The fintech eyeing an IPO that gives its staff in-office manicures
It's been a long time since a fintech has dared to go public in London. Wise is currently the largest publicly listed fintech firm, with a valuation of $6.22bn and it listed in 2021. Finally, though, a new company looks set to float: the $500m pension-tech startup Smart.
In a very shallow market for fintech fundraising, Smart raised an impressive $95m in mid-May. Admittedly, this was below its target, but it also just acquired financial planning fintech ProManage which itself raised $76m last month.
Looking to capitalise on this momentum, Smart is reportedly planning a UK IPO in the next 18 months. It's also hiring a number of senior engineers in London. Of 12 current job openings, 5 are senior tech positions.
Glassdoor says an engineering manager at Smart earns £108.7 ($134.8k) on average. However, in a Glassdoor review, one junior Ruby developer says pay is "below industry minimums."
The money isn't the only benefit. Smart also offers a number of interesting wellbeing perks such as "manicures, massages and barbers." Another Glassdoor review also notes the existence of a "dedicated room booked out for prayer times during the day."
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