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.

Type
Private
HQ
London, GB
Founded
2011
Size (employees)
195 (est)
iwoca was founded in 2011 and is headquartered in London, GB
Report incorrect company information

Key People/Management at iwoca

Christoph Rieche

Christoph Rieche

CEO and Co-Founder
James Dear

James Dear

CTO and Co-Founder

iwoca Office Locations

iwoca has an office in London
London, GB (HQ)
39-45 Shaftesbury Ave
Show all (1)
Report incorrect company information

iwoca Financials and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$31 m

Latest funding size

$19.51 m

Time since last funding

3 years ago

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 Financials

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

Revenue (FY, 2015)

6.2 m

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

128.2%

Net income (FY, 2015)

3 k

EBITDA (FY, 2015)

4 k

EBIT (FY, 2015)

4 k

Market valuation

54.6 m

Cash (31-Dec-2015)

441 k
GBPFY, 2013FY, 2014FY, 2015

Revenue

1.1 m2.7 m6.2 m

Revenue growth, %

146%128%

Cost of goods sold

437 k926 k

Gross profit

672 k1.8 m
GBPFY, 2014FY, 2015

Cash

50 k441 k

Current Assets

3.3 m10.4 m

Total Assets

3.3 m10.4 m

Current Liabilities

1.2 m6.8 m
GBPFY, 2015

Net Income

3 k
GBPY, 2015

Revenue/Employee

70.7 k

Financial Leverage

196 x
Show all financial metrics
Report incorrect company information