Failing fast - founders out of their depth - Anonymous Trade Ledger Employee Review

2.0
May 2, 2022
Recommend
CEO approval
Business outlook

Pros

Innovative lending platform challenging traditional banking platforms. Smart, hardworking, passionate people in the business. Good team initiatives and perks. Flex working.

Cons

Gross mismanagement from CEO and CFO leaving the business in financial trouble resulting in significant redundancies and closing of the Sydney Office. CEO / Founder is not fit for the job - self absorbed and has no respect for his staff or clients. Poor communication and no transparency from exec team to employees.

Explore other reviews about Trade Ledger

4.0
Feb 22, 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The company has a real solution that solves a real pain for our market segment. Like all early stage companies we had to fid Product Market Fit and this always takes "too long", now we just need to execute - super fun time to be part of this team. I also like the social impact this could have as we make it easier for SMBs to get loans, and who doesn't want their local corner bakery to have a line of credit to grow.

Cons

Teams are split between two locations (Sydney & London) which creates culture challenges and a delay in decision making. Seem like leadership is try to address this issue but everyone has to help, not just management. We are also selling to Big Banks which aren't always first movers, so sales cycles take longer than we want, which means have a strong roadmap and delivering on our commitments is required to instill trust with prospects and customers.

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Trade Ledger Response
4y
Thank you for your time to write a review. You have listed some good comments and observations, I hope you recognise the work the leadership team is doing to solve some of these challenges. We appreciate your feedback, it's great you are so passionate and positive about Trade Ledger and contributing to our success. As always, your review has been shared with our leadership team.
4.0
Oct 1, 2025
Recommend
CEO approval
Business outlook

Pros

A product that really works and generates tangible benefits

Cons

Banks don't innovate unless regulation requires it

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