iwoca

At iwoca, we believe finance should feel like a superpower, not a headache.

Founded 2012

United Kingdom 623 employees Debt Financing Total: $1.10B Finance, Financial Services +2

General Information

Company Name iwoca

Founded Year 2012

Location

United Kingdom

Employees 623

Industries Finance, Financial Services, Fintech +1

Funding Stage Debt Financing

Business Model B2B, Embedded Finance, API

Revenue Model Usage Based, Pay As You Go, Transaction Fee

Hiring 18 roles posted in the month to 2 Oct 2026

Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Award Received Oct 02, 2026

iwoca was ranked in the Financial Times inaugural UK's Fastest-Growing Companies 2027.

Actively Hiring Oct 01, 2026

Hiring for 18 positions in the last 30 days.

Event Participation Oct 01, 2026

iwoca held its annual Golf Day event at The Grove, spending quality time with its broker partners.

New Partnership Sep 30, 2026

iwoca announced a financial services partnership with Modul-System, enabling customers to use iwocaPay to finance van racking and conversion services up to £30,000.

Product Launch Sep 28, 2026

iwoca is launching the iwoca Credit Card today, offering flexible credit for day-to-day spending with cashback.

Major Customer Win Sep 18, 2026

iwoca announces CaterCombi Ltd as a new customer, leveraging iwocaPay to provide flexible payment terms for their clients in the catering equipment supply industry.

+1 more signal in last 30 days

Get alerts when iwoca shows new signals

AI Insight

Bounce Watch AI

1 month ago

iwoca is demonstrating robust operational momentum and continued access to capital, having recently secured a new £250M debt facility. This substantial funding complements a reported 60% increase in lending to UK SMEs and strategic partnerships, such as the iwocaPay integration with ECATERING. The company is actively scaling its product offerings and market presence, supported by ongoing hiring and consistent industry recognition.

Signal Types

Funding Traction Partnership Recognition Hiring Product Development

Strategic Labels

Debt Funding Market Expansion Product Diversification

Next Move: Expansion

Impact: 9/10

Ideal For: Fintech Debt Investors — Growth Stage

About iwoca

iwoca provides financial services to small and medium enterprises, entrepreneurs, high-growth businesses, limited companies, and limited liability partnerships. Based in the United Kingdom, it specializes in small business financing and alternative lending services.

Founded in 2012, iwoca offers products such as Flexi-Loans, iwocaPay, business credit cards, top-up loans, and Open Banking integration. iwoca operates on a B2B, Embedded Finance, and API-based model, generating revenue through usage-based, pay-as-you-go, and transaction fees. Its solutions integrate seamlessly with partner systems, facilitating fast credit decision-making and enhancing working capital access for its clients.

Taxonomy: Small Business Financing, Alternative Lending, Credit Risk Management, Working Capital, Business Loans, API Integration, Fast Credit Decisioning, Cash Flow Solutions, Flexible Repayment Options, Business Growth Funding, Credit Solutions, Trade Finance, Financial Technology, SME Support

Services & Products

Flexi-Loans

iwocaPay

Business credit cards

Top-up loans

Open Banking integration

Target Customers

small and medium enterprises (SMEs) entrepreneurs high-growth businesses limited companies limited liability partnerships

Funding Rounds & Investors (18)

View All

Funding Stage	Amount	Investors	Lead Investors	Date
Debt Financing	£200.00M	2	Waterfall Asset Management, Citi	11 Nov 2024
Debt Financing	£270.00M	4	Barclays, Citigroup +2	07 May 2024
Debt Financing	£200.00M	2	Barclays, Värde Partners	16 Oct 2023
Debt Financing	£45.00M	1	Pollen Street Capital	01 Feb 2023
Debt Financing	Undisclosed	-		03 Aug 2020
Debt Financing	€100.00M	1	Insight Investment	27 Feb 2020
Grant	£10.00M	1	Capability and Innovation Fund	14 Aug 2019
Debt Financing	£130.00M	1	NIBC Bank N.V.	18 Feb 2019
Series D	£20.00M	3	Augmentum Fintech, Prime Ventures +1	18 Feb 2019
Debt Financing	£50.00M	3	Pollen Street Capital, Shawbrook Bank +1	30 Apr 2018

View All 18 Funding Rounds

Latest News

View All

July 2026's top 10 European tech deals you need to know about

Tech Aug 10, 2026

iwoca bags £250M debt facility, what H1 2026 tells us about European tech, and Legora acquires 5th s... — Tech

iwoca bags £250M debt facility, what H1 2026 tells us about European tech, and Legora acquires 5th startup this year.

Tech Jul 31, 2026

Resilient and rising: UK tech ecosystem

Tech Nov 23, 2025

The big league: The most funded European fintech companies of 2024 so far

Tech Nov 23, 2025

Wayve bags $1.05B, milk peptides to treat depression, and 10 Irish startups to watch

Tech Nov 23, 2025

Zodia Custody in talks to acquire UAE-based Tungsten Custody Solutions

Fintechfutures.com Apr 30, 2025

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iwoca vs

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iwoca vs

liwwa Jordan

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FAQ About iwoca

At iwoca, we believe finance should feel like a superpower, not a headache.

iwoca was founded in 2012.

iwoca is headquartered in United Kingdom.

iwoca operates in Finance, Financial Services, Fintech and Lending and Investments. Its work centres on Small Business Financing, Alternative Lending, Credit Risk Management and Working Capital. Its customers include small and medium enterprises (SMEs), entrepreneurs and high-growth businesses.

iwoca has a B2B, Embedded Finance and API business model. Its revenue comes from Usage Based, Pay As You Go and Transaction Fee.

iwoca has approximately 623 employees.

iwoca has completed 18 funding rounds, raising a total of $1.10B. The latest funding stage is Debt Financing.

iwoca offers: Flexi-Loans, iwocaPay, Business credit cards, Top-up loans, Open Banking integration.

Top alternatives and competitors to iwoca include Floryn, Finiata, liwwa, New10, Alternative Business Funding UK. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

iwoca and Floryn are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for iwoca, https://bouncewatch.com/company/iwoca, updated 2 October 2026. When citing, please name BounceWatch and link this page.

iwoca

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Services & Products

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Funding Rounds & Investors (18)

Latest News

iwoca Alternatives & Competitors

FAQ About iwoca