Fintechs embrace hybrid work, but empower employees to make choices

Fintechs have shifted their work cultures as a result of the pandemic. Some companies are offering hybrid work models, while others are letting employees decide what format suits them best.

Why should we care?
Hybrid work – or the choice between hybrid and full-time remote work – is becoming a must-have for companies looking to acquire and retain talent in a competitive market. For example, Iwoca – a London-based company that offers credit facilities to small businesses – is letting employees decide based on a happy medium that suits their needs. Some employees, for example, are working two to three days in the office per week, while others will work in the office just five days per quarter. Meanwhile, ‘buy now, pay later’ fintech Klarna – which went remote during the pandemic – transitioned to a hybrid model, with teams working together in the office on a couple of agreed days each week, with the flexibility to choose to work from home or the office on the other days. Banking and investing fintech Stash recently announced a hybrid work strategy, allowing workers to choose where they work, whether that’s full-time in one of the Stash office spaces, full-time remote, or some combination of the two. Stash employees will also have opportunities to visit its New York City and London offices to meet colleagues, and collaborate with team members. “Everyone at Stash has the choice to work wherever they would like. We are also looking to open office hubs around the country that enable people to gather as frequently as they want to share ideas cross-functionally and enjoy being together in person,” CEO Brandon Krieg said in a LinkedIn post.