iwoca is the only provider of short-term finance to online retailers based in the UK. iwoca 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. By looking directly at their sales data and customer feedback scores, iwoca can make a fair assessment of an online business.

Since launch in March 2012 iwoca has lent millions of pounds to thousands of ecommerce businesses.

London, GB
112 (est)+3%
iwoca was founded in 2011 and is headquartered in London, GB

Key People at iwoca

Christoph Rieche

Christoph Rieche

Co-founder/ CEO
James Dear

James Dear

Co-founder/ CTO
Michaël Elalouf

Michaël Elalouf

Simon Yu Wei

Simon Yu Wei

VP of Strategic Partnerships
Pierce Glennie

Pierce Glennie

Phoebe Chester

Phoebe Chester

Senior Business Development Executive

iwoca Locations

London, GB

iwoca Metrics

iwoca Summary

Founding Date


Market valuation

£54.6 M

Total Funding

$31 M

Latest funding size

$19.5 M

Time since last funding

over 1 year


iwoca's latest funding round of $19.5 M was in July 2015. In total, iwoca has raised $31 M. iwoca's latest valuation is £54.6 M.

iwoca Financials

iwoca's revenue was £6.22 M in FY, 2015 which is 128.15% increase from the previous period.
FY, 2013FY, 2014FY, 2015


£1.11 M£2.73 M£6.22 M

Revenue growth, %


Cost of sales

£437 K£926 K£2.14 M

Gross profit

£672 K£1.8 M£4.09 M

Gross profit Margin, %


Operating expense total

£1.85 M£3.37 M£8.19 M
28% of current employees of iwoca are female and 72% are male.

iwoca Online Presence

iwoca News

iwoca Company Life

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