From User to Employee: A Remote-First Company with a User-Centric Passion for Its Product - Principal Software Engineer Monarch Money Employee Review

5.0
11 Oct 2024
Recommend
CEO approval
Business outlook

Pros

Before joining Monarch, I was actually a user of the platform! I signed up after hearing about Mint’s shutdown, and I was immediately impressed by how comprehensive and empowering it felt. Monarch’s (quite public) commitments to improving the product for users made a strong impression on me as a customer and I loved the thought of potentially contributing, which naturally led me to apply when I started my job search. Since joining, I’ve seen first-hand how much the company prioritizes building a great collaborative finances platform. Building software in a competitive market is hard, but I'm thrilled to be surrounded by such a motivated team. We're always looking to add and improve features, always with the user in mind, which I deeply appreciate. Another major plus is the company culture. It’s a remote-first, fully distributed team, which gives me an incredible amount of flexibility (something I was explicitly looking for). Even as a startup, Monarch does a great job of maintaining a reasonable work-life balance. We also have pragmatic practices and policies, like unlimited time off, blameless retros, regular + transparent all-hands, company-wide demos, etc. If you’re passionate about making an impact on people’s financial lives and want the flexibility of a remote-first company with a strong, product-focused culture, Monarch Money is an amazing place to be.

Cons

As a startup with big ambitions, we have a lot of plans and goals that we want to achieve, but we don’t have enough people to execute all of them! Thankfully, Monarch is actively working to grow the team, which is encouraging.

Explore other reviews about Monarch Money

5.0
15 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great culture, amazing mission, killer team.

Cons

Mid management is blurry and expects people to drive without expectations. This can be confusing when coming from a world where your expectations are set and clear instead of ambiguous.

1
5.0
11 Feb 2026
Recommend
CEO approval
Business outlook

Pros

- Innovative culture, very smart people, leadership with a clear vision. I'm constantly impressed at the velocity of the features we ship. - Flexible work arrangement that centers around results and making your meetings; otherwise you use your time as you see fit. - Accountability is built-in. Everyone takes ownership of their work down to the IC level. We're held to a high standard, which is a good thing. - Modern, effective tooling in all areas. Ticketing and docs, AI assistants and collaboration. They'll get you the tools you need to work how you want and be productive. - Pay is not geographical but is very competitive. They aim to recruit top-of-industry folks and as far as I can tell, pay fairly for that talent.? - Benefits are solid. No 401k match and other things not typical of a Series B company, but good healthcare, some nice perks. One company holiday per month (First Friday). They care to keep employees happy, healthy, and rested. - The team is worldwide - North and South America, Europe and the Middle East. I think even some folks in Asia. Somehow the timezones don't cause us major problems. I don't understand how, but we make it work quite well. Clearly it's related to the flexibility each employee has to work as they see best.

Cons

I see very little in my first months. I came from a place that was comparatively chaotic, so this has been a breath of fresh air. A lot of companies that expand quickly find themselves drowning in confusion, tech debt, and wasted effort. Monarch is taking a deliberate approach to expanding quickly as its customer base expands, not just throwing money and people at problems and assuming enough of both will fix things eventually. I've seen the "throw investor money at everything" in action and it...is not great. So I appreciate the deliberateness, which is not the same as "overly cautious". It just means allocating resources where they belong, building features customers are excited about and that deliver real value.

1
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