iwoca, the only UK-based provider specialising in funding for online retailers, has launched a new integration with Europe’s leading shopping cart provider, ekmPowershop. The collaboration with ekmPowershop will grant 12,000 UK merchants quick and easy access to funding, fuelling ecommerce growth further. Iwoca will use real-time sales and transaction data from the ecommerce provider to […]

Ecommerce gets Smarta with iwoca
Smarta 100 winner, iwoca, helps online sellers save onbusiness expenses
iwoca has teamed up with business network, Smarta, to help small ecommerce businesses to operate more cheaply and efficiently. iwoca will be offering 1,000 free SmartaCards, a discount card providing exclusive offers and savings for entrepreneurs, to SME ecommerce business owners.
- By using the card, businesses can save thousands of pounds annually on expenses such as IT support, insurance, human resource, printing and accounting services.
- Winner of the Smarta 100 in 2012, iwoca, has partnered with Smarta to help other small ecommerce businesses that are potential future winners of the award.
- The Smarta 100 is an annual celebration of the most resourceful, inspiring and disruptive small businesses in the UK.
- A business simply needs to be trading online in order to qualify for the free card (RRP £49.99).
- The promotion, worth £50,000, will also see iwoca offer businesses that sign up to the SmartaCard 50% off the first month’s interest on an iwoca loan.
Quotes
Christoph Rieche, CEO & Co-founder at iwoca, commented:
“Small businesses need access to finance in order to grow. Our aim is to empower entrepreneurs and small businesses and access to capital can take many different forms. Our core offering is providing online businesses with easy access to short term loans. By offering this free SmartaCard, we can help ecommerce businesses to save money in other areas that will free up cash to focus on developing their business.”
Shaa Wasmund, Founder of Smarta, added:
“We’re delighted to be offering support to ecommerce companies in partnership with iwoca. One of the biggest challenges facing small businesses today is cashflow; by using a SmartaCard business owners have much-needed access to offers that can save their business money, without them changing their purchasing habits.”