head of Design in London, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    -Hands down the best people place I've ever worked in. (100% Healthy Culture) -Good projects and builds to work in and ability to work/run self initiated projects End to End -Data led company, with big focus on Quant and Qual. -Big flexibility to choose to work from home (remote) or go to the office everyday depending on your needs -The Design Team is an amazing build of diversity and skill levels that compliment each other from Graphic Design to Product UX/UI. -You get company Summer/Winter escapes -Food, Snacks and Drinks are available to munch on everyday at the office -Team budgets for socials, lunch and other events is available. -Great Manager training -Great Mental Health Support hub. -Work from home budget for desk/chair and other tools. -Great SF and HW setup to get cracking on -Best IT and HR Team

    Cons

    -Many yearly/quarterly IT and compliance other Team trainings become long and arduous between daily tasks but but necessary to keep systems in check -Building or aligning roadmap across teams and stakeholders is tricky as everyone is pushing for the same goal in different levels and intensities. It's a matter of understanding what everyone wants and needs to build together.

    Continue reading
    1 person found this review helpful
  6. 4.0
    Former Employee, more than 3 years

    Account Manager salary

    May 23, 2023 - Account Manager in London, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Summer and Winter House Breakfast Fruits Drinks(juiced, coffee, tea,...) 25 holidays +1 extra on ur bday 1 volunteers day Maternity leave

    Cons

    Support from HR and Manager

    Be the first to find this review helpful
  7. 5.0
    Current Employee, more than 1 year

    .

    May 19, 2023 - Collections Specialist in Leeds, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Flexibility and benefits, culture f learning an progression

    Cons

    There are no cons to this role

    Continue reading
    Be the first to find this review helpful
  8. 5.0
    Current Employee

    Excellent place to work

    May 18, 2023 - Junior Credit Analyst in London, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good community of intelligent people, with a positive work life balance

    Cons

    The salary progression is slow

    Be the first to find this review helpful
  9. 5.0
    Current Employee

    A company where you can learn, push yourself and grow…

    Mar 6, 2023 - Account Manager 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    A workplace full of smart and ambitious people. If you are willing to put yourself forward, you’re also given the opportunity to try new things, learn and then improve. It’s a great culture to have and there’s now a huge push on “learning” across the company.

    Cons

    2023 didn’t start too well and our customers were heavily impacted by wider macro economic conditions (inflation, cost of living etc). This makes the job tough at times, especially when you’re dealing with SMEs on a daily basis. Saying that, demand for our product is now at pre covid levels..so there’s clearly a huge need for what we do.

    Continue reading
    Be the first to find this review helpful

    iwoca Response

    Thank you so much for leaving a review, we really appreciate it! It's great to hear how much you enjoy working at iwoca and our culture. - The People Team

  10. 5.0
    Current Employee

    Great company to work for

    Apr 21, 2023 - Customer Success Mentor 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Flexibility, work culture, progression, pay

    Cons

    More food in the office

    Be the first to find this review helpful
  11. 3.0
    Current Employee

    Interesting but for how long

    Oct 25, 2022 - Anonymous Employee in London, England
    Recommend
    CEO Approval
    Business Outlook

    Pros

    A fun work environment with extremely nice and supportive staff. Ideas can be turned into change quite quickly. The office is supplied with drinks, snacks and all ingredients for breakfasts as well as pool table, table tennis and a Switch to enjoy. The tech is excellent and efficiency improvements are continuously sought. Work life balance is very good with set hours and ability to work from home. Very social and accepting of all people.

    Cons

    Strategy and direction limited to a few select people. Work can be repetitive if not in one of those positions. Due to the size of the company career progression is limited internally and externally will be limited to the micro lending space. Peoples intelligence often result in finding a "smart" way to do something without first asking if or why it should be done at all in the first place. Lack of external experience for most staff impacts judgement. Interest rates on products are mind boggling and could be considered predatory.

    Continue reading
    Be the first to find this review helpful

    iwoca Response

    Thank you so much for taking the time to leave a review. We’re happy to hear you’re enjoying the work environment here with a good work life balance. We appreciate your thoughts and we’re always striving to be better and take all iwocan’s feedback seriously, so we recommend that you reach out to your manager or People Partner to discuss the direction of your role and potential progression opportunities. As we continue to grow, we ensure to always promote all opportunities internally as well as externally. It’s important to us that all iwocans are as involved as possible when it comes to the direction we are going in. As well as being transparent in regards to iwoca’s journey and growth, we encourage iwocans to share thoughts and ideas at Q&A’s in monthly townhalls, anonymous slack channels, peakon and other communication channels. - The People Team

Viewing 1 - 10 of 150 Reviews
</>Embed

iwoca Reviews FAQs

iwoca has an overall rating of 4.6 out of 5, based on over 171 reviews left anonymously by employees. 89% of employees would recommend working at iwoca to a friend and 81% have a positive outlook for the business. This rating has improved by 10% over the last 12 months.

According to anonymously submitted Glassdoor reviews, iwoca employees rate their compensation and benefits as 4.1 out of 5. Find out more about salaries and benefits at iwoca. This rating has improved by 7% over the last 12 months.

89% of iwoca employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated iwoca 4.6 out of 5 for work life balance, 4.6 for culture and values and 4.2 for career opportunities.

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

Popular Careers with iwoca Job Seekers

JobsSalariesInterviews

Work at iwoca? Share Your Experiences

iwoca logo
or

Get Community Insights About iwoca

Candid workplace conversations with real professionals.

Job Referrals!
167.4K

Job Referrals!

Best way to get your foot in the door with your favorite company! Plus employees won’t mind getting that referral money!

Interview Tips
163.6K

Interview Tips

Feel free to post any interview questions you might be asked and I’ll help you compose an effective response :)

Salary Negotiations
171.8K

Salary Negotiations

A community to ask questions and seek advice on negotiating your salary, compensation, etc.

Reviews by Job Title

iwoca Photos

+ Add Photo
iwoca photo of: Our team
iwoca photo of: Luna New Year celebrations
iwoca photo of: Celebrations
iwoca photo of: Valentines Day 2022
iwoca photo of: Diwali celebrations in the office
iwoca photo of: Oktoberfest 2022
iwoca photo of: Eid Celebrations 2022
See All Photos

Expert Career Advice

Guide to Getting Your First Job

Find a Great First Job to Jumpstart Your Career

How to Get a Job

Getting a Job Is Tough; This Guide Makes it Easier

How to Get a Promotion

Climb the Ladder With These Proven Promotion Tips

How to Negotiate Your Salary

A Guide to Negotiating the Salary You Deserve

How to Write a Resume

Write a Resume Recruiters Can't Resist

iwoca Job Seekers Also Viewed

Funding Circle Logo
Funding Circle

4

498 Reviews
Compare

Glassdoor has 171 iwoca reviews submitted anonymously by iwoca employees. Read employee reviews and ratings on Glassdoor to decide if iwoca is right for you.