Crucial time, opportunity for impact - Anonymous employee N26 Employee Review

4.0
25 Feb 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The product is great and there is a good market opportunity in the US when we get the product market fit right. This will be an important year for N26 globally. We hired strong directors, especially in product and we have some good C level leaders (People, Product and Banking). If the 3 of them can make sure the directors get the autonomy to have impact, this will be big. If you are a professional who takes ownership and you have drive for change, you should join and help influence the situation explained in “Cons”.

Cons

Unfortunately the CEO is a micro manager who is not able to trust people. A lot of the early stage people are now on C-level. They create a lot of frustration with experience leaders in middle management. Especially for product it is difficult to work with technology and marketing not having experienced leaders. They have never worked in a professional company, including the CEO. Lovely people, working really hard and trying their best but they are not fit for the job.

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N26 Response
6y
There is a huge opportunity for N26! :) The last few months have been quite the whirlwind for the US – launching, tripling our team and hitting 250k users in our first 6 months. We learned a lot last year going through hyper growth and have undertaken a series of initiatives aimed at making N26 an even better place to work. Including hiring at the leadership level and developing internal programs to develop and empower current and next gen leaders for the US and N26, globally. Your comments are valued and will help us continue to improve. If you’re up for it, I’d love to pick your brain further to understand how to enable a happier and more productive way of working.

Explore other reviews about N26

5.0
13 Jun 2023
Recommend
CEO approval
Business outlook

Pros

Great product and design and team is worldclass

Cons

more focus on understanding customer needs

5.0
21 May 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Small team in NYC working on bringing N26 to the US. Flat team structure (no bureaucracy or painful hierarchies). Open lines of communication and instant feedback loops. Everyone is extremely smart and driven towards a common goal, and we also enjoy each other's company both in and out of the office. There's also respect for having a life outside of work and a good sense of balance. Huge opportunity to take on as much work as you can handle and drive your own workstreams and outputs. I've found that my scope of responsibilities is quite large, and since joining, I've broadened my skill-set significantly in areas I wanted to expand upon.

Cons

Coordination with Berlin can be difficult at times given time zones and hypergrowth there. Nonetheless, people always are willing to help out and make themselves available when needed. Small team size as of now means fewer hands to help with all that needs to get done. That said - plenty of opportunity for new joiners to take on key tasks and responsibilities as we continue to grow the team

32
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N26 Response
7y
Thanks for sharing your feedback with us and your experience of working at N26.
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