Summary
79
Insights
This section hypothesizes why Iwoca can be a $10 billion dollar company in 10 years, in 10 lines or less.
Iwoca, based in London, provides credit financing specifically for small and medium-sized enterprises (SMEs). The company distinguishes itself by offering faster and more flexible financial solutions than traditional banks, which often have lengthy application processes and rigid requirements. By focusing on SMEs, Iwoca addresses a critical market gap, especially for businesses with limited growth opportunities or cash flow issues. Supported by notable investors, Iwoca has enhanced growth prospects. However, it faces competition from both traditional banks and alternative financing options. To stay competitive, Iwoca must continue to innovate and adapt its offerings to meet the evolving demands of SMEs.
Total funding Amount
Fundraising History
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May 07 '24 Debt Financing$290M
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Feb 01 '23 Debt Financing$57M
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Aug 01 '20 Unknown$130M
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Feb 27 '20 Debt Financing$130M
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Feb 18 '19 Debt Financing$170M
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Feb 01 '19 Series D$26M
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Apr 30 '18 Debt Financing$64M
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Oct 04 '16 Debt Financing$32M
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Oct 04 '16 Series C$27M
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Jul 30 '15 Series B$20M
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Jan 09 '14 Series A$6.3M
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Jan 03 '13 Seed$2.5M
Investors
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BarclaysDebt Financing
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CitibankDebt Financing
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Insight InvestmentDebt Financing
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Pollen Street CapitalDebt Financing
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NIBC Bank N.V.Debt Financing
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Augmentum FintechSeries D
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Prime VenturesSeries C
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Shawbrook BankDebt Financing
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Redline CapitalSeries A
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CommerzVenturesSeries B
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Acton CapitalSeries B
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Talis CapitalSeed