Despite the challenges, some fintech companies are still managing to provide employees with a welcoming work environment, a full benefits package and frequent and transparent communication.

This year, 40 companies made American Banker's annual list of the Best Places to Work in Fintech. The honorees range in size from small firms — three winners have fewer than two dozen employees — to companies with hundreds of staff members.

‍

Why it's a great place to work: At Braviant Holdings, the best idea wins regardless of who suggests it. "Monthly companywide meetings reinforce this, openly sharing business results, financial forecasts and celebrating wins or addressing challenges," the fintech said. "This concerted effort has forged stronger, more cohesive teams united by a shared purpose and vision."

Interesting fact: Braviant Holdings offers a sabbatical program where employees who have worked there for five years can take one month off while still being fully paid.

Read the full list here >>