iwoca announces a new £270m package of debt funding, taking total gross investment in the company to over £1bn since it was founded in 2012.
iwoca has received £150m (€175m) in debt financing commitments from Citibank and Insight Investment to support the company’s growth in Germany, and a further £120m from Barclays and Värde for the UK business, as it responds to mounting demand for finance from small businesses.
