Lendsqr Reviews

4.3

85% would recommend to a friend

(102 total reviews)

Adedeji Olowe

97% approve of CEO

91% positive business outlook

Lendsqr has an employee rating of 4.3 out of 5 stars, based on 102 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Lendsqr employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

102 reviews
1.0
19 June 2024

You would rather work elsewhere

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

You will get in with minimal experience Its fully remote

Cons

Vey high Employee turnover. Visit the CEO's blogpost on why employees have left. Keep in mind that he is telling it as the victim. [10 reasons why I’ve fired my staff is the title]. This also means you should keep on job hunting after getting an offer. They have a fine system as a disciplinary measure. Make of that what you will. The environment is toxic in many ways. Preemptively start learning anxiety management techniques.

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Lendsqr Response
2y
We are sorry to hear that your experience with Lendsqr was not positive. Lendsqr is indeed an intense and highly intellectual environment, designed for those who thrive on solving complex problems. To clarify, the blog post "10 reasons why I’ve fired my staff" aims to highlight common challenges faced by companies globally, not to portray the CEO as a victim. The CEO has been writing on various topics for decades, sharing insights and experiences. Regarding our disciplinary framework, while fines are part of it, we place significant emphasis on rewarding exceptional performance. Employees often receive substantial bonuses based on votes from their peers. The CEO and management take feedback seriously and are committed to maintaining our culture. Not every suggestion makes the cut, as we believe in preserving a consistent culture that aligns with our core values. As of today, 88% of all Glassdoor reviewers would recommend Lendsqr to their families and friends, with an approval rating of 4.2. We encourage you to reflect on what went wrong and how it could be resolved for a more wholesome professional life. We wish you success in your career and hope you find a company that aligns with your aspirations.
4.0
3 Jan 2023
Recommend
CEO approval
Business outlook

Pros

- Remote first workplace - The company has a strong culture of accountability, which means that employees are held to high standards and are expected to deliver results. This can be motivating for those who enjoy being held to a high level of performance. - Good support from managers to develop new ideas - Room to grow professionally - There are clear policies and procedures that help streamline processes and minimize mistakes.

Cons

- The company's focus on accountability may put pressure on employees to meet high-performance standards, which could lead to feelings of stress and burnout. I think that all the cons for me.

3.0
6 Aug 2024
Recommend
CEO approval
Business outlook

Pros

You will learn a lot of technical stuff on the job Good employee-to-employee relationship

Cons

High staff turnover No work-life balance Environment can be considered unhealthy due to some management decisions

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Lendsqr Response
1y
Thank you for your feedback. At Lendsqr, our mission is challenging and demands the best from our team. We are transparent about our high expectations from the beginning, ensuring candidates are fully aware of the commitment required. We seek the top 1% of talent, those who are passionate about solving significant problems for Africans. We appreciate your recognition of the technical learning opportunities and positive employee relationships. However, your concerns about staff turnover, work-life balance, and management decisions are noted, and we are working to improve these areas. Integrity is crucial at Lendsqr. We assume everyone understands and embraces the challenges they signed up for. It's disappointing when this commitment is questioned after joining. Thank you for your contribution and best wishes for your future endeavors.
Viewing 1 - 3 of 102 Reviews

Glassdoor has 171 Lendsqr reviews submitted anonymously by Lendsqr employees. Read employee reviews and ratings on Glassdoor to decide if Lendsqr is right for you.