Announcements, updates, releases and more.For media enquiries contact:
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.
We're bringing instant funding quotes to small businesses through our partnership with Capitalise. The aim is for small businesses to no longer be forced to compromise on decision making due to speed.
As our new COO, Seema Desai is bringing 18 years of financial and tech experiences into her role at iwoca, helping develop smarter processes for customers and colleagues, encouraging diversity, and enjoying a few mountains on the way.
Our customers often tell us they find it tough to take a holiday, so we launched a survey to find out how often business owners actually manage to get away.
We're venturing to a new city and opening an office in Leeds to better serve our diverse customer base – 79% of which are outside of London.
As we celebrate the end of the year, we're really pleased to connect to Barclays and HSBC through Open Banking. We now offer three Open Banking connections, including Lloyds Bank, so more than 60 percent of our customers can open up to Open Banking.
