Tagged: christoph rieche

SME Lender iwoca in the Black, Announces Profitability in 2018

iwoca, a European alternative small business lender, has reached profitability in the first half of 2018 amid a doubling of revenue over three successive years. Since launching in 2012, iwoca has reported lent £500M to 20,000 businesses. To meet soaring demand from its small and micro… Read More

iwoca Pledges to Lend £100 Million to Northern England Small Businesses

iwoca, one of Europe’s largest small business lenders, announced on Tuesday it is pledging to lend £100 million to micro and small businesses in the North of England by 2020. The alternative finance provider revealed the pledge is in response to the withdrawal of credit… Read More

Alternative Lender iwoca to Receive Referrals From NatWest Through Capital Connections Panel

On Tuesday, alternative lender iwoca announced it is set to receive referrals from NatWest as part of the website’s new expanded panel of alternative lenders, Capital Connections. According to the companies, Capital Connections build on NatWest’s existing partnerships and creates even more opportunities for users… Read More

Brief: Fintech Lender iwoca Secures £21M During Series C Funding Round Led By Prime Ventures

On Tuesday, fintech lender iwoca announced it secured £21 million during a Series C equity financing round, which was led by Prime Ventures. This new round notably brings iwoca’s total equity funding to £38 million. iwoca stated it has also raised £25 million secured debt… Read More