About iwoca

We believe capital powers growth. That is why we are building a faster, fairer finance for Europe's small businesses.

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Our story

iwoca offers flexible credit to small businesses across Europe, allowing them to take advantage of opportunities previously only available to their larger peers. From placing larger stock orders to bridging cashflow gaps, finance helps power our customer's growth.

We launched iwoca in 2012 and have already grown into one of Europe's leading fintech lenders. More startup than financial institution, we use technology to eliminate the cost and complexity associated with traditional business finance. That means we offer instant decisions and have no upfront fees, no lengthy forms and no long-term commitments.

Most importantly technology has allowed us to build a revolutionary risk model that understands any small business based on its trading data. Take an online retailer for example - analysing customer feedback scores, seasonal trends and profit margins helps us to predict the company's future health. In fact we look at thousands of data points for every applicant to make fair lending decisions, instantly.

Meet the founders

Christoph and James launched iwoca in March 2012. They were looking for a challenge and saw the business finance space as ripe for disruption. Since then iwoca has grown to a team of seventy, based in central London.

Christoph Reiche

Christoph Rieche CEO and co-founder

As CEO and co-founder, Christoph oversees the day-to-day operations, finance and strategy for iwoca, always with an eye on the long-term vision.

After bagging a degree in Management from HEC Lausanne and the London School of Economics, Chris went on to become a VP at Goldman Sachs where he advised corporate and institutional investors on risk management.

James Dear

James Dear CTO and co-founder

As CTO and co-founder, James is responsible for technology and risk. He figures out the clever stuff in the background.

James has a BSc in Theoretical Physics from Imperial College and a PhD in Theoretical Physics and Applied Probability from Kings College London.

Prior to co-founding iwoca, James was a VP at Deutsche Bank where he worked as a quantitative trader in structured credit.

Work for us

We're looking for ambitious self-starters with a passion for small businesses to join our team. In return you get to work with a great team in our Soho office (table football, pool and ping pong included). Interested? Send a CV and covering letter to talent@iwoca.co.uk. We are recruiting for both internships and full-time positions.

Current positions

Sales Executive

Reach out to the 4.9 million UK small businesses and tell them about iwoca. We are looking for outstanding sales people who are great on the phone and know how to reach the decision maker, fast.

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Sales Executive

Join an award-winning fintech startup based in the heart of London.

iwoca is transforming business lending throughout Europe by offering fast and flexible access to credit to the millions of small busines_uk_sales_executive.htmlses neglected by the banks. Customers apply online, submitting their trading data through integrations with high-street banks, payment processors, ecommerce platforms and sector-specific providers. This feeds into a proprietary risk engine along with data-points from dozens of external sources, allowing iwoca to offer businesses up to £100,000 within minutes. With 5,000 transactions since launch in 2012, iwoca is one of the fastest growing credit providers in Europe.

Our operations have grown rapidly since launch in early 2012, and we now need hard-working and focused Sales Executives to join our already dynamic and successful sales team.

As a Sales Executive your duties will include:

  • Making outbound telesales calls to potential new customers - this will include cold calling to generate and follow up leads
  • Developing client relationships with business owners, chasing up documents and data, preventing fraud and bad loans
  • Creating and submitting customer quotations

An ideal Sales Executive will hold the following skills and experiences:

  • Selling is in your DNA and you enjoy the buzz in a competitive telesales environment
  • You need to be comfortable with making a high number of calls
  • You have financial institution (sales/risk), FX broker or call centre work experience
  • You get stuff done, work well under pressure and take responsibility for your decisions

In return you will receive a salary of £18,000 - £22,000 OTE (including bonus) per annum, depending on experience.

Sound interesting? Please send a covering letter and CV to talent@iwoca.co.uk.

Account Manager

Our account managers speak to small business owners all day. They assess new credit applications whilst providing the best possible customer service. You should be a good listener with an eye for numbers.

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Risk Genius

Want to help us develop our ground breaking risk engine? You need strong mathematical and statistical skills, some python experience and a desire to apply your knowledge to real-world problems.

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Risk Genius

Join an award-winning fintech startup based in the heart of London.

iwoca is transforming business lending throughout Europe by offering fast and flexible access to credit to the millions of small businesses neglected by the banks. Customers apply online, submitting their trading data through integrations with high-street banks, payment processors, ecommerce platforms and sector-specific providers. This feeds into a proprietary risk engine along with data-points from dozens of external sources, allowing iwoca to offer businesses up to £100,000 within minutes. With 5,000 transactions since launch in 2012, iwoca is one of the fastest growing credit providers in Europe.

The Risk/Data Analyst role involves analysing large amounts of business data to support decision-making. This includes monitoring business KPIs and elaborate loan book performance reports, monitoring results of digital and direct marketing, customer segmentation, credit decisions and so on.

The environment is highly entrepreneurial and demanding. We search for people who are hands-on and will enjoy the freedom and opportunity for growth.

As a Risk / Data Analyst your duties will include:

  • Working with a broad range of Excel data manipulation functions (e.g. VLOOKUP, MATCH, OFFSET, COUNTIF etc) as well as array functions, pivot tables and so on to provide vital insight and support for a variety of processes and business decisions
  • Arraying functions, pivot tables etc. to provide vital insight and support for a variety of processes and business decisions
  • Developing data measurement and analysis tools and/or techniques independently and as part of an international Risk team
  • Summarising and utilising analysis results working closely with the Country Manager to support a fast and sustainable growth of our loan book and operations
  • Calculating risk of new loan applications to help Account Managers make the best lending decisions

An ideal Risk / Data Analyst will hold the following skills and experiences:

  • You studied a quantitative course (such as mathematics, informatics or physics) or business (economics, finance) and you are absolutely passionate about numbers
  • You have a high level of proficiency in Excel / databases and a good understanding of statistics and statistical techniques
  • You are very logical, quick thinking and analytical - but can communicate and collaborate within a close-knit, dynamic team
  • Big bonus if you have professional experience in financial risk analysis, are interested in finance or marketing (especially digital marketing) and know Salesforce

In return you will receive a salary of £28,000 - £36,000 OTE (including bonus) per annum, depending on experience.

The nature of the growing business means there is genuine potential for career advancement and increased financial benefits.

Sound interesting? Please send a covering letter and CV to talent@iwoca.co.uk.

Onboarding Specialist

Supporting our Account Management team, you will be responsible for the administration and organisation of business documents submitted by our clients.

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Onboarding Specialist

Join an award-winning fintech startup based in the heart of London.

iwoca is transforming business lending throughout Europe by offering fast and flexible access to credit to the millions of small businesses neglected by the banks. Customers apply online, submitting their trading data through integrations with high-street banks, payment processors, ecommerce platforms and sector-specific providers. This feeds into a proprietary risk engine along with data-points from dozens of external sources, allowing iwoca to offer businesses up to £100,000 within minutes. With 5,000 transactions since launch in 2012, iwoca is one of the fastest growing credit providers in Europe.

Supporting our Account Management team, you will be responsible for the administration and organisation of business documents submitted by our clients. You will be in direct contact with our customers and be the first point of contact for loan applicants, too. As you will be working closely with customers you will need to be communicative, good at listening, and confident.

Your role at iwoca will include:

  • Pre-screening potential customers including verifying documents and making decisions based on applicants’ credit and other information
  • Managing and developing client relationships
  • Developing data measurement and analysis tools and/or techniques independently and as part of an international Risk team
  • Establishing best practice for client management
  • Handling inbound calls from potential customers
  • Supporting the Account Management team by performing admin tasks for them
  • Overseeing a portfolio of accounts to make sure all necessary data is in place to make a lending decision

Our dream candidate:

  • You have incredible attention to detail and can spot missing data from a mile away
  • You are a communicative person and a good team player
  • You have some account management experience and a good understanding of business finance and accounting
  • You are a proactive self-starter eager to be part of a young and dynamic team
  • You are the perfect blend between sales, customer support, admin and data analyst

Sound interesting? Please send a covering letter and CV to talent@iwoca.co.uk.

Data/Risk Analyst (Intern)

You will be expected to play an active part in the Tech & Risk team and be given the opportunity to work on an award winning lending platform that has already made a huge positive impact in the world of alternative lending.

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Data/Risk Analyst (Intern)

The role:

When we aren’t playing Ping Pong we get pretty serious about the job, you will be a crucial member of a team which is responsible for developing a bespoke lending platform that has recently been accredited as being far more advanced than any other product on the market!

 

You will be expected to play an active part in the Tech & Risk team and be given the opportunity to work on an award winning lending platform that has already made a huge positive impact in the world of alternative lending. Our bespoke system helps finance millions of SME’s around the world and enables them to achieve their dream of owning their own business so you really will be making a difference.

 

What is in it for you:

Not only do we offer a relaxed and flexible working environment but we also give all our employees the opportunity to work with emerging technologies and put their ideas into production. Unlike other start-ups, your work will not be shelved!

 

We are looking for someone with;

  • A strong numerate background

  • 2:1 or higher in a Physics, Maths, Computer Science or Engineering degree

  • An interest in Machine Learning and Statistics

  • Experience using Python (Pandas, numpy, scipy are a bonus)

  • Experience with Matlab, C, C++ Java  or R

  • Ability to work in a fast paced and dynamic environment

 

If you have an interest in web development that would be a great plus!

Sound interesting? Please send a covering letter and CV to talent@iwoca.co.uk.

JavaScript SPA Developer

You will be a crucial member of the team responsible for developing the most customer friendly loan application process, ever. Our bespoke platform helps finance millions of SME’s around the world and enables them to achieve their dream of owning their own business. So you really will be making a difference!

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JavaScript SPA Developer

The role:

 

You will be a crucial member of the team responsible for developing the most customer friendly loan application process, ever. Our bespoke platform helps finance millions of SME’s around the world and enables them to achieve their dream of owning their own business. So you really will be making a difference!

 

What is in it for you:

Not only do we offer a relaxed and flexible working environment but we pride ourselves on having a really fast development process. At iwoca we also believe it is important to give all our employees the opportunity to work with emerging technologies and put their ideas into production.

 

We are looking for someone with;

  • A passion to learn and a can do attitude

  • 2 years’+ commercial experience (ideally)

  • Ability to write semantic clean code

  • Experience working with JavaScript and frameworks such a Angular.js and Node.js

  • Experience working in JQuery and/or other JavaScript libraries

  • A good understanding of testing from e2e to unit testing

  • Experience in automating tasks, we use Grunt and Gulp

  • Experience with CSS 3 and HTML 5

  • Experience with version control systems, ideally Git

 It isn’t a deal breaker but it would be great if you had some experience with D3.js and server-side scripting, as we use Python/Django!

 

Sound interesting? Please send a covering letter and CV to talent@iwoca.co.uk.

Python Developer

Most of the time you will be contributing to our Django codebase, working on anything from our rest API (DRF) to asynchronous processing (celery) to caching to automated testing patterns (factoryboy). The rest of the time you will be encouraged to propose ideas on how to improve everything.

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Python Developer

The role:

When we aren't playing ping pong we get pretty serious about the job, you will be a crucial member of a team responsible for developing the core Python stack.

Most of the time you will be contributing to our Django codebase, working on anything from our rest API (DRF) to asynchronous processing (Celery) to caching to automated testing patterns (factory_boy). The rest of the time you will be encouraged to propose ideas on how to improve everything.

The team:

  • Currently we have a team of 15, accross front-end, back-end and analytics.
  • Full-stack Python, everyone speaks the same language and learns from each other.
  • Strong focus on automated testing and deployment.
  • Using Django framework with Celery and twisted for asynchronous programming.
  • The developers are expected to play a significant role is specifying the problem and thinking through possible solutions.
  • Tight development cycle. Agile-ish process means features/projects go libe in days / weeks rather than months / years.

What is in it for you:

Not only do we offer a relaxed and flexible working environment but we also give all our employees the opportunity to work with emerging technologies and put their ideas into production. Our lending platform enables us to finance millions of SME's around the world so you really will be making a difference. This truly is an exciting time to join us as we embrace technology at every level and the opportunity for career progression really is endless!

We are looking for someone with: 

  • A passion to learn and a can do attitude.
  • Ideally with 2+ years' commercial experience.
  • Excellent knowledge of Python and Django or any other MVC framework.
  • Experience in automated testing, techniques and strategies.
  • Some understanding or desire to work with web development technologies like AngularJS or NodeJS.
  • Experience with version control systems, ideally Git.
  • A logical and objective approach to challenges.
  • Ability to communicate and empathise wth end-users is a necessity.

 

 

 

Sound interesting? Please send a covering letter and CV to talent@iwoca.co.uk.

Brand assets

Our name

iwoca stands for instant working capital. The correct way to write iwoca is all lowercase, even at the start of a sentence. It should never be written IWOCA, iWoca, Iwoca or even iWoCa.

Our logo

Where possible you should use the two-colour version of our logo against a light background. You may choose whether to use the version with or without a tagline depending on context. Generally you should use the version with a tagline in contexts where people are not familiar with iwoca. We also have a partner logo, which should only be used by official partners, and a single-colour version of our logo which may be used against dark backgrounds.

Download our logo with a tagline
EPS · PNG

Download our partner logo
EPS · PNG

Download our logo without a tagline
EPS · PNG

Download our single colour logo
EPS · PNG

Photos

Chris

Christoph Rieche
CEO and co-founder

James

James Dear
CTO and co-founder

Founders

Christoph and James
iwoca founders

Team

The iwoca team

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