Iwoca

London, United Kingdom Founded: 2011 • Age: 15 yrs
Online platform for short-term working capital loans is provided.
Annual revenue - Latest available
Total funding $84.3M 16 rounds
Employees - Tracked headcount
Investors 37 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Iwoca

Iwoca is a company based in London (United Kingdom) founded in 2011. Iwoca has raised $84.29 million across 16 funding rounds from investors including Intesa Sanpaolo, Barclays and Citi. Iwoca offers products and services including Business Loan, Flexi-Loan, and Unsecured Business Loan. Iwoca operates in a competitive market with competitors including C2FO, Growth Street, Lenkie, Finteum and Triver, among others.

  • Headquarter London, United Kingdom
  • Stage Minicorn
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Iwoca Ltd
  • Date of Incorporation 05 Oct, 2011
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $84.29 M (USD)

    in 16 rounds

  • Latest Funding Round
    $258.3 M (USD), Debt – Conventional

    Nov 11, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Iwoca

Iwoca offers a comprehensive portfolio of products and services, including Business Loan, Flexi-Loan, and Unsecured Business Loan.

Product name locked
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Primary

Provides funding for business growth and cash flow needs

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Offers adaptable loans with no early repayment fees

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Delivers loans without collateral for various business uses

People of Iwoca

Headcount 200-500
Employee Profiles 111
Board Members and Advisors 1
Employee Profiles
People
William Hayes
Head of Engineering
People
Fabian Platzen
General Manager Iwoca Deutschland
People
Matteo Salvalaggio
Analytics And Reporting Lead
People
Lara Gilman
iwocaPay

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Funding Insights of Iwoca

Iwoca has successfully raised a total of $84.29M across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $258.3 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Iwoca

Iwoca has secured backing from 37 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Intesa Sanpaolo, Barclays and Citi.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Global investment firm focusing on credit and credit-related assets across markets.
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Venture capital fund investing in fintech startups
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Venture capital is invested in European technology sectors.
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Investor details for Iwoca

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Investments & Acquisitions by Iwoca

Investments
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Investment portfolio details for Iwoca

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Financial Statements - Iwoca

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Detailed financials for Iwoca

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Iwoca Comparisons

Iwoca Primary company
Description
Online platform for short-term working capital loans is prov...
Location
London, United Kingdom
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Iwoca

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Competitors of Iwoca

Iwoca operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as C2FO, Growth Street, Lenkie, Finteum and Triver, among others.

Company Name Domain Founded year HQ Location Description
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Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors
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A P2P lending marketplace for working capital loans is operated.
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Working capital loans are provided to platform-based businesses.
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Blockchain-based market for intraday borrowing is facilitated.
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AI-enabled marketplace offering working capital loans for businesses
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Detailed competitors of Iwoca

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Latest news on Iwoca

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Complete news archive for Iwoca

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Frequently Asked Questions about Iwoca

Iwoca was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Iwoca is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Iwoca is a funded company, having raised a total of $84.29M across 16 funding rounds to date.

Provider of an online platform for working capital loans. It provides users with business loans with a short-term tenure. It also serves a wide range of industries including retailers, restaurants, hotels, and service providers. It also offers the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) for businesses affected by the global pandemic. It provides a loan calculator for calculating monthly payments and total interest for the acquired loan.

Iwoca's top competitors include C2FO, DF Capital and Growth Street.

Iwoca offers Business Loan, Flexi-Loan, and Unsecured Business Loan.

Iwoca has 37 investors. Key investors include Intesa Sanpaolo, Barclays, Citi, Shawbrook Bank, and NIBC.

The valuation of Iwoca is $102.6M as of Oct 2016.

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