Toxic Environment - Anonymous employee FinClear Employee Review

Centrally located office. WFH two days per week.

FinClear is burning cash… fast. They had to do an emergency cap raise at a much lower valuation to keep the lights on. Revenue from their core clearing and settlement business is lumpy and dependent on ASX trade volumes. They’ve invested in private market exchange - went to the extreme of paying millions for a tier 2 exhange license and made a PR splash (of course), only to now realise there’s no demand. They arre now desparate to bring in new revene, so are dabbling into other services such as FX.

None. I wouldn't never work here again.

Everything. Avoid at all costs.