iwoca  is an online FinTech company that offers credit facilities to small businesses trading in the UK, Poland, Spain, and Germany via an automated lending platform.

iwoca offers a new type of credit facility for small businesses, allowing them to take advantage of opportunities previously only available to their larger peers. From placing larger stock orders to bridging cashflow gaps, we believe that access to finance is crucial to driving business growth.

iwoca was founded in 2011 by Christoph Rieche & James Dear. The company is based in London and has operations in Poland and Germany.


iwoca provides loans of up to £150,000 and uses various machine learning models to automatically assess businesses based on data taken directly from eBay, Amazon, PayPal, Sage Pay, business bank accounts and other online and offline platforms.


iwoca's investors include NIBC Bank N.V., Global Founders Capital, Insight Investment, Shawbrook Bank, Prime Ventures, Capability and Innovation Fund and others. The company raised €100M in a Debt financing on Feb 27, 2020. This brings iwoca's total funding to $474.5M to date.



  • Year founded: 2011
  • Funding Info: $474.5M over 9 Rounds (Latest Funding Type: Debt Financing)
  • Yearly Revenue: $20M-$50M (2019)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: London
  • State: London
  • Country: United Kingdom
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