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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.
Full data set for the iwoca SME Expert Index Q4 2022.
We've launched our integration with Quickbooks, giving hundreds of thousands of businesses the option to offer B2B buy now, pay later. This will enable them to get paid faster, control their cash flow and make more money.
We reached net profitability in Q4 2022 and experienced over a 50% increase in the number of small and medium-sized businesses we funded across the UK and Germany. We've increased our funding line with Pollen Street Capital from £125m to £170m.
We're today announcing our integration of our B2B payment solution iwocaPay with leading ecommerce software WooCommerce.
We've partnered with Berg Money, the UK payments provider, to roll out our Flexi-loan product.