News and media

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News & media

"London FinTech startup iwoca raises $20m series B funding" (City AM)

The four-year-old startup operates in the UK, Germany, Spain and Poland and increased its lending to small businesses by more than 250 per cent year-on-year.

"David Cameron now has a fintech manifesto" (Business Insider)

The Prime Minister is throwing his weight behind a new fintech manifesto [...] and is holding a roundtable in Indonesia to coincide with the manifesto's release. The roundtable features representatives from top British firms like [...] online business loan provider iwoca.

"Transforming Business Lending Through Technology" (Bloomberg)

iwoca Founder and Chief Executive Officer Christoph Rieche discusses providing funding for small businesses in the U.K.

"Providing financing to small businesses" (CNBC)

iwoca is a credit facility for small businesses, which has just partnered with Alibaba […] Christoph Rieche, CEO, discusses further.

"Alibaba partners alternative lenders to open doors to China" (The Financial Times)

The Chinese ecommerce company is partnering iwoca, set up in 2012 by two former investment bankers and backed by venture capital.

"Alibaba to Boost U.K. Trade on its Platform" (Wall Street Journal)

Chinese e-commerce giant Alibaba […] is working with two British lending startups to offer financing to U.K. companies […] iwoca – which stands for instant working capital – expects to lend £100 million to businesses through the Alibaba partnership.

"There’s a great website called, which was specifically set up to help [...] businesses raise funding." (BBC)

iwoca was featured on BBC Radio 4's Money Box Live with Emma Jones (Enterprise Nation) recommending it as a great website offering an alternative to the banks. The discussion starts 01:35 into the programme.

"How iwoca is helping small businesses grow" (YHP)

Early this week, I had the absolute pleasure of speaking with Christoph Rieche, the CEO and co-founder of iwoca, a start-up offering fast-growing ecommerce businesses access to the working capital needed to invest in stock, staff, infrastructure or technology.

"iwoca Raises $8.2M To Expand In The UK And Europe" (TechCrunch)

The startup, which is based in London, says it will use its latest funding to scale up its UK operations and expand into Europe.

"The Quiet Revolution in Banking" (HuffingtonPost)

Coupled with the rise of social networking, technological changes are allowing 'fintech' entrepreneurs to cut out banks entirely. iwoca, for example, analyses all of the data available from marketplaces such as eBay and Amazon, and is able to determine whether an applicant is eligible for a loan or not within five minutes.

"Meet iwoca, winner of Wired Money's Startup Pitch Stage" (Wired)

iwoca [...] won the attention and crucial votes of delegates at Wired's inaugural financial conference after pitching its business "Dragons' Den-style" to attendees, alongside over 20 competing startups.

"iwoca says it has issued hundreds of loans from £100 to £20,000"(The Mail on Sunday)

Is it time for the Government to stand back and let the market open up to more competition and a greater array of alternative sources of finance?

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