GoCardless
Account to account payment network
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Company mission
Become the world’s bank payment network.
Employees
1001+
HQ Location
Clerkenwell, London, UK
OTTA INSIGHTS
Many candidates hear
back within 2 weeks
45% female employees
37% employee growth in 12 months
Otta's take on GoCardless
Xav Kearney
CTO of Otta
Subscription models are becoming the standard, yet recurring payments is still a messy space. GoCardless are attempting to build the one-stop shop globally for businesses that want to let customers pay via recurring bank payments.
GoCardless had a strong 2019, securing $75m led by GV to fund international expansion with new offices across EMEA, APAC and North America. They now have offices in France, Australia, Germany and the US and process $30bn in transactions each year for over 70,000 businesses.
Larger payment companies (e.g. Stripe and Square) don't seem to be focused on tackling the subscription economy yet, though they are starting to make some moves into that space, which means GoCardless needs to expand fast to keep them away.
Later in 2019 GoCardless announced a partnership with TransferWise for its currency exchange, allowing them to provide TransferWise’s FX rates to its own customers. This was a big win for GoCardless, as it helped them to better serve global businesses.
Total funding - $529.3m
Last 2 fundraises
Dec 2020
$95m
SERIES F
Feb 2022
$312m
SERIES G
This company has top investors
Company benefits
- £500 budget for learning and development
- Enhanced maternity, paternity and shared parental pay
- 27 days holiday (excl. bank holidays)
- Remote working opportunities
- Health insurance
- 4 additional wellbeing days off per year
- Equity grant for all employees
Company values
- Start With Why: We believe you can only do a job properly when you know why you are doing it. Understanding why we care about the problem motivates us to keep going until we’ve solved it.
- Care Deeply: We care deeply about our impact on the world and those around us.
- Act with Integrity: We do what’s right even when no-one is watching. We don't see doing the right things as a choice — we act with integrity regardless of the cost.
- Be Humble: We act without ego and don’t let excuses get in the way of achieving our goals. We believe life's too short for self-importance.
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Founders
Hiroki Takeuchi
(CEO)Hiroki and Matt met when they were consultants. They started GoCardless during Y Combinator. After a number of years as co-founders, Matt left to start Nested.
Matt Robinson
(Board Member)Started company supplying waiters to events while at school, before joining McKinsey. Founded Nested Estate Agents in 2015 where they currently serve as CEO.
People progressing
Beccy joined GoCardless as a Sales Development Representative in May 2018 and has since had 3 promotions to now become a Senior Manager.
Steph joined GoCardless as an Intern in the Compliance team 4 years ago and she's now the Manager of the team.
Diversity & Inclusion at GoCardless
Lena Tailor (Director of D&I)
- Given the large number of hires we have been making in recent months, we have continuously reviewed both our hiring processes and channels to eliminate bias. We’ve introduced programs that attract diverse talent and we continuously seek to create hiring experiences that are fair, transparent and accessible by all
- We are working on creating a transparent framework for how we grow and develop talent in a scaling organisation. This will include bringing more clarity on internal career opportunities and provide clear expectations on the behaviours we want to see aligned to our values and commitment to building an inclusive organisation
- We have introduced systematic processes to help ensure compensation decisions are data-driven, fair and competitive. We have also invested in Reward capability and expertise to ensure we bring pay equity into every step of the employee journey
- Thanks to these employee-led groups we have been able to further our efforts in voluntary diversity data collection this year, to develop support for parents and carers, offer community mentoring opportunities in partnership with Career Accelerator, help to raise awareness and empathy during significant events of the past year, and importantly, offer more employees a community of people with whom they share experiences and interests
- To strengthen our commitment to D&I we have recently appointed our first Director of Diversity & Inclusion, an experienced culture change leader, which will allow us to have a more strategic and systematic approach to building a diverse and inclusive organisation for the long term and as we scale
- The Director will work with the executive team and ERGs to define clear D&I targets that GoCardless will commit to achieving over the next three years, and to develop a structured roadmap of initiatives aligned with those targets
- This will create greater clarity and accountability across the entire organisation on D&I progress
- We’ve got a long way to go, but here’s how we’re doing as of June 2022 - Female Employees - 46% - Ethnic background - 32% - Identify as LGBTQIA - 10% - Neurodivergent - 9%
GoCardless is hiring for 4 jobs on Otta!
Finance, Legal & Compliance
Sales & Account Management
