This company says it has funded more than 26,000 small businesses across Europe since it started trading in 2012. Its technology uses data such as cash-flow forecasts to assess a business’s risk profile and make credit decisions quickly and accurately. It has raised £350m in funding to date, including £150m in February in a mix of equity and debt led by Augmentum. Sales, which are made up of interest and fee payments, grew to £47.5m last year. The company is led by co-founders Christoph Rieche, 39, and James Dear, 38, and aims to finance 100,000 small businesses in the UK over the next five years.

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Company details
Year2019
Rank34
Companyiwoca
ActivityBusiness finance provider
LocationCentral London
Average 3 year sales growth97.06%
Latest sales £000s*47,534
Staff230
Founded2011
Websitewww.iwoca.co.uk

If applicable:

* supplied by company † annualised figure