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Engaged Employer
Freo
2.9
based on 13 Reviews
Company Overview
Company Locations
Working at Freo
Company Summary
Freo is a credit-led Neobank for consumers to have access to financial products.
Overall Rating
2.9/5
based on 13 reviews
22% below
industry average
Critically rated for
Job security, Company culture, Skill development
Work Policy
Monday to Friday
89% employees reported
Flexible timing
56% employees reported
No travel
83% employees reported
Day shift
100% employees reported
View detailed work policy
About Freo
Founded in2015 (10 yrs old)
India Employee Count201-500
Global Employee Count201-500
India HeadquartersBengaluru/Bangalore, Karnataka, India
Office Locations
Websitefreo.money
Primary Industry
Other Industries
Freo is a first of its kind full-stack Neobank in India that is designed to serve the banking needs of millennials in India. Through this credit-led Neobank, consumers have access to financial products such as a credit line, credit cards, EMI cards, deposits & savings, pay later, and other financial utilities, in order to help them borrow flexibly, save easily, and spend smartly.
Freo’s parent company started its operations in India with the launch of MoneyTap in late 2016. Its goal was to make credit flexible, convenient, and affordable, all through an intuitive, category-creating product. Since its launch, MoneyTap, in partnership with established banks and NBFCs, has scaled to become one of India's largest and most successful consumer Fintech companies. Through MoneyTap, Freo has attracted over 15M users to its ecosystem and along with issuing 180,000 credit cards (in partnership with RBL Bank).
Freo Ratings
based on 13 reviews
Overall Rating
2.9/5
How AmbitionBox ratings work?
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2
3
5
2
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Category Ratings
3.4
Salary
3.2
Promotions
3.0
Work satisfaction
2.9
Work-life balance
2.8
Skill development
2.5
Company culture
2.4
Job security
Freo is rated 2.9 out of 5 stars on AmbitionBox, based on 13 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Freo Reviews
Compare Freo with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.9/5 based on 13 reviews | 4.3/5 based on 229 reviews | 3.8/5 based on 278 reviews | 3.9/5 based on 500 reviews |
Highly Rated for | No highly rated category | Company culture Work-life balance Job security | Company culture | Salary |
Critically Rated for | Job security Company culture Skill development | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | - | Hybrid 66% employees reported | Work from office 86% employees reported | Work from office 60% employees reported |
Rating by Women Employees | 3.4 Average rated by 3 women | 4.3 Good rated by 58 women | 3.6 Good rated by 76 women | 4.4 Good rated by 72 women |
Rating by Men Employees | 2.7 Poor rated by 8 men | 4.2 Good rated by 164 men | 3.8 Good rated by 191 men | 3.8 Good rated by 378 men |
Job security | 2.4 Poor | 4.1 Good | 3.5 Good | 3.4 Average |
View more
Freo Salaries
Freo salaries have received with an average score of 3.4 out of 5 by 13 employees.
Software Engineer
(11 salaries)
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₹15 L/yr - ₹27 L/yr
Product Manager
(8 salaries)
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₹18 L/yr - ₹33 L/yr
Operations Associate
(7 salaries)
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₹4.2 L/yr - ₹7 L/yr
Associate Product Manager
(5 salaries)
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₹15 L/yr - ₹17 L/yr
Software Developer
(5 salaries)
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₹13 L/yr - ₹26.2 L/yr
Data Scientist
(4 salaries)
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₹13 L/yr - ₹30 L/yr
Senior Software Engineer
(4 salaries)
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₹22 L/yr - ₹26 L/yr
Business Analyst
(4 salaries)
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₹11 L/yr - ₹18 L/yr
Customer Success Associate
(4 salaries)
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₹4 L/yr - ₹5.5 L/yr
QA Engineer
(3 salaries)
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₹9 L/yr - ₹15 L/yr
Freo Jobs
Popular Designations Freo Hires for
Freo Offices
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Freo FAQs
When was Freo founded?
Freo was founded in 2015. The company has been operating for 10 years primarily in the FinTech sector.
Where is the Freo headquarters located?
Freo is headquartered in Bengaluru/Bangalore, Karnataka and has an office in Bangalore / Bengaluru
How many employees does Freo have in India?
Freo currently has approximately 200+ employees in India.
Does Freo have good work-life balance?
Freo has a work-life balance rating of 2.9 out of 5 based on 10+ employee reviews on AmbitionBox. 69% employees rated Freo 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Freo reviews for more details
Is Freo good for career growth?
Career growth at Freo is rated as moderate, with a promotions and appraisal rating of 3.2. 69% employees rated Freo 3 or below, while 31% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Freo reviews for more detailed insights.
What are the cons of working in Freo?
Working at Freo does have some drawbacks that potential employees should consider. The company is poorly rated for job security, company culture and skill development, based on 10+ employee reviews on AmbitionBox.
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