Tech Company Financing Transactions
iwoca Funding Round
iwoca, operating out of London, raised $58.5 million from Acton Capital Partners, Commerce Ventures and Global Founders Capital.
Transaction Overview
Company Name
Announced On
10/6/2016
Transaction Type
Venture Equity
Amount
$58,493,600
Round
Undisclosed
Investors
Proceeds Purpose
iwoca operates across Germany, Spain, and Poland, as well as the UK, and Reiche says part of the money will go towards growing in these markets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
247 Tottenham Ct. Rd.
London, W1T 7QX
UK
London, W1T 7QX
UK
Phone
Website
Email Address
Overview
iwoca offers flexible credit to small businesses across Europe, allowing them to take advantage of opportunities previously only available to their larger peers. From placing larger stock orders to bridging cashflow gaps, finance helps power our customer's growth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christoph Rieche
Chief Technical Officer
James Dear
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