European fintech has a culture problem

Sifted's fintech reporter Damisola Sulaiman makes her first Sifted podcast appearance to discuss her recent reporting on the culture at Danish fintech Pleo.Interviews with seven former employees revealed a company transformed by the leadership overhaul. They described a tougher management culture, internal friction among executives and growing internal concerns that Pleo’s product is losing ground to rivals.Pleo cofounder and CEO Jeppe Rindom told Sifted: "As anyone who has scaled a business knows, this growth inevitably brings with it changes in structure, culture and approach which sometimes require tough decisions," he said. "We will always be a people-focused business, and we are incredibly proud of the talent and commitment of our high-performing team."Dami also talks host Freya Pratty through her reporting on the culture at UK fintech Cleo, and reflects on the broader question of culture at Europe's fintechs.Read our Pleo investigation here: https://sifted.eu/articles/pleo-culture-crisisRead our Cleo investigation here: https://sifted.eu/articles/cleo-fintech-startup-toxic-workplace-allegationsSign up to our free newsletters here: https://sifted.eu/newsletters