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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.

HQGreater London, GB
Employee Ratings4.4

Latest Updates

Employees (est.) (Jul 2021)276(-1%)
Revenue (FY, 2015)£6.2 M(+129%)

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 offices in Greater London and London
Greater London, GB (HQ)
247 Tottenham Court Rd
London, GB
10 Queen St Pl
London, GB
90 Long Acre, West End
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iwoca Financials and Metrics

Summary Metrics

Founding Date


iwoca total Funding

$495.8 m

iwoca latest funding size

$130.89 m

Time since last funding

a year ago

iwoca investors

iwoca's latest funding round in August 2020 was reported to be $130.9 m. In total, iwoca has raised $495.8 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.

Net income (FY, 2018)


Market valuation


Cash (31-Dec-2018)

  • Source: Company Filings
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Gross profit

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Net Income

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Human Capital Metrics

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iwoca Online and Social Media Presence

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iwoca News and Updates

Iwoca integration with Xero offers Pay later option for businesses

iwoca, one of Europe’s largest small business lenders, is today announcing a UK-first integration with leading small business platform Xero.

Iwoca aims to lend over £200 million to small businesses before CBILS applications close

iwoca, one of Europe’s largest small business lenders, has laid out its ambitions to lend an additional £100 million to businesses through the Coronavirus Business Interruption Loan Scheme (CBILS) before applications close on 31st January 2021. This will bring its total lending to over £200 million.

Iwoca taps UK's Future Fund scheme

iwoca, one of Europe’s largest small business lenders, has secured funding via the government Future Fund scheme.

Iwoca calls on UK banks to refer SMEs awaiting Covid relief to alternative lenders

UK fintech business lender iwoca is calling for greater collaboration with the nation's largest banks after raising £100 million to support SME's seeking financing through the Coronavirus Business Int

Iwoca announces OpenLending in bid to serve 2 million SMEs by 2023

iwoca, one of Europe’s largest business lenders has today announced OpenLending, the new platform th...

Iwoca to open new office in Leeds

iwoca, one of Europe’s largest business lenders, today announced it will open a new office in Leeds....
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iwoca Blogs

It’s been a year since Xerocon 2017, and this year we’re back for more

We’re thrilled to be returning to Xerocon London 2018 after the success of last year. Xero’s event celebrates the latest, greatest innovation in tech for accountants, all with an eye to making finance easier for small business owners. You could easily have mistaken last year’s fixture for a festival…

What is Open Banking? An interview with iwoca’s expert Anna Karina Nava

Since January 2018, Anna Karina Nava and her team have been working on Open Banking here at iwoca. We caught up with her to understand what exactly Open Banking is, its benefits and what the future will hold. Hi Anna; it’s great to chat. As a quick recap, could you please explain what Open Banking […

How to write a R&D claim

Research and Development Tax Credits (R&D Tax Relief) were introduced almost twenty years ago by Government to encourage innovation in UK companies. For qualifying companies, the relief is in the form of a reduction in Corporation Tax liabilities or sometimes a Payable Tax Credit (cash payment).…

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…
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iwoca Frequently Asked Questions

  • When was iwoca founded?

    iwoca was founded in 2011.

  • Who are iwoca key executives?

    iwoca's key executives are Christoph Rieche and James Dear.

  • How many employees does iwoca have?

    iwoca has 276 employees.

  • Who are iwoca competitors?

    Competitors of iwoca include Zopa, Funding Circle and Ebury.

  • Where is iwoca headquarters?

    iwoca headquarters is located at 247 Tottenham Court Rd, Greater London.

  • Where are iwoca offices?

    iwoca has offices in Greater London and London.

  • How many offices does iwoca have?

    iwoca has 3 offices.