This London company says it has funded more than 50,000 small businesses across Europe since 2012, using its technology to make credit decisions quickly and accurately. International sales — made up of interest and fee payments — hit £6.5m in 2018, under cofounders Christoph Rieche, 40, and James Dear, 39. In 2019, iwoca secured £150m in a debt and equity round led by venture capital firm Augmentum, bringing total funds raised to £350m.
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