International Track 200

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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Company details
Year2020
Rank22
Companyiwoca
ActivityBusiness finance provider
LocationCentral London
2-yr av intl sales growth pa106.59%
International sales £000s6,500
Total sales £000s47,534
Staff230
Founded2011
Websitewww.iwoca.co.uk

If applicable:

* Supplied by company † Annualised figure