Pros: Exciting and demanding work where you are expected to be great at what you do. There's a real sense of achievement and purpose within the team. The company as a whole is very directed and focused on building the bank. There's a strong internal culture and community and it's easy to make friends. The remuneration package comes with lots of stock option and everyone in the company gets options. Flexible hours and relaxed in office policy. Hyper growth is super exciting.

Cons: They go hand in hand with the pros - it's a startup that is still on its launchpad - achieving profitability is the big sword of Damocles above and that is a constant driver. Its very busy and sometimes it is difficult to carve out time to ask questions or to get training. You need to be quite self sufficient to work in some teams. Pay is below market rate (you get stock). Hyper growth is painful sometimes.

Pros: Just to flag before I start: Most of the negative reviews seem to be from COps, which is honestly like a different world to the rest of the bank (they even have separate people teams and policies etc) - take from that what you will, and if you're an engineer you don't need to worry about them: - Honestly one of the nicest internal cultures I've ever had, always a cool person to talk to about something interesting, I distinctly remember spending over an hour talking to an engineer out of the blue about some things when we just happened to be in the same part of the building - Problems are pretty cool, nothing really "at planet scale" but at enough scale where it still matters (millions of customers etc) - Lots of freedom, I was never, ever required to work on a specific thing, they trust engineers to use their best judgement - Surprisingly little bureaucracy for a bank, I made some changes to production on the side to improve things I cared about and all I had to do was get the PR approved in GitHub

Cons: - Pay isn't great and is a huge point of contention internally (L3 caps out at about £100k a year), and you should not expect to get even close to Google or Apple packages. The stock is pretty poor, and you can expect to receive less than 100k of stock in your 4 year grant.

Pros: Everyone at Monzo is very friendly and generally a pleasure to work with, and very willing to help others out. Something which is not necessarily the case across all tech companies. There is overall a positive work culture, with software engineers well treated and respected.

Cons: Monzo has a very opinionated platform which is great for service uniformity and being able to dive into other teams code. It does however make the challenge of working on a product team somewhat less interesting and challenging, with many of what I would see the most interesting/challenging problems being owned by platform engineering teams. I personally really miss the 'true' full end to end ownership of services, that I experienced with previous employers. I think Monzo as engineering organisation could do a better job of being more vocally self critical. I think this would be beneficial for Monzo and the engineering organisation itself. While pay is competitive - it doesn't match what is on offer at FAANG companies, though this is partly made up by relatively generous option grants. However, options aren't liquid unlike RSU's.