LendInvest Reviews

4.0

78% would recommend to a friend

(136 total reviews)
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Rod Lockhart

77% approve of CEO

62% positive business outlook

LendInvest has an employee rating of 4.0 out of 5 stars, based on 136 company reviews on Glassdoor which indicates that most employees have a good working experience there. The LendInvest 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

136 reviews
1.0
7 May 2017

Ugh..... a waking nightmare

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Hard to find where to start... well, it's in Fitzrovia and there are enough bars within stumbling distance to drown your sorrows each day

Cons

A cultural desert, pretending to be cool and hip but really an old school mortgage company run by a clique. If you want to earn a decent salary and be treated like a plant pot, then a software engineering position at LendInvest could be the role for you.

3.0
24 Apr 2017
Recommend
CEO approval
Business outlook

Pros

It's a great office, stacked with free snacks and drinks in a good location. There are SOME very inspiring senior managers. Other people have been promoted in to positions beyond their grasp and the company suffers for it. New(ish) COO should be able to make some very positive changes - there's plenty of areas for him to continue what he's started Average pay, not enough to compensate everything else. The benefits package is growing slowly.

Cons

Poorly led, inexperienced middle managers and a layered hierarchy in place despite the denials. Zero work life balance if your life is outside of the office. The bar is great but once in a while I'd like to get out of work in time to see my friends in a real bar. The CEO has told everyone many times to just "get sh1t done", with no mention of quality work being done. This can only result in corners being cut and standards slipping. Those of us who work really hard with good results get overlooked. There is no recognition for hard work. A "Well Done" and a "Thank You" go a long way. The newest idea of appraisals are a good idea but badly executed and there is a lack of support to develop or progress your career. There's too much focus on being cool and trendy, the managers don't take time to actually understand what everyone wants, there are no attempts to understand staff motivations. There is a low morale in many of our teams and we are overstaffed in the wrong areas. Some of the worst computer systems out there (Fin-Tech?!?). LendInvest will succeed as long as we are in the Fin-Tech/Peer-to-Peer bubble but this is not going to last. There is no clear direction or drive as to where the company is going or how. Half the office are over-worked and not appreciated, the other half seem to have lots of time on their hands. If you're a hot girl in her mid-twenties you will be favored because you have the right image for the company. Everyone else works twice as hard without recognition. There needs to be a re-balance of department budgets and resources. CEO & CIO growing increasingly out of touch with their business.

3.0
14 Aug 2019

Going downhill

Recommend
CEO approval
Business outlook

Pros

Lendinvest is a good place to start your career and get some experience. Pay is okay depending on your role, gender and who you know. Good company benefits. Free drink, yearly offsite and lots of company paid socials.

Cons

A lot of nepotism and big egos, if you're best mates with your manager then you will be promoted. The culture has shifted which is mainly due to the actions of senior management. They have to get involved in every aspect of the business and ultimately their decision is final. There is no trust, even when hiring extremely senior staff members they still have to have the final say. High number leavers (particularly senior, exco level). It is a very unprofessional environment. Warning to new hires, you will be trapped by their outrageous non-compete . If you try to leave the company they will threaten to sue, you regardless of your job level. You are essentially trapped at the company unless you plan on moving abroad or changing industry.

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LendInvest Response
6y
Thanks for taking the time to leave a review. I'm sorry to hear that you left LendInvest without a better feeling about the company. As a former employee though, you will hopefully remember that we regularly review our employee engagement and satisfaction through quarterly check-ins, tools like Officevibe and by inviting people to ask the exec team any question they like at monthly company updates. All this goes a long way to helping the company understand how people feel about things like colleague/manager relationships, personal growth, recognition and compensation, and to make adjustments as need be. Feedback from our employees is extremely positive right now - our weekly average engagement is 7.7/10. When it comes to compensation we review a lot of market data to ensure salaries are fair and competitive, across all of our teams. We also consider that the non-compete terms in our employment contracts are fair and comparable to other similarly sized and fast-growing tech businesses in the market. Thank you again for your feedback and we hope this goes some way to help you reflect positively on your three years at LendInvest.
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Glassdoor has 141 LendInvest reviews submitted anonymously by LendInvest employees. Read employee reviews and ratings on Glassdoor to decide if LendInvest is right for you.