Proceed at your own risk - Tech N26 Employee Review

1.0
Jul 19, 2019
Recommend
CEO approval
Business Outlook

Pros

Nice overall package of benefits that the People team has built over time (public transport subsidy, brown bag lunches, gym, generous development budget, metal card for long-term employees etc). Interesting challenges, if you're given the time and space to focus on them. Dog friendly, with lots of furry friends around for cuddles.

Cons

N26 is now a shadow of its former self. It's culture, which used to be one of its strengths, has become completely toxic. Employee morale is at an all-time low. The ramshackle "headquarters" in Berlin is certainly not the premises that you would expect one of the most valuable fintechs in the world to be situated in. It's difficult to get to by public transport and you'd be lucky to find a working coffee machine on one of the floors. Senior employees are leaving by the droves and there seems to be a resignation announcement/farewell party every other week. However somehow management seems to be turning a blind eye and continuing to proceed as if nothing needs to be addressed. Employees are not fairly compensated (although some departments more so than others) because N26 believes its "brand" on your resume is worth more than fair market pay. And finally, leads seem to be running around like headless chickens from one crisis to another. This results in unclear priorities and very little work getting done. I am not sure why N26 is valued so highly - the investors haven't seemed to have looked under the hood. They would have been frightened if they had.

avatar
N26 Response
6y
Thanks for sharing your feedback with us and your experience of working at N26. It's great to see that you are enjoying the benefits provided by our people team. This year has been a big one for us moving into a new HQ in West Berlin it was a huge project relocating and moving over 600 employees into the workplace. We pride ourselves on providing an inclusive and collaborative working environment to help us grow and develop, which means we have highly committed and focussed individuals working at all levels across our teams. Understandably, our journey is one that doesn’t match everyone's personal journey and although we aim for every N26er to be set up for success, there are rare times where this has not been possible.

Explore other reviews about N26

5.0
Jun 13, 2023
Recommend
CEO approval
Business Outlook

Pros

Great product and design and team is worldclass

Cons

more focus on understanding customer needs

5.0
May 21, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Small team in NYC working on bringing N26 to the US. Flat team structure (no bureaucracy or painful hierarchies). Open lines of communication and instant feedback loops. Everyone is extremely smart and driven towards a common goal, and we also enjoy each other's company both in and out of the office. There's also respect for having a life outside of work and a good sense of balance. Huge opportunity to take on as much work as you can handle and drive your own workstreams and outputs. I've found that my scope of responsibilities is quite large, and since joining, I've broadened my skill-set significantly in areas I wanted to expand upon.

Cons

Coordination with Berlin can be difficult at times given time zones and hypergrowth there. Nonetheless, people always are willing to help out and make themselves available when needed. Small team size as of now means fewer hands to help with all that needs to get done. That said - plenty of opportunity for new joiners to take on key tasks and responsibilities as we continue to grow the team

32
avatar
N26 Response
7y
Thanks for sharing your feedback with us and your experience of working at N26.
See reviews by: Helpful|Rating|Date|All