Press

Introducing our partnership with Alibaba.com

Since launching iwoca we’ve learnt that financing small businesses is about more than just cash flow – it’s about giving them the buying power they need to take advantage of opportunities and compete on a global stage. That’s why we’re so excited to announce that we’ve partnered with Alibaba.com to develop a new, integrated trade […]

New Broker Platform Released

iwoca is pleased to announce that today we unveiled our brand new broker platform. This newly developed piece of kit allows financial brokers to submit a client’s application within five minutes through a personalised dashboard, where they can also can track all previous approvals. Funds are typically made available to a client within hours of […]

iwoca launches in Spain to meet demand for small business financing

iwoca has started offering credit to the two million small businesses in Spain, further expanding its international reach. iwoca’s proprietary risk engine makes lending decisions based on data taken from business bank accounts, payment processors, ecommerce platforms and sector-specific providers. This allows it to assess the millions of small businesses currently neglected by the banks, and […]

iwoca announces first European expansion into Poland

Small business lender iwoca has announced it will begin to offer credit facilities to companies based in Poland. iwoca’s proprietary risk engine makes lending decisions based on data taken from business bank accounts, payment processors, ecommerce platforms and sector-specific providers. This allows it to assess the millions of small businesses currently neglected by the banks, […]

iwoca and ekmPowershop partner up to fuel e-commerce growth

iwoca, the only UK-based provider specialising in funding for online retailers, has launched a new integration with Europe’s leading shopping cart provider, ekmPowershop. The collaboration with ekmPowershop will grant 12,000 UK merchants quick and easy access to funding, fuelling ecommerce growth further. Iwoca will use real-time sales and transaction data from the ecommerce provider to […]

iwoca raises £5 million investment to fuel UK growth and European expansion

Small business lender, iwoca, buoyant after securing £5million funding from leading investors Global Founders Capital (“GFC”), the new private investment fund founded by the Samwer brothers, and Redline Capital Management S.A., a Luxembourg asset management company acting for Redline Capital Fund (“Redline”), led the equity and debt funding round. All existing investors including Talis Capital, […]

Ecommerce gets Smarta with iwoca

Smarta 100 winner, iwoca, helps online sellers save on business expenses iwoca has teamed up with business network, Smarta, to help small ecommerce businesses to operate more cheaply and efficiently. iwoca will be offering 1,000 free SmartaCards, a discount card providing exclusive offers and savings for entrepreneurs, to SME ecommerce business owners. By using the […]

iwoca Comment: PayPal launches PayPal Working Capital

“PayPal’s foray into small business lending is a clear indicator that ecommerce is booming. With the sector growing rapidly, we welcome another player to the market as it can only serve to empower more entrepreneurs and further fuel UK business growth.  Whilst it is a positive move, PayPal’s initiative is rather one-dimensional compared to other […]

Hug seller turns cuddles into cash with pioneering loan

ebay entrepreneur receives iwoca loan to expand hugs business and triple turnover In today’s economy the UK’s workforce could be forgiven for being a little stressed. Help is on hand though in the shape of stress-relieving hugs delivered by an innovative businesswoman backed by iwoca, a provider of short term finance to online retailers. Entrepreneurial Josephine […]