Paxful Reviews

3.2

45% would recommend to a friend

(210 total reviews)
avatar

Roshan Dharia

55% approve of CEO

40% positive business outlook

Paxful has an employee rating of 3.2 out of 5 stars, based on 210 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Paxful 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

210 reviews
1.0
1 July 2021
Recommend
CEO approval
Business outlook

Pros

Company has overall good perks and benefits

Cons

- There is not stability, one day you are doing a great job and the next day you are fired you for no reason. - Zero guidance from the executive team. Priorities change everyday, there is not a strategy. - Hard working people are not recognized. Only the ones that praise the "easy-to-manipulate" CEO get promotions, even when they are not qualified or know ANYTHING about the product. - Since the only way to go up is for the CEO to like you, employees are always fighting to get his recognition and don't care about stepping on other's shoes. - It is easier for the founders and some people in the executive team to blame employees, fire them and public humiliate them instead of taking their responsibility and solving the lack of guidance and structural issues. -If your work is perceived as a threat or you challenge one of the CEO's favorite executives, they will use their influence to get you fired. - Key positions like Marketing and Product heads don't know anything about the product, which is an example of how favoritism works in this company. - Lack of data driven decision making. Decision are made based on how the CEO felt when he was high.

1.0
6 Nov 2020
Recommend
CEO approval
Business outlook

Pros

-Medium salary and Medium Benefits

Cons

-Constant fear of loosing your job -Constant bullying by founders. CEO can come 30 minutes late to the meeting and after 5 minutes call you a potato. CO-Founder blindly follows what the CEO is saying and doesn't know what a sprint is. -Constant fights with different offices. I really recommend to do your due diligence. Recommend that you Google both founders on google.

1.0
26 July 2021
Recommend
CEO approval
Business outlook

Pros

Free lunch I guess, In general, the company is very wasteful with money you might get a business class ticket or two out of it - personally, I think this is bad for the environment but they will put hidden pressure on you to fly business so as to not make execs look greedy.

Cons

In my opinion, it's easier to make a list of some of the things I witnessed or found strange our my 3 years.. *CEO regularly coming to the office on drugs / under the influence of drugs. He is currently on probation serving a three-year jail sentence in Estonia for possession of about 100g of assorted hard drugs such as MDMA, cocaine and hashish, this is public data * case number 1-17-6673 (16930000093) Harju Maakohus *Harju county court, Estonia What more do you need to know.. *Rat eat rat culture, I personally witnessed people colluding to get a middle manager fired by those above and below chain of command! I witnessed a co-founder demanding my superior fire a colleague who had no previous issues with performance and eventually that employee sued the company and won in Estonia töökomission case number 4-1/1188/20 (employment commission) *The above alone is probably enough to figure out you are working in a circus act that's best stayed clear of but being a sucker for a good story I stayed in the madhouse a bit longer until eventually, I suspect I might have spoken up a bit too much about some of the concerns I was seeing regarding fraud and the platforms approach to effectively handling it which ultimately amounted to (drum roll please).... Random sexual assault allegations... Naturally enough they said they had to suspend me to "protect the workplace" but yet somehow they never thought that perhaps a person getting serious allegations against them has a chance to defend themselves...NOT ACCORDING TO PAXFUL. but the labour court found they did this illegally (case number 4-1/747/21-21) and were ordered to pay restitution in the sum of over Eur: 30,000 Add to that the founders being arrested for drugs and guns in Miami google "paxful Miami guns cocaine" and you will find all the media. That's only the really nuts stuff I have time to list btw, but if you are good with google, search "technozombie" "ray savant" "tech zombie", this is not the first rodeo for this guy who in my opinion seems to be a career scammer based on what I've been told about his previous business form those working directly with him. It's my personal opinion excessive drug use on his part coupled with sycophantic adoration and compliance from staff that fear if they don't praise him they will be fired is whats lead to such a toxic culture that is destined to spiral either the company into bankruptcy or him into jail (again) just the fact you need to be a total sycophant to management to get past probation is a major tell that something much much darker is lurking under the scenes. they only keep the adoring little sheep who would never bark against the master,) As usual, they will probably try to say "isolated case" "one unhappy unemployed" but I just say, look through the real reviews here and paint me a picture of what you see. there are one or two good people here but 95% including all the C level either got duped into this and are looking for a way out now or they are just happy to take a fat paycheck to be immoral in their decisions, either way, I welcome the good ones reach out to me when the eventual end comes as we can make a Netflix documentary based on the BS that goes on here daily. working title: potatoes club: retiring Rayzm azab Yoseseff "

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Glassdoor has 246 Paxful reviews submitted anonymously by Paxful employees. Read employee reviews and ratings on Glassdoor to decide if Paxful is right for you.