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84 new businesses were created every hour across Britain in the first half of 2025 despite continued economic uncertainty, according to the annual Business Hotspots list from iwoca — one of Europe’s largest SME lenders. iwoca’s research, derived from an analysis of Companies House data, finds that over 363,000 businesses were registered in Britain between January and June 2025.
Earlier this month, some iwocans headed over to Imperial College London to support the F&B 24 Hackathon.
It’s been another busy year for us at iwoca. Thanks to all our customers and colleagues for helping us reach new heights, win a major industry grant and build ambitious new products.
Friday the 6th July 2018 we received some news: iwoca has reached profitability in the first half of 2018.
SME lending from the UK’s major banks fell by 8% between 2014 and 2018. But we’re working with more businesses than ever – making more than £1bn available for customers across the nation.
We can now provide finance at the point of invoice, for the buyer and seller, to ensure payments can be paid on time – every time.
