| Founded | 2012 |
|---|---|
| Closed | 2023 |
| Country | UK |
| Sector | Fintech |
| Total raised | ~$200M+ (equity + debt, 2012–2022) |
| Collapse type | Slow Death |
| Founder | Christoph Rieche |
Iwoca (growth stall)
"UK's SME online lender cut deep as rising rates and SMB stress eroded its growth narrative"
Years-long decline before final shutdown
Key Events Timeline
Iwoca had built a respected SME lending platform in the UK and Europe, processing billions in loans.
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