Believe it - Geniune Review about Freo - Senior Vice President Freo (India) Employee Review

1.0
24 June 2023
Recommend
CEO approval
Business outlook

Pros

Really very less pros but it too will not benefit an individual employee if you have any expectation for your own. Pls read Cons completely then you will get to know more about this company Freo

Cons

I am very much experienced in this organization and part of higher management team so all points mentioned below are very much true. - Freo has dedicated team members only to increase the review rating in Glassdoor, Linkedin, Facebook and all other social media. So all the reviews which has mentioned 5 ratings is really updated by Freo team. Believe me, it is very much true - Very worst management. Higher management is incapable to manage. - Its an FinTech organization, but they are financially unstable. They are going on financial loss - Freo is reducing the salary of the employees to bring profit. So employees cannot expect salary increment - Employees will get lay-off without thinking of their career, family and all. Dont even know why HR team is in Freo. They dont even think of employee's wellness and benefit. There are still many but could not type. But believe me, all the above are very much true.

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Freo (India) Response
3y
We appreciate your openness in sharing your concerns and suggestions. Regarding the cons you mentioned, we take them seriously and understand the impact they can have on the overall work environment and employee satisfaction. We want to assure you that we value transparency and strive to create a fair and supportive workplace for all employees. Concerning the allegations of manipulating review ratings on various platforms, we want to clarify that we adhere to ethical practices and do not engage in artificially inflating ratings or reviews. We are sorry to hear that you perceive the management team as incapable and believe there are financial instabilities within the organization. We acknowledge that effective management and financial stability are crucial for employee well-being and overall success. Your feedback highlights areas where we need to improve, and we will evaluate and address these concerns with utmost seriousness. Regarding the advice you provided to the management team, we appreciate your perspective and understand the importance of responsible financial management and fair treatment of employees. Your input will be considered as we continuously seek ways to improve our operations and employee experience. We value your contribution and encourage you to reach out to HR or your supervisor if you have any further concerns or suggestions. Your feedback is instrumental in helping us identify areas where we can enhance the work environment and employee satisfaction

Explore other reviews about Freo (India)

2.0
11 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A few good and hardworking employees across teams who try their best to keep things moving despite the challenges.

Cons

The biggest concern in the company is the lack of experienced leadership and strategic clarity. The founders and senior management often appear disconnected from how the lending and fintech ecosystem actually operates. Several important business decisions seem to be taken without proper industry understanding, which has led to repeated course corrections and operational inefficiencies. Key functions like Finance Operations and Partnerships require strong domain expertise in fintech, lender relationships, reconciliation processes, and partner integrations. Unfortunately, the leadership handling these areas does not appear to have deep functional understanding, which has created confusion in processes and slowed down execution. Another major issue is customer acquisition and origination strategy. For a lending fintech, building a strong and sustainable origination engine is critical, but the company still struggles to get this right. The culture also does not encourage open or constructive feedback. Management decisions are largely top-down, and employee inputs are rarely considered seriously. This has resulted in many capable and experienced employees leaving the organization over time. As a result, the company has lost several strong performers who could have helped drive meaningful improvements. Currently only a small group of good employees remain, but attrition continues to be a concern.

2
4.0
21 June 2026
Recommend
CEO approval
Business outlook

Pros

Will get many things to learn

Cons

Startup culture might be a bit hectic for some

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