Nice people but problematic management of the workforce & products - Anonymous employee Lendable (UK) Employee Review

3.0
24 Oct 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Nice people, friendly atmosphere A good work/ life balance in comparison to other fintech for some departments- WFH is supported Tasty lunches tue/thur A lot of social events, including away days

Cons

Lendable encourages new employees to write reviews on glassdoor when they have just started and everything is rosy- therefore please be aware of potentially misleading reviews here. (Hence why you will see a lot of "haven't found any yet" in the cons section) Internal communication is a real issue and causes a lot of frustration. Many managers and department leads are not experienced in dealing with progression and people management. This can be disheartening. In order to progress, you will need to participate in socials and make friends with the relevant people- unfortunately, hard work does not often translate into progression or salary increases. Be prepared for Lendable to be where you work, and socialise if you want to progress. Resources are often taken away from the existing products that need improvements and put towards new products to satisfy stakeholders, rather than create better products/ more automation.

Explore other reviews about Lendable (UK)

5.0
12 Nov 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Really positive experience working here, the engineering and product people in the Loans UK team are the best professionals that I've worked with in my career.

Cons

Struggles a bit with scaling their capabilities, but overall they are addressing it from different angles already

5.0
19 Feb 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A lot of whining and complaining in the reviews below. I spent 5 formative years at Lendable and view it very differently. This is a workplace that, quite simply, rewards those who do good work with incredible opportunities to learn, earn, and get ahead. It's completely false to talk about 'make friends with management to get ahead' - this doesn't even make sense. Everyone here is incentivised to contribute to the company's value, and everyone knows the business has a decent shot at making it to the big leagues and changing the consumer finance industry for good, and that obviously won't happen if people get promoted on favouritism rather than performance. Hence, if you contribute to the mission, if you manage to make a difference with your effort or your ideas, if you go the extra mile to help out that customer even if it means staying late, but you figure out a process improvement as a result, you will get ahead. If you're a moaner who expects things to be handed to you, if you want a conventional 'check in at 9am, check out at 5pm' workplace, go to a big bank as you won't be happy here. But if you accept a degree of flux, of things in the air, of fighting to innovate in a space dominated by massive incumbent banks that deliver awful service to their customers, if you approach this with a degree of relish at the intellectual challenge it presents, if you are willing to put two feet forward and give it your all to add value, and learn an incredible amount from some of the smartest people in the business in the process – you've come to the right place, and you won't regret your time here.

Cons

- A lot is expected of employees; you need to work hard to get ahead - Things can change (resource allocation, teams etc.) in response to shifting circumstances, so there is an element of unpredictability - Not a conventionally structured workplace, they try to do things differently, not a good fit for those who demand highly stilted corporate environments, you need to be adaptable - I've seen nicer offices

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