4.0
Feb 28, 2024
Recommend
CEO approval
Business Outlook
Pros
They had great people who cared about the mission of building great financial products to improve the financial health of the low income population in the US. Many customers were loyal and loved that Mission Lane gave them a chance and helped them increase their credit score. Overall, great people and mission.
Cons
Got impacted by the layoffs last year. There are definitely some politics around what gets worked on but having a good manager that helps you work around it really helps. They said they were doing well cash wise and were profitable, which is why they hadn't needed to raise in a while, but they still conducted layoffs. So either they were lying or they did the layoffs just to please investors.
