N26 reviews

3.5

56% would recommend to a friend

(702 total reviews)
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Valentin Stalf

28% approve of CEO

39% positive business outlook

N26 has an employee rating of 3.5 out of 5 stars, based on 702 company reviews on Glassdoor which indicates that most employees have a good working experience there. The N26 employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

702 reviews
2.0
Dec 15, 2016
Recommend
CEO approval
Business Outlook

Pros

- International environment - free perks and beverages - freedom of project selection - company offices It's generally a pleasure to work surrounded by international people.

Cons

Too hard to attract tech leads, impossible deadlines lately, talent seems to flee because software quality is unacceptable. Lack of proper management of engineering projects. Projects are managed and developed with a YOLO mindset. Total lack of testing in several back-end projects put the product quality in serious risk.

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N26 Response
8y
Dear Reviewer, Thank you for your feedback on your experience at N26. December 2016, as we have mentioned in other responses, was a migration period from our partner platform to our own backend system. We are very much aware of the amount of work which was required from all our teams and more so our tech leads given the responsibility they had to ensure their teams deliver on project. After successful migration, we’ve been working on increasing our team’s capacity to make sure that work is distributed well and that our employees are not overburdened. We are hiring a number of Tech Leads and Senior Software Engineers to make sure that this scenario does not repeat itself in the future. Best, N26
1.0
Sep 22, 2019
Recommend
CEO approval
Business Outlook

Pros

- Perfect if you graduate from a good business school, plus points if you're Austrian an look like the founders - Those who say "yes" will get ahead - Good banking app (but Germans standards are low) - Some good leaders at the lower levels - most of them are leaving though - Great "stories" to share with friends - Startup perks - drinks, pizza, free lunch 1/week

Cons

- Transparency value ha! What a joke! No view on financials. Investors told a completely different story from what's going on on the ground. - Integrity value ha! Promise to address issues from culture survey. 3 months later, nothing! Told "we're discussing this at a leadership offsite" - Drive value ha! Nothing except drive to see customer numbers which aren't going up. So much so they stopped talking about them. - If you're male, Austrian and come from a "good business" school you'll get your pet project pushed ahead - CEO doesn't seem like he can keep any of his leadership team. Except those who are the "yes men" - Growth of numbers "at all costs" - Sounds like fun. Not so much from the inside. - Best slogan. Overpromise. Underdeliver

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N26 Response
6y
Thanks very much for sharing your feedback with us. We take all feedback seriously, and there are a number of points you have raised here that give us concern. These points will be taken back to the relevant people across the business. As we hope you are aware, we have introduced a whole range of new employee communication channels to share company information with all of our employees. We’re also introducing more tools and processes to obtain employee feedback. This includes our quarterly employee engagement survey, more detailed performance and development discussions, and the external Speak Up hotline where you can raise concerns confidentially. On top of this we have implemented a new All Hands meeting cadence to discuss business updates and company information. Finally, our Recruitment process is designed in a way to eliminate favoritism or preferential treatment for any groups. We have teams that focus on inclusive hiring both at the executive level and with our entry level team members. We never focus our hiring efforts on specific university types or backgrounds. We are proud to have increased our gender population month-on-month and continue to grow our business with a huge multinational community of over 80 different nationalities working with us. We hope you are starting to see a positive impact from changes that we are making following the huge growth period we experienced. Open communication is crucial to our continued improvement, and as always we would welcome a direct conversation if that is something you would be open to. Please reach out to the People Team if you’d like to discuss anything further. Thank you.
1.0
Jun 27, 2019
Recommend
CEO approval
Business Outlook

Pros

* Free refrigerated drinks. * Free lunch on Wednesdays. * Dogs are allowed in the office (hi Benno).

Cons

* Low pay which is not related to either experience or performance. * Engineering managers who don't even know how to read the code of those they evaluate. * Performance evaluations driven by political connections while ignoring contributions, there is literally no place to list contributions. * People get entirely skipped in performance evaluations with no explanation. * Product Managers who have never written requirements. * Principal Engineers with less experience than junior engineers. * Out-dated technical stack that doesn't perform, doesn't scale, and has frequent outages. * Rigid, authoritarian, control that retaliates against people who actually solve real problems. If a solution was not dictated by your unqualified manager, you will face retaliation even after you fix problems and make improvements. * Decision making in off-site "inception meetings" that leave engineering out of the process and whose members are hand-picked from the most politically connected. * Extremely top-heavy organization. "Target Operating Model" introduces several layers of managers with poorly defined responsibilities filled by unqualified, but politically loyal, people. It is not uncommon for work that takes an hour to be frozen and blocked for a month while the managers above hold endless meetings about topics they know nothing about. You will not be invited to these discussions about your work. * Despite the massive headcount, most have no idea what to work on, and those who do the actual work that keeps the business alive are badly understaffed.

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N26 Response
6y
Thanks for sharing your overall experience with us. We are sorry that your experience at N26 has more cons than pros. We strongly recommend you reach out to the People Team to have a personal conversation about your issue(s). Employee feedback is of great importance to us and we will ensure that your feedback is communicated to the relevant department.
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Glassdoor has 1,003 N26 reviews submitted anonymously by N26 employees. Read employee reviews and ratings on Glassdoor to decide if N26 is right for you.