Tag: iwoca

iwoca, a prominent FinTech company, has announced a significant new funding round, securing £270m in debt financing from major financial players Citi and Barclays.

New fresh data from iwoca shows that more than half (55%) of SME owners believe they fully comprehend AI well.

Business lender iwoca has teamed up with credit information provider CRIF to help SMEs in the UK get instant decisions on lending applications.

The UK is home to one of the world's most thriving FinTech and RegTech communities, but Brexit has raised concerns about whether the future of the ecosystem is at risk.

Small business lender iwoca has will offer its invoice payments product iwocaPay for free throughout the UK’s second national lockdown to support small businesses impacted by coronavirus.

Habito, Grover and Iwoca investor Augmentum Fintech is planning to raise £28m for future investments by conducting a placing of new ordinary shares.

FinTech deal activity in Q2 hit a five-quarter low as deal pipelines are drying up and investors taking a more cautious approach due to economic uncertainty.

Last week's FinTech funding rounds highlight the fractured neobank scene, show the sector's coronavirus struggles and demonstrate some areas industry stakeholders should be interested in right now.

From helping businesses survive the coronavirus crisis to revolutionising finance, Funding Options is bullish about the impact open banking could have as the FinTech embraces the data-sharing scheme.

Marketplace Lending companies raised $1.4bn in the first three months of 2020, a decline of 35% compared to Q1 last year Total Marketplace Lending funding...