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 […]
iwoca launches Magento integration offering £50 to the first 20 people who link their Magento store to iwoca
iwoca, the only UK based provider specialising in funding for online retailers, has launched an innovative integration with Magento webstores. This enables iwoca to instantly assess a seller’s performance and offer straight-forward, affordable finance of £500 – £50,000 to help a business grow.
This represents yet another industry first from iwoca, enabling sellers from multiple ecommerce platforms including eBay, Amazon, Linnworks and now Magento to connect their accounts to iwoca. Once connected, sellers have instant access to the funds they require in order to take full advantage of business opportunities.
Christoph Rieche, iwoca CEO and co-founder, said:
“We’re delighted to announce iwoca’s integration with Magento, it marks another important milestone for the company and the innovative technology that sits at the heart of the iwoca platform. We’re really looking forward to working with Magento sellers to help them grow their businesses”
iwoca is growing exponentially and has already issued thousands of loans to online businesses since it started trading in March 2012. It has been named one of the top 20 startups by startups.co.uk and was the winner of the 2013 Wired Money’s Startup Pitch.
Magento offers flexible, scalable ecommerce solutions designed to help businesses succeed online. The Magento platform is trusted by more than 150,000 businesses, including some of the world’s leading brands.
To celebrate this milestone, iwoca is giving £50 to the first 20 Magento sellers who link their accounts to iwoca.
Find out more about iwoca and sign up at iwoca.co.uk