The Work Index by Flexa

Algbra

Algbra is a UK-based financial technology company that focuses on providing ethical and sustainable banking solutions.

https://www.algbra.com/
5.2

/10

Transparency ranking

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Description

Algbra is a financial technology company based in the United Kingdom that aims to eradicate social and financial exclusion globally. They differentiate themselves from traditional banks by focusing on ethical and sustainable financial services, with a strong emphasis on community engagement. Algbra's proprietary technology and mobile app offer features like carbon footprint tracking and offsetting, interest-free products, and transparent pricing.

Algbra emphasizes a "people and planet first" approach, evident in their commitment to not investing in unethical industries and their B Corp certification. They have garnered recognition for their work in promoting ethical finance, including winning the Best ESG Initiative in Payments at the Pay360 Awards. Algbra strives to empower individuals to make a positive impact through their financial choices, positioning itself as a movement rather than just a bank.

Flexibility

Algbra is a company that values its employees' well-being and offers a flexible work environment. The company provides a casual dress code and allows employees to allocate two weeks a year to a pro bono project of their choosing. While specific details about remote work arrangements are not mentioned, these perks suggest a company that is open to employee needs and prioritizes work-life balance.

Benefits

Algbra offers a comprehensive benefits package that reflects their inclusive values and is extended to all team members, regardless of location or seniority. These include free health trackers, a casual dress code, team events, pro bono work opportunities, pension and retirement contributions, and full private health insurance.

Mission

Algbra is a financial technology company that is on a mission to eradicate social and financial exclusion globally. They aim to achieve this through their proprietary, values-driven technology and community-first approach, which prioritizes people and the planet. They offer ethical and sustainable financial services, striving to create a more empowered, equitable, and sustainable society through the influence of finance and technology.

Data-driven
Disruptor
Environmental impact driven
Improving quality of life/health
Social impact led
Sustainability
Tech for good

Culture

Algbra promotes a culture that prioritizes both people and the planet. They emphasize transparency, accessibility, and ethical finance practices, striving to create a more sustainable society. The company fosters a sense of community, actively engaging with its stakeholders and investing in social impact initiatives. Algbra encourages its employees to express themselves, offering benefits like flexible work arrangements and a casual dress code to foster a welcoming and inclusive environment.

People-first
Progressive

DE&I

Algbra champions diversity, equity, and inclusion by prioritizing community needs and values in its product development and service delivery. They strive to create a workplace that reflects the diverse communities they serve, offering inclusive benefits and actively promoting social impact initiatives. Their commitment to these principles is evident in their mission to eradicate social and financial exclusion globally, fostering a culture of fairness and transparency in the financial sector.

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