Bitpanda reviews about "transparency"

51% positive business outlook

Reviews by job title

7 reviews
1.0
Jul 23, 2022
Recommend
CEO approval
Business Outlook

Pros

- extraordinary colleagues (plenty unfortunately got laid-off) - hybrid approach (office and home office) - modern HQ

Cons

- poor management and lack of vertical transparency - poor hypergrowth management - poor communication between departments which makes job much more difficult

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Bitpanda Response
3y
Hi former Panda — We’re happy to hear that you enjoyed working alongside your fellow Pandas in our new Vienna HQ and benefited from our hybrid working policy! At Bitpanda, our DNA reflects the incredible culture we’ve built together with our Pandas. We do our very best to ensure that everyone on our rocketship lives and breathes each of them to make this an open, honest and fully transparent workplace. When it comes to Radical Candor, we always strive to practice what we preach and give everyone here the ability to share their open and honest feedback. This is why we regularly give all our Pandas the opportunity to share what’s working well and where we need to improve in our completely anonymous Employee Voice Survey. Our dedicated People Team is also always on hand to provide confidential help and support whenever needed. Because the sector we operate in is rapidly changing, we have to move at a very fast pace (think building the rocketship while flying it!). And as we operate on the idea of “launch fast and iterate”, it’s never supposed to be perfect. Instead, we aim to learn together from our experiences and keep building — better — together. Thanks for taking the time to reach out and leave your thoughts about your time with us. We’re wishing you all the best in your next adventures!
1.0
Jan 23, 2023

Bad management, worsr comunication

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Learn fast in a fast-growing start-up in which lots of projects need to be done from scratch

Cons

Unexperienced management, no transparency and no communication.

5.0
Nov 1, 2023
Recommend
CEO approval
Business Outlook

Pros

As someone who recently made the move to Barcelona to join the Bitpanda team, I can't help but share my enthusiasm about the exceptional onboarding experience. The support system in place has made my transition incredibly smooth, and the Bitpanda community is not just friendly; it's vibrant and ready to help at every turn. What's even more exciting is the atmosphere of growth that Bitpanda fosters. It's a dynamic environment where individuals have ample opportunities to develop both personally and professionally. This makes it an uplifting place to be for anyone looking to expand their horizons.

Cons

In the spirit of full transparency, it's worth mentioning that the onboarding process does include legal and financial checks, which may take some time and can occasionally be a bit frustrating. However, it's essential to understand that these checks are in place to ensure the highest levels of security and reliability for Bitpanda's investment applications.

1.0
Oct 8, 2025

BDM Position

Recommend
CEO approval
Business Outlook

Pros

Location, modern office, discounts on food

Cons

Very toxic culture, lack of transparency, lay offs without previous notice, closed inner cycle

1.0
Oct 21, 2022

PM

Recommend
CEO approval
Business Outlook

Pros

Unlimited days off Variety of issued to work on Nice colleagues

Cons

Very toxic culture Poor leadership because of lack of transparency Too much pride, ego and bullying attitude on a daily basis

1.0
Oct 31, 2023

Do not recommend

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-possibility of learning new skills -flexible working hours if you have a day shift -nice colleagues

Cons

-some of the operational managers are very toxic, -no possibility of career growth, makes you feel like a number. - lack of transparency, - Opinions are taken personally and management tend to pose as great leaders

2.0
May 18, 2025
Recommend
CEO approval
Business Outlook

Pros

Modern Tech Stack: Engineers and product teams get to work with current tools and frameworks, which is a plus for technical growth. Diverse, Talented Colleagues: Despite the internal challenges, Bitpanda has managed to attract skilled individuals. Peer learning is one of the few bright spots.

Cons

As a an employee at Bitpanda, my experience has been a mix of initial enthusiasm followed by growing frustration. While the company markets itself as an innovative fintech leader, internally it struggles with several deep-rooted issues that directly affect employee well-being and long-term retention. Uncompetitive Salary: The compensation is significantly below market average, especially for the demanding nature of the work and the high expectations placed on employees. Raises and promotions are infrequent and lack transparency. Micromanagement Culture: Trust in employee autonomy is minimal. Managers often interfere with day-to-day tasks, leading to a sense of suffocation and lack of creative freedom. Constantly Changing Rules: Policies, processes, and even team structures change abruptly without proper communication or justification. This lack of consistency creates confusion, stress, and inefficiency. Unrealistic Deadlines: Tight timelines are the norm rather than the exception. The pressure to deliver fast often overrides quality, and there’s little regard for employee burnout. Low Morale and Motivation: Due to the reasons above, team spirit is low. Many employees operate in survival mode rather than feeling inspired or driven to contribute meaningfully.

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Bitpanda Response
11mo
Dear employee, Thank you for your comprehensive and candid feedback regarding your experience as an Android Developer at Bitpanda. We appreciate you taking the time to articulate your observations and advice. We are glad to hear that you value our "Modern Tech Stack" and the opportunity for growth it provides. It's also encouraging to know you appreciate your talented team and the peer learning environment, despite internal challenges. We agree that our business outlook remains strong. However, we are deeply concerned by the significant frustrations you've outlined, particularly regarding our compensation and leadership style. Your feedback about that is taken extremely seriously. The "Advice to Management" you've provided is invaluable and directly addresses critical areas we are committed to improving. We hear your points clearly on Compensation, Leadership & Empowerment, Transparency, Motivation and Work-Life-Balance. We are actively reviewing and implementing strategies to address these core concerns across the organization. Your detailed insights will directly inform our efforts to enhance employee well-being, strengthen our leadership, and ensure Bitpanda is a workplace where everyone feels valued, fairly compensated, and empowered to thrive. Thank you for your time you put into the review, this is how we can learn as an employer! Sincerely, The Talent Acquisition Team
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