UK SME lender Iwoca bags £200m debt funding package from Citi and Waterfall Asset Management
Iwoca plans to double its Flexi-Loan limit to £1 million for medium-sized businesses.
iwoca
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Iwoca lands £270m debt funding package from Citibank and Barclays
The lender says it plans to use the funding to expand its operations in the UK and Germany.
Iwoca lands £200m debt facility from Barclays and Värde Partners
With the new facility, Iwoca plans to meet the “growing demand” among SMEs for working capital.
Open letter calls on UK government to boost SME credit access
The letter has been co-signed by Codat, Atom Bank, Funding Circle, Iwoca, Allica Bank, SPRK Capital and others.
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Open banking – supporting businesses during a critical phase
84% of UK SMEs are frustrated with their current banking experience.
iwoca and Billon land funding via UK’s Future Fund
So far, the fund has invested in around 320 companies.
Iwoca calls on banks and UK government to extend CBILS
The fintech has raised £100m in debt financing to extend its own support.
Six new UK lenders approved for CBILS including fintech iwoca
CBILS grants have accounted for £7.25 billion in crisis cashflow for SMEs.
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Iwoca launches lending platform to help banks and fintechs tap UK SMEs
The platform has already bagged Monese and Xero as a partners.
Small business lender iwoca raises €100m for German loan growth
The company says it is the largest fintech small business lender in Germany.
Small business lender iwoca lands in Leeds to boost fintech hub
The fintech promises at least 100 employees in the northern city by 2023.
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Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Atom Bank, iwoca, Modulr and Currencycloud get £10m BCR grant
Public commitments include new UK job.
Video: fintech news weekly round-up – 15 July 2019
More top fintech news, in video format!
Iwoca launches real-time business loan decisions
The industry-first is an integration with Funding Xchange and Funding Options.
SME lender Iwoca gets £150 million funding
Takes its total funding to £350 million.
SME lender Iwoca gets $7.5m investment from Augmentum
As part of a larger investment round.
Lloyds customers leverages Open Banking for iwoca loans
Integrations with Barclays, HSBC, RBS, Santander and others are imminent, iwoca says.
Intesa Sanpaolo teams with iwoca for SME lending
SME lender iwoca and Italy’s Intesa Sanpaolo are partnering to provide Intesa’s SME clients with credit products. The partnership coincides with an investment in iwoca by Neva Finventures, Intesa Sanpaolo’s fintech venture capital arm. Maurizio Montagnese, chief innovation officer at Intesa Sanpaolo, adds that the “industrial synergies” between the firms “could be significant in the […]
