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
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Sectors
Financial Services
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$84.29 M (USD)
in 16 rounds
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Latest Funding Round
$258.3 M (USD), Debt – Conventional
Nov 11, 2024
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Investors
Intesa Sanpaolo
& 36 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides funding for business growth and cash flow needs
Offers adaptable loans with no early repayment fees
Delivers loans without collateral for various business uses
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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.
- Total Funding Total Funding
- Total Rounds 16
- Last Round Debt – Conventional — $258.3M
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First Round
First Round
(10 Aug 2012)
- Investors Count 37
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Debt – Conventional - Iwoca | Valuation |
investors |
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| May, 2024 | Amount | Debt – Conventional - Iwoca | Valuation |
investors |
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| Oct, 2023 | Amount | Debt – Conventional - Iwoca | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Global investment firm focusing on credit and credit-related assets across markets.
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Founded Year | Domain | Location | |
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Venture capital fund investing in fintech startups
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Founded Year | Domain | Location | |
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Venture capital is invested in European technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Iwoca
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Iwoca
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iwoca Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cash flow optimization and dynamic discounting solutions for businesses and vendors
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| domain | founded_year | HQ Location |
A P2P lending marketplace for working capital loans is operated.
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| domain | founded_year | HQ Location |
Working capital loans are provided to platform-based businesses.
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| domain | founded_year | HQ Location |
Blockchain-based market for intraday borrowing is facilitated.
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| domain | founded_year | HQ Location |
AI-enabled marketplace offering working capital loans for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Iwoca
Frequently Asked Questions about Iwoca
When was Iwoca founded?
Iwoca was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Iwoca located?
Iwoca is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Iwoca a funded company?
Iwoca is a funded company, having raised a total of $84.29M across 16 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $243.57M, raised on Aug 10, 2012.
What does Iwoca do?
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.
Who are the top competitors of Iwoca?
Iwoca's top competitors include C2FO, DF Capital and Growth Street.
What products or services does Iwoca offer?
Iwoca offers Business Loan, Flexi-Loan, and Unsecured Business Loan.
Who are Iwoca's investors?
Iwoca has 37 investors. Key investors include Intesa Sanpaolo, Barclays, Citi, Shawbrook Bank, and NIBC.
What is Iwoca's valuation?
The valuation of Iwoca is $102.6M as of Oct 2016.