Backend Tech Lead - Funnel Platform

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."

iwoca brings £1m SME loans to Starling Bank users. September 04, 2026 iwoca CCO Colin Goldstein shares how Starling Bank, embedded finance and API data sharing are enabling self-serve SME loans for business customers iwoca is embedding its SME lending directly inside Starling Bank's mobile and online banking through a full API integration, allowing business customers to apply for loans of up to £1m (US$1.4bn) without leaving their banking environment. The deal showcases how embedded finance is shifting from pilot projects to core distribution for specialist lenders, with data sharing and automated decisioning now table stakes for serving small businesses at scale. The Starling partnership extends iwoca's long-running embedded finance strategy, which began with its 2017 Tide integration and now spans more than 50 active partnerships across banking, accounting and marketplace platforms. By meeting SMEs inside the tools they already use, iwoca reduces friction at the "moment of need" and increases approval velocity through real-time data access. "Starling has built one of the UK's leading digital banks by obsessing over the customer experience and that's exactly the mindset we share," iwoca's Chief Commercial Officer Colin Goldstein exclusively tells FinTech Magazine. "The full API integration means their business customers can now access iwoca's funding seamlessly, right inside the app they already bank with. It's why embedded finance is the present and the future of SME lending. "Partnerships like this are central to how Fintech Magazine grow: with more than 50 active partnerships, Fintech Magazine has the potential to reach millions of small businesses through the platforms they already use every day. "Small businesses are the foundation of its economy and when they have access to finance at the moment of need, the positive effect is felt everywhere. That's exactly what Fintech Magazine has been doing for 15 years. "In the UK, iwoca's lending supported £3.5 billion (US$4.7bn) of GDP and 51,600 jobs over the last 12 months. "Fintech Magazine is also having a huge impact on individual businesses: its research shows that firms which access the funding they need go on to grow their revenue and succeed for longer. "Every partnership like this one takes us closer to our mission of financing one million businesses and creating even more value for the economy." The benefits of the partnership. Starling business customers can now apply for iwoca funding from within the Starling app, sharing their data seamlessly via API integration. They can access loans of up to £1m over five years to support their growth, through a fully self-serve journey with automated decisions and customer support available when needed. The integration removes manual document collection and shortens time-to-cash, a critical advantage for cash-flow-constrained SMEs. The offering is positioned as "fast, flexible business loans" with a predictable, fixed monthly term loan from £1,000 up to £1m, fast decisions and no hidden fees - with checking eligibility not affecting a customer's credit score. Key features of the embedded offering: * In-app application flow inside Starling's mobile and online banking, typically completed in about five minutes * API-based data sharing for real-time eligibility checks and automated underwriting, with soft credit checks on application * Loan sizes £1,000 to £1m, with terms from one to five years and monthly interest rates starting from 1.5% per 30 days (49% APR representative) * Instant decisions on loans up to £100,000 and typical decisions within 24 hours for larger amounts * No early repayment fees, with interest charged only for the days the loan is outstanding * Funds paid directly into the customer's Starling business account once the offer is accepted Economic impact and mission scale. Research from Capital Economics, commissioned by iwoca, shows its lending supported £3.5 billion of UK GDP and 51,600 jobs in the 12 months to January 2026, with every £100 deployed generating around £230 of economic activity. Since 2012, the lender has provided more than £4.5 billion to more than 100,000 UK businesses and has committed at least £1.5 billion of new funding for 2026. The Starling integration is designed to accelerate progress toward iwoca's mission of financing one million small businesses. Capital Economics analysis commissioned by iwoca finds SMEs that receive a specialist loan are 70% more likely to still be trading three years later than the UK average, with 80% of 2021-incorporated iwoca customers still on the Companies House register in 2025 versus 46% of all peers. The research also finds that cash flow remains a persistent barrier, with 48% of microbusinesses reporting cash-flow challenges in 2026, while challenger and specialist lenders now account for 68% of UK SME lending, up from 39% in 2012. Christoph Rieche, CEO and Co-Founder of iwoca, says: "Small businesses with real potential are being held back because many can't access the finance they need at the right moment, it's certainly not a lack of ambition. "What this research shows is that when finance is delivered, businesses are much more likely to weather difficult periods and succeed over the longer term. "With better financial support, SMEs tend to grow revenues, hire, build something sustainable, and contribute substantially to the economy." iwoca has funded more than 100,000 businesses, lending more than £4.5 billion since 2012. It has an ecosystem of partners including: * Starling Bank: UK digital bank serving millions of personal and business customers, known for app-first UX and open-banking capabilities. Its API ecosystem enables third-party services like iwoca to embed lending directly in the banking journey * Tide: Business banking platform and early embedded finance partner for iwoca, helping prove the model of in-app SME lending via API data sharing and automated decisions * Love Finance: Fast-growing UK SME lender and broker that integrated iwoca's API in late 2025 to speed decisioning and expand flexible funding options for small businesses * Binq: Business marketplace that connected to iwoca's broker API using Open Banking data and AI chat to surface funding from £1,000 to £1m in real time * Zempler Bank: Digital bank for start-ups and microbusinesses that partnered with iwoca to broaden its SME product set with quick-decision, flexible-repayment Executives. * Christoph Rieche CEO & Co-founder * Colin Goldstein Chief Commercial Officer, UK * James Dear Co-founder | Head of Systems & Numbers Company Portals