iwoca launches M&A marketplace as data reveals SME succession gap. LONDON, Oct. 15, 2026 /PRNewswire/ - iwoca today launches manda, a dedicated M&A platform designed to connect small businesses looking to sell with suitable buyers. Unlike traditional corporate finance brokers that only represent one side of a deal, manda acts as a market maker, handling everything in one place. For SME owners looking to sell, manda matches them with serious buyers including search funds, family offices, and private equity firms. For buyers, manda draws on iwoca's data on 100,000+ SMEs to surface the right opportunities, and uses bank feeds, filed accounts, VAT returns and payroll to carry out due diligence and advise on deal structuring. By bringing the whole process together, manda can make the process more accessible and affordable for SME owners by only charging a fee on completion of the deal. iwoca data reveals a growing SME succession gap The launch comes as new data from small and medium-sized business owners shows that a succession crisis is growing for the UK's 5.7m SMEs. New polling from iwoca shows that only one in five (21%) SME owners have a formal, documented succession or exit plan, while a quarter (25%) have given it no thought at all. Even owners closest to retirement lack a clear strategy. Nearly three-quarters (73%) of 55-64 year-olds say they have nothing more than a rough idea of what will happen to their business when they step back, and less than a third (29%) of SME bosses aged 65-74 have a formal plan in place. This comes despite heavy reliance on a business sale to fund post-work life. Half (50%) of SME owners say they will rely on their business to fund their retirement, but nearly three in 10 (29%) do not know what their business would be worth if sold today. manda's first deal completed manda's public launch follows the completion of its first deal, with the sale of roofing contractor TRC (Midlands) Ltd to TrueNorth Capital Group. Christoph Rieche, CEO and co-founder of iwoca, said: "Our analysis shows the majority of small business owners have no formal succession plan for the business they've built. Often the hardest part isn't finding a buyer, but finding the right one at the right time - someone who understands the business and will take it forward. manda solves that by matching sellers with buyers who actually fit what they're looking for."

Revenue increases by over 50% as iwoca launches new products to solve more SME problems. September 28, 2026 * Latest accounts show iwoca's revenue grew by 56% to £366 million in 2025 * Re-investing growth: iwoca launches a to help SMEs with day-to-day expenses. The credit card follows the launch of iwocaPay and Credit Compass * A new high-profile integration with Starling is now live, and more SME solutions in insurance and M&A to be announced soon * The company provided £1.5 billion in loans to SMEs in 2025, up from £952 million the previous year, taking total lent to over £6 billion iwoca reveals a record year of growth and lending in 2025, and announces an expansion of services in new areas to provide SMEs with a range of products to help them understand, access and manage credit. Providing tech-led decisions to help SMEs grow iwoca's financial accounts show revenue increased by 56% to £366 million in 2025, up from £234 million the previous year. Across its markets in the UK and Germany, the company provided £1.5 billion in funding, rising from £952 million in 2024, across ~100,000 SME loans funded in 2025. iwoca has now lent over £6 billion to small businesses since 2012. The growth in lending is powered by iwoca's proprietary technology, data-driven approach, and market-leading customer experience. Productivity improvements alongside growth at scale, helped to increase profits to £85.1 million in 2025. Building products to help SMEs solve problems iwoca is reinvesting these profits into solving more problems for SMEs. The company today announces the launch of its Business Credit Card, which will give UK SMEs access to flexible credit for day-to-day spending and unexpected costs. This follows the launch of Credit Compass earlier this year - a free tool designed to give every UK SME clear insight into their business's credit standing, and iwocaPay in 2020 - a B2B BNPL service which gives businesses and their customers greater flexibility over payment terms. Over 10,000 SMEs have registered with Credit Compass, giving them insights into their financial status, tools to improve their credit health and expanded access to credit. iwocaPay has processed £100 million of payments for 13,000 firms - the vast majority of whom have annual revenue of less than £500,000, meaning thousands of small businesses are accessing trade credit for the first time. iwoca is set to launch further products over the coming months in insurance and M&A to give SMEs more tools to address the challenges they face. Alongside these new products, iwoca has ambitious plans to continue growing its lending business. The company recently closed a new £250 million facility with a leading UK bank and WAM Capital. iwoca's lending capabilities are also boosted by over 50 partnerships which give SMEs access to finance through platforms they regularly use, including Starling, Tide, Monzo and xero. Christoph Rieche, iwoca's CEO and co-founder said: "Since launch in 2012, we've focused relentlessly on our mission to finance underserved SMEs. While we're now lending at scale, and announcing new products and partnerships, the funding gap continues to widen. We have more work to do." iwoca's recent growth and the development of new products led it to win Fintech Company of the Year 2026 at the Fintech Awards London. Get started. * Borrow up to £1,000,000 * Repay early with no fees * From 1 day to 24 months * Applying won't affect your credit score

DNA Payments partners with iwoca to deliver new funding options that empower UK SME growth. DNA Payments, one of the UK's largest independent payment companies, has expanded its merchant funding offering through a new partnership with one of Europe's largest SME lenders, iwoca. Through this partnership, DNA Payments' clients can now easily apply for an iwoca Flexi Loan of between £1,000 and £1m, directly from their Merchant Portal and App. The fully digital application process, with approvals typically processed within minutes, offers greater choice and flexibility to thousands of SMEs using DNA Payments. The partnership comes amid ongoing uncertainty for UK small businesses. According to iwoca's latest SME Expert Index, 78% of finance brokers expect supply chain disruption to negatively impact small business performance, while 70% say their SME clients are concerned about rising energy prices. Running costs have risen to the top of SMEs' concerns, cited by 54% of brokers. "The opportunity for UK businesses has never been greater, and we're working hard to provide the financial services they need to realise that opportunity," said Colin Neil, CEO of DNA Payments. "By adding term loans to our funding options, we can better support our clients when they need it most." "This partnership means more businesses can access funding exactly where they already are - inside the tools they use every day," said Harry Cranfield, head of partnerships at iwoca. "Funding should meet the needs of actually running a business. That's what every business owner goes through and accessing finance should fit around that."