FinTech iwoca extends funding line to £170m

London FinTech iwoca hit net profitability in Q4 2022 and has extended its funding line to £170 million. Founded in 2011, the small business lender has experienced a surge in working capital demand as SMEs need additional financing due to higher costs and slower repayments from their customers. The total number of customers funded across … Continue reading FinTech iwoca extends funding line to £170m