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iwoca is an award-winning fintech startup, based in London. Find out how we're reinventing business lending.

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About us

iwoca offers a new type of credit facility for small businesses, allowing them to take advantage of opportunities previously only available to their larger peers. From placing larger stock orders to bridging cashflow gaps, we believe that access to finance is crucial to driving business growth.

How we do it

More startup than financial institution, we use technology to eliminate the cost and complexity associated with traditional business finance. That means we can offer instant credit facilities with no upfront fees, no long-term commitments and the flexibility to top up and pay down as required.

At our core is a data-driven risk model which looks at entirely new metrics. Take an eBay business for example - looking at the customer feedback score helps us to predict a company's future health. Analysing tens of thousands of data points like this allows us to make fast, accurate lending decisions.

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 thirty, 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.

In his spare time, Chris loves to cook his famous pasta dish for his family and when the weather is good he takes his dinghy out sailing.

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.

In his free time James cycles his road bike and thinks about maths.

Work for us

We can't revolutionise business finance on our own so are 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? Whether you're a python fanatic or can sell ice to Eskimos, send a CV and covering letter to talent@iwoca.co.uk. We are recruiting for both internships and full-time positions.

Current positions

Digital Marketer

A creative marketeer with a strong analytical background to help us spread the word about iwoca. You will work independently, come up with campaign ideas, execute from start-to-finish and then measure the results.

Learn more

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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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.

Risk Genius

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

Learn more

Docs Magician

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

Learn more

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
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Download our partner logo
EPS · PNG

Download our logo without a tagline
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Download our single colour logo
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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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Risk / Data Analyst

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 £50,000 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.

Please send a cover letter and a C.V. with your application to talent@iwoca.co.uk

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Account Manager

Ready to bring your A-game? Do you enjoy a good hustle? Looking to join an award winning team?

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 £50,000 within minutes. With 5,000 transactions since launch in 2012, iwoca is one of the fastest growing credit providers in Europe.

The busy Account Management and Credit Control team are looking for an energetic and motivated individual to help them exceed the expectations of their customers. We deal with a wide variety of businesses, from “one man bands” to multi-million pound businesses. You will be diligent and adaptable, given every application is different, professional at every step and confident in everything you do.

As an Account Manager your duties will include:

  • Screening and risk-assessing new loan applications, and interviewing the applicants in order to find out more about their business
  • Following up leads and answering prospective client queries with a view to convert
  • Providing the best level of customer-care to existing clients
  • Assisting clients in arrears to get back on track

An ideal Account Manager will hold the following skills and experiences:

  • Relevant professional experience would be ideal but we do provide extensive training
  • You need to have a good understanding of what makes a good business good
  • Confident - you will need to think fast and on your feet
  • Professional on the phone
  • Strong negotiation skills (some sales experience would be a bonus)
  • Focused - we all share the same vision to meet our ambitious targets
  • A good listener - you will need to understand our clients’ needs and circumstances
  • Dogged - never give up, never say die attitude

In return you will receive a salary of £22,000 - £28,000 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.

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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 £50,000 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 us a covering letter and CV to talent@iwoca.co.uk.

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Docs Magician

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 £50,000 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.

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Front End Developer

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 £50,000 within minutes. With 5,000 transactions since launch in 2012, iwoca is one of the fastest growing credit providers in Europe.

We are looking for a bright and ambitious Front End Developer to join our growing tech team based in fabulous offices in the heart of Soho.

As a Front End Developer you will possess the following key skills and qualities:

  • Excellent knowledge of hand-coded HTML5, CSS3 and SASS.
  • Experience with mobile and responsive web design.
  • Experience of JavaScript and jQuery.
  • An eagerness to try new process and technologies.

You should be comfortable taking the lead on your own projects and working in an entrepreneurial environment. An eye for design and/or UX would be a bonus.

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

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PPC Digital Marketer

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 £50,000 within minutes. With 5,000 transactions since launch in 2012, iwoca is one of the fastest growing credit providers in Europe.

We’re looking for someone bright and proactive to join our small in-house marketing team in a PPC/digital marketing capacity.

Your role at iwoca will include:

  • Taking control of all our online marketing channels, driving growth and efficiency
  • Managing AdWords, Facebook Ads, Bing Words, some display/affiliate activity
  • Being proactive about finding new advertising channels
  • 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:

  • Quick-thinking, a fast learner with a strong academic background
  • Interested in digital marketing, and keen to expand their skill set
  • An analytical thinker, confident drawing conclusions from raw data, good with numbers
  • Tech savvy, up-to date with the latest social media and online trends

This position will initially take the form of a three-month internship, but with a view to the right person being given a permanent position once they’ve settled in and received some training.

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

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iwoca Internship

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 £50,000 within minutes. With 5,000 transactions since launch in 2012, iwoca is one of the fastest growing credit providers in Europe.

Your role at iwoca

We are looking for a highly motivated intern to support the team in various areas such as Marketing, Business Development, Human Resources, Finance and Sales.

We are looking for someone with a strong academic and international background. Ideally you will have prior work experience in business-related roles and a love of the start-up environment. However, the right attributes and personality will count at least as much as your skills. You must be able to think on your feet and implement ideas from start to finish independently. A pinch of appetite for the ups and downs of a high-growth environment won’t hurt.

You should be available for at least three months. If you fit in there will be plenty of full- time opportunities to explore.

Sound interesting? Send us your CV and a cover letter telling us why you’re interested and think you’ll be good at this role on talent@iwoca.co.uk.