For a long time, some 20 million small business owners in Europe had no alternative to traditional banks for their financing. Those days are over: iwoca is a rapidly-expanding, online credit institution for self-employed and micro-enterprises. A specially developed algorithm now analyzes individual risk profiles in real time, enabling iwoca to pay out loans of up to 150,000 dollars (in Germany: EUR 50,000) - a far quicker and simpler procedure than offered by banks. The FinTech company currently operates in the United Kingdom, Spain, Poland and Germany, with additional markets offering enormous growth potential for the future.
Established in 2012, London