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MonedoVerified

4.6
based on 40 Reviews
Video summary

Working at Monedo

Company Summary

Monedo Financial Services Private Limited has gained ground as a New Age Financer! Our core strengths are an an Agile Business Model and Prompt Customer Service . We are proud to be a a versatile busi

Overall Rating

4.6/5
based on 40 reviews
highly rated categories
21% above
industry average
highly rated categories
Highly rated for

Work-life balance, Company culture, Salary

Work Policy
Alternate Saturday off
Alternate Saturday off
62% employees reported
Strict timing
Strict timing
59% employees reported
No travel
No travel
89% employees reported
Day shift
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
2 employees reported
Free meal
Free meal
1 employee reported
Cafeteria
Cafeteria
1 employee reported
View detailed benefits

About Monedo

Founded in2017 (8 yrs old)
India Employee Count11-50
Global Employee Count11-50
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websitemonedo.in
Primary Industry
Other Industries
View in video summary
Monedo Financial Services received the first of its kind Digital License from RBI  in October 2018. The firm since then has gained ground in India providing point of sale loans to salaried and self-employed individuals. Monedo was conceptualized to bolster growth and agility  for both consumers and merchant partners! The firm embarked its journey as a Point-of-Sale lender of the underbanked and  implemented a business model that empowers merchants to sell various brands in the market, thereby offering plethora of choices to the consumer and flexibility to the merchant partner! Consumers have the option to avail affordable financial solutions that Monedo offers to enhance and acquire a better standard of living. We are a passionate team, seamlessly connected with the pillars of our business of transparency and Fair practice. We practice responsible lending with an agile business model, innovative financial solutions and service.
Mission: Banking the underbanked .
Vision: India’s First and Largest Digital Bank .
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Monedo Ratings

based on 40 reviews

Overall Rating

4.6/5
How AmbitionBox ratings work?
5
34
4
3
3
1
2
1
1
1

Category Ratings

4.6

Work-life balance

4.5

Company culture

4.5

Salary

4.5

Skill development

4.5

Promotions

4.4

Work satisfaction

4.3

Job security

Monedo is rated 4.6 out of 5 stars on AmbitionBox, based on 40 company reviews. This rating reflects a generally positive employee experience, indicating 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.
Read more

Monedo Reviews

Top mentions in Monedo Reviews

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Overall Rating
4.6/5
based on 40 reviews
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Highly Rated for
Work-life balance
Skill development
Salary
No highly rated category
Salary
Work-life balance
No highly rated category
Critically Rated for
No critically rated category
Work satisfaction
Job security
Job security
Promotions
Work satisfaction
Primary Work Policy
-
Work from office
90% employees reported
Work from office
44% employees reported
-
Rating by Women Employees
4.4
Good
rated by 7 women
3.6
Good
rated by 15 women
5.0
Excellent
rated by 1 women
2.9
Poor
rated by 8 women
Rating by Men Employees
4.6
Excellent
rated by 31 men
3.8
Good
rated by 75 men
3.8
Good
rated by 102 men
3.3
Average
rated by 82 men
Job security
4.3
Good
3.5
Good
3.3
Average
2.8
Poor
View more

Monedo Salaries

Monedo salaries have received with an average score of 4.5 out of 5 by 40 employees.

Finance Manager

(4 salaries)
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₹4.5 L/yr - ₹9.3 L/yr

Financial Controller

(4 salaries)
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₹18 L/yr - ₹35.2 L/yr

Accounts & Finance Manager

(4 salaries)
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₹6.4 L/yr - ₹15 L/yr

Senior Executive Operations

(4 salaries)
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₹2.1 L/yr - ₹3.2 L/yr

Head Human Resources

(3 salaries)
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₹19 L/yr - ₹23 L/yr

Cheif Financial Officer

(3 salaries)
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₹32 L/yr - ₹98 L/yr

Collections Manager

(3 salaries)
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₹5.6 L/yr - ₹6.5 L/yr

Company Secretary Associate

(3 salaries)
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₹6.5 L/yr - ₹16.5 L/yr

Head Treasury

(3 salaries)
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₹20.7 L/yr - ₹26.5 L/yr

Sales Manager

(2 salaries)
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₹4.2 L/yr - ₹5.4 L/yr
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Monedo FAQs

When was Monedo founded?
Monedo was founded in 2017. The company has been operating for 8 years primarily in the Financial Services sector.
Where is the Monedo headquarters located?
Monedo is headquartered in Mumbai, Maharashtra and has an office in Mumbai.
How many employees does Monedo have in India?
Monedo currently has approximately 40+ employees in India.
Does Monedo have good work-life balance?
Monedo has a work-life balance rating of 4.6 out of 5 based on 40+ employee reviews on AmbitionBox. 93% employees rated Monedo 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Monedo reviews for more details.
Is Monedo good for career growth?
Career growth at Monedo is highly regarded, with promotions and appraisal rating of 4.5. 93% employees rated Monedo 4 or above on promotions / appraisal indicating that a significant portion of employees are satisfied with career growth opportunities. We recommend reading Monedo reviews for more detailed insights.
What are the pros of working in Monedo?
Working at Monedo offers several advantages that make it an appealing place for employees. The company is highly rated for work life balance, company culture and promotions / appraisal, based on 40+ employee reviews on AmbitionBox.
Monedo Overview
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