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      Moneyfarm

      Engaged employer

      Moneyfarm reviews

      Potential but Leadership and Management Issues Hold It Back - Anonymous employee Moneyfarm Employee Review

      2.0
      29 Oct 2024
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Moneyfarm has a few positives that make it an interesting place to work. The work environment is flexible, with options for working from home and a relaxed approach to hours. There’s also a sense of learning and exposure to the finance industry, which can be beneficial for those wanting to build relevant experience. Some employees are genuinely passionate, and there are pockets of great talent within the team, particularly in investment. Additionally, the company provides some perks, like fresh fruit, coffee, and a generally low-stress atmosphere outside of certain deadlines.

      Cons

      Despite these positives, the company is hampered by longstanding management issues and a heavy Italian cultural bias that can leave non-Italian staff feeling isolated. Leadership, particularly the CEO, tends to micromanage, which impacts decision-making and limits team autonomy. Communication between teams is poor, resulting in confusion and siloed working environments. Career growth is difficult to achieve, with promotions often feeling arbitrary or tied to loyalty rather than skill. Additionally, there’s a lack of transparency in internal processes and hiring practices, which contributes to high turnover and low morale. Technical debt and a lack of innovation in tech stack management further hinder productivity and collaboration across teams.

      avatar
      Moneyfarm Response
      1y
      Thank you for your feedback, and for recognizing the positives at Moneyfarm, including our flexible work environment and the opportunities we provide for learning within the finance industry. We’re committed to ongoing improvements in management practices and fostering an inclusive culture for all team members, regardless of background. Your insights regarding career growth, team autonomy, and communication between departments are valuable, and we’re actively working to address these areas. Investing in transparent and structured career development, enhancing cross-team communication, and modernizing our tech infrastructure are all part of our continuous efforts to improve. Thank you again for sharing your experience, and we wish you the best in your career journey.

      Explore other reviews about Moneyfarm

      1.0
      12 Jan 2026
      Other
      Recommend
      CEO approval
      Business outlook

      Pros

      There are some good teams and you are exposed to lots of different stuff. Flexible time is great and people are generally nice.

      Cons

      Senior management is poor and most of them are waiting to cash out on their options. The CEO doesn’t really listen and most senior people don’t challenge him. Salaries and bonuses are extremely low and calibrated on the Italian market.

      avatar
      Moneyfarm Response
      4w
      Thank you for sharing this feedback, and for the time you gave to Moneyfarm. It's good to hear that the flexibility, the breadth of work, and the people you worked with were bright spots in your experience. Those are things we care about deeply and will continue to invest in. Regarding senior leadership, we hear this feedback and we take it seriously. Growing the right leadership team in a scaling business is a genuine challenge, and we don't always get everything right. We would respectfully offer a different perspective on the motivations of our senior people — those leading this business are deeply committed to building something meaningful and enduring. That means staying close to the product, the decisions, and the people driving them forward, and we see that as a strength. Re compensation: we are committed to paying fairly and competitively for the markets we operate in. We recognise that salary and bonus expectations are deeply personal, and we'd always encourage open conversations with your manager or the People team where there's a gap between expectation and reality. Your advice to invest boldly in strong performers resonates. Recognising and rewarding the people who make this business what it is remains a priority, and it's something we're continuing to develop through our performance and progression ladders. We thank you again for your honesty and wish you all the best going forward.
      1.0
      21 Jan 2025
      Back-end
      Recommend
      CEO approval
      Business outlook

      Pros

      - very easy job interview - small company, everyone is young - young people, good first work experience - the product is cool - skilled PM, good agile work - ceo is trying

      Cons

      - forced return to the office but no space in the office - a lot of layoffs, but worst performers are never touched - zero benefits, no salary raises for many years, a lot of necessary costs cut because company has no money. Even if they become profitable the company is destroyed - performance review process is fake and broken. Old people get promoted even if they don't work or hate the company. Good performance is useless - bad management = no hope for the future. All managers just are yesman - 99% of the time you don't do nothing, and sometimes you have to work all the day because deadlines are invented the week before and nobody says nothing - architecture is in the hands of inexperienced people. Code is really bad, not a lot to learn, a lot of useless meetings to make them understand basic stuff - everyone good I know is doing interviews to leave

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