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.

TypePrivate
HQLondon, GB
Founded2011
Size (employees)224 (est)
Websiteiwoca.co.uk
iwoca was founded in 2011 and is headquartered in London, GB
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Key People/Management at iwoca

Christoph Rieche

Christoph Rieche

CEO and Co-Founder
James Dear

James Dear

CTO and Co-Founder
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iwoca Office Locations

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

Summary Metrics

Founding Date

2011

iwoca total Funding

$31 m

iwoca latest funding size

$19.51 m

Time since last funding

3 years ago

iwoca 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.
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iwoca Revenue

iwoca's revenue was reported to be £6.22 m in FY, 2015 which is a 128.2% increase from the previous period.
GBP

Net income (FY, 2017)

(133.0k)

Market valuation

54.6m

Cash (31-Dec-2017)

755.0k
  • Source: Company Filings
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.1m2.7m6.2m

Revenue growth, %

146%128%

Cost of goods sold

437.0k926.0k

Gross profit

672.0k1.8m
GBPFY, 2014FY, 2015FY, 2016FY, 2017

Cash

50.0k441.0k508.0k755.0k

Current Assets

3.3m10.4m14.0m20.0m

Total Assets

3.3m10.4m14.0m20.0m

Accounts Payable

6.0k
GBPFY, 2015FY, 2016FY, 2017

Net Income

3.0k(302.0k)(133.0k)
GBPY, 2017

Financial Leverage

-52.4 x
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Human Capital Metrics

iwoca's employees are reported to be approximately 28% female and 72% male.
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iwoca Online and Social Media Presence

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iwoca Blogs

3 unusual (yet effective) ways to find new team members for your accountancy firm

Speak to any accountancy firm, large or small, and they will all tell you that they can’t find good team members for love nor money. So we asked Heather Townsend, author and founder of The Accountants Millionaires’ Club, for ideas on how accountancy firms can recruit new team members by tapping into…

A small business guide to surviving Christmas (and keeping your sanity)

For most of us, the summer glides into Christmas alarming quickly; Halloween and bonfire night are minor stepping stones as the festive season approaches. No more so than for small business owners, whose minds are fixed firmly on Christmas even while it’s still warm enough to sunbathe.     This isn’…

iwoca is 7 years old today. Hurray!

It’s iwoca’s birthday! We’ll be blowing out seven candles on our cake today. Our company was founded back in 2011 by Christoph Rieche, our CEO, and James Dear, our CTO, and we’ve been incredibly busy ever since then. So it’s a fantastic birthday present for us to know that, through all the hard work…

4 tried and tested ways to keep your Accountancy practice’s marketing constant (and effective)

When your clients are screaming out for their accounts to be finalised, it’s very tempting to pull back on your marketing. After all – the thinking goes – if you are too busy to get everything done then it’s best to prioritise client work over everything else. However, the Catch 22 is that stopping …

Four frictionless ways to boost productivity

If we say that the UK is in the midst of a silent epidemic, “productivity” might not be the first thought that immediately springs to mind. However, the truth is that 86% of UK small businesses say that they struggle with productivity. The reason we all should care is that flatlining or falling prod…

Technology and small business – a brief guide on what it’s good to know

Technology and small business are the best of friends. As you’ve probably heard, whatever challenge you’re facing ‘there’s an app for that’. This was a marketing campaign by Apple in the early days of the app market, so it’s even truer today than it was then. But you don’t have to be an Apple custom…
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iwoca Company Life and Culture

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