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Engaged Employer
Freo
2.5
based on 16 Reviews
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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
2.5/5
based on 16 reviews
32% below
industry average
Critically rated for
Job security, Company culture, Work satisfaction
Work Policy
Monday to Friday
80% employees reported
Flexible timing
50% employees reported
No travel
86% 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
View in video summary
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).
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Freo Ratings
based on 16 reviews
Overall Rating
2.5/5
How AmbitionBox ratings work?
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Category Ratings
2.9
Salary
2.6
Promotions
2.5
Work-life balance
2.5
Skill development
2.5
Work satisfaction
2.2
Company culture
2.1
Job security
Freo is rated 2.5 out of 5 stars on AmbitionBox, based on 16 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 | 2.5/5 based on 16 reviews | 4.1/5 based on 259 reviews | 3.7/5 based on 308 reviews | 3.9/5 based on 534 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 Job security | No critically rated category |
Primary Work Policy | - | Hybrid 57% employees reported | Work from office 79% employees reported | Work from office 50% employees reported |
Rating by Women Employees | 2.7 Poor rated by 4 women | 4.2 Good rated by 68 women | 3.5 Good rated by 83 women | 4.2 Good rated by 81 women |
Rating by Men Employees | 2.4 Poor rated by 10 men | 4.1 Good rated by 184 men | 3.8 Good rated by 213 men | 3.7 Good rated by 403 men |
Job security | 2.1 Poor | 4.0 Good | 3.3 Average | 3.4 Average |
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Freo Salaries
Freo salaries have received with an average score of 2.9 out of 5 by 16 employees.
Software Engineer
(11 salaries)
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₹15 L/yr - ₹23 L/yr
Product Manager
(8 salaries)
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₹20 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 - ₹22.7 L/yr
Customer Success Associate
(5 salaries)
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₹4 L/yr - ₹5.5 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
Senior Associate
(4 salaries)
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₹7.5 L/yr - ₹14.3 L/yr
Business Analyst
(4 salaries)
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₹11.7 L/yr - ₹18 L/yr
Freo Interview Questions
A SDE (Software Development Engineer) was asked Q. Describe how you would design a chess game, including the backend API ...read more
A SDE (Software Development Engineer) was asked Q. Given a string, determine if it is a palindrome. You are allowed to re...read more
A SDE (Software Development Engineer) was asked Q. Given an array of strings strs, group the anagrams together. You can r...read more
A Product Manager was asked 9mo agoQ. How can you make my product better?
Freo Jobs
Popular Designations Freo Hires for
Product Manager
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Software Python Engineer
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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 2.5 out of 5 based on 10+ employee reviews on AmbitionBox. 75% 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 poor, with a promotions and appraisal rating of 2.6. 75% employees rated Freo 3 or below on promotions / appraisal. This rating reflects a negative sentiment among employees for career growth. 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 work satisfaction, based on 10+ employee reviews on AmbitionBox.
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