Bakkt reviews

2.7

28% would recommend to a friend

(127 total reviews)

Gavin Michael

24% approve of CEO

23% positive business outlook

Bakkt has an employee rating of 2.7 out of 5 stars, based on 127 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Bakkt employee rating is 27% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

127 reviews
2.0
Dec 22, 2021

A sad future

Recommend
CEO approval
Business Outlook

Pros

Working on new product relating to loyalty programs and crypto.

Cons

Since the CEO has taken the helm, he's insolated himself with an executive team of idiotic new bankers. These people are dinosaurs, lack any vision. Number one priority was to go public, even though our product has terrible engagement. They try to trick investors on how many users are actually doing anything of value across the platform. Hint, not much. Due to this, they don't care about the mobile app at all, and instead try to convince the rest of the company that we're a B2B2C company, and always have been! Now the focus is try and embed Bakkt into partner apps. Every week we have these terrible Thank You all hands meetings. A bad joke where the CEO runs a clown show of a presentation, reporting on metrics that don't matter to try and convince everyone we're on the right track. They delayed a reorganization for months stringing along the employees. When we went public, the leadership team enriched themselves and now we're seeing founding executives leaving. There's been an egress of many of the smarter people, and I can't blame them.

2.0
Dec 13, 2021

They are not headed in the right direction...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A handful of really good people who care about what they do and how they treat one another

Cons

Everything else including fair compensation, zero perks or incentives; most are overworked and underpaid/undervalued.

1.0
Sep 29, 2021

This is not a crypto company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Company is backed by ICE, so there is no way it will go under. As it is going public lots of buzz around the name so good time to exit using the crypto affinity.

Cons

All execs are now bankers focusing on building a top-down banking culture. If you want to work at a company where they don't value your talent but say "thank-you" every Friday but then backstab you for promotions or pay hikes go work at Bakkt. All the original people who built this company are leaving at a rapid pace as it becomes into a bureaucratic nightmare with red tape everywhere from workstations to getting anything done. More importantly this is not a crypto company at all. They are only focused on pleasing whatever the hot take of the day from the CEO is without any decisions based on reality. From NFTs to Loyalty assets, everything under the sun is a priority one-day and forgotten the next.

Viewing 118 - 120 of 127 Reviews

Glassdoor has 130 Bakkt reviews submitted anonymously by Bakkt employees. Read employee reviews and ratings on Glassdoor to decide if Bakkt is right for you.