Pros
-Company is generous/flexible with job titles. Prior functional or industry experience is not a hard requirement, often even for senior level roles. Enthusiasm and commitment are valued more. -CEO has a ton of experience taking companies IPO as a banker. This should increase the probability of an exit in the future. -Decent brand recognition. One of the largest Fintech out there. -Well funded. Enough money in the bank to survive multiple years without profit. -Cash component of TC is close to tier 1 private companies.
Cons
-Shaky business model, macro headwinds make future growth and profitability prospects weak. Raising rates shrink the student loan refinancing market , personal loan business hasn’t proved resiliency through a recession, traditional banks/brokerages are racing towards zero fees models. -Org structure is messy. Business units, products and risk often overlap as decision owners and create confusion. People distributed across 5 different locations makes execution slower. -Culture still needs a lot of work. A#$holes are tolerated if they are high performers. Finger pointing takes precedence over calm root cause analysis and problem solving when things go south. - Micromanagement is common.Being a woman is hard. -Lack of emphasis on employee development. -High churn across engineering and design org. Understaffed teams lead to ICs getting overworked/burned. -Overall TC is low due to falling stock price.