Iwoca provides small business credit finance services. The Company aims to empower entrepreneurs and to help fuel the growth of ecommerce by providing its customers with access to funding for inventory, technology, employees or international expansion. Iwoca offers finance for businesses for various purposes ranging from bridging short-term cashflow gaps to investing in stock opportunities.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2011
Size (employees)
173 (est)
iwoca was founded in 2011 and is headquartered in London, GB

Key People at iwoca

Christoph Rieche

Christoph Rieche

Co-founder/ CEO
Michaël Elalouf

Michaël Elalouf

CFO
James Dear

James Dear

Co-founder/ CTO
Pierce Glennie

Pierce Glennie

CMO
Phoebe Chester

Phoebe Chester

Senior Business Development Executive
Simon Yu Wei

Simon Yu Wei

VP of Strategic Partnerships

iwoca Office Locations

iwoca has an office in London
London, GB (HQ)
39-45 Shaftesbury Ave

iwoca Data and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$31 m

Latest funding size

$19.5 m

Time since last funding

about 2 years

Investors

iwoca's latest funding round in July 2015 was reported to be $19.5 m. In total, iwoca has raised $31 m. iwoca's latest valuation is reported to be £54.6 m.

iwoca Financial Metrics

iwoca's revenue was reported to be £6.2 m in FY, 2015 which is a 128% increase from the previous period.
GBP

Revenue (FY, 2015)

6.2 m

Revenue growth (FY, 2014 - FY, 2015), %

128%

Gross profit (FY, 2015)

4.1 m

Gross profit margin (FY, 2015), %

66%

Net income (FY, 2015)

3 k

Market valuation

54.6 m

Cash (31-Dec-2015)

441 k
  • Source: Company Filings,
GBPFY, 2013FY, 2014FY, 2015

Revenue

1.1 m2.7 m6.2 m

Revenue growth, %

146%128%

Cost of goods sold

437 k926 k2.1 m

Gross profit

672 k1.8 m4.1 m
GBPFY, 2015

Cash

441 k

Current Assets

10.4 m

Total Assets

10.4 m

Current Liabilities

6.8 m
GBPY, 2015

Revenue/Employee

70.7 k

Financial Leverage

196 x
Show all financial metrics
We estimate that iwoca's current employees are approximately 28% female and 72% male.
Show all human capital metrics

Traffic Overview of iwoca

iwoca Online and Social Media Presence

iwoca News and Updates

London fintech iwoca raises £46 million in VC cash and debt to grow across Europe

A London fintech startup that offers small businesses fast, online credit has raised £46 million in debt and equity. iwoca, which employs 120 people in the capital, has raised £21 million of investment from Prime Ventures, as well as existing investors Acton Capital Partners…

Commerzbank ploughs more cash into London fintech startup Iwoca

Commerzbank has ploughed more cash into London fintech startup Iwoca as part of a new multi-million pound round of funding for the lending platform. The German bank's venture capital arm CommerzVentures are among investors in the £21m series C round after participating in last year's £15.7m serie…

UK fintech firm iwoca secures €54 million in debt and equity funding

London-based alternative lending platform iwoca has raised a €24 million Series C round of funding, led by Prime Ventures which invested €14 million, with participation from existing investors Acton Capital Partners, CommerzVentures, Global Founders Capital and Redline Capital. In addition, Iwoca ha…

iwoca Company Life and Culture

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