iwoca

Background and contacts

About iwoca

iwoca (www.iwoca.co.uk) is the only provider of short term finance to online retailers based in the UK. iwoca aims to empower entrepreneurs and to help fuel the growth of e-commerce by providing its customers with access to funding for inventory, technology, employees or international expansion. By looking directly at their sales data and customer feedback scores, iwoca can make a fair assessment of an online business.

About The Digital Newsroom

The iwcoa Digital Newsroom is a simple and useful resource for you to keep track of all the latest news stories. High resolution images and complete press releases are available to download from here, and you can connect with our various social media profiles easily. Suggestions for improvements are welcome.

Contact Details

Katie Bawler & Lauren Preece
Manifest London
t. +44 (0)203 1379 270
e. iwoca@manifestlondon.co.uk

iwoca

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

Attached Files

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iwoca and ekmPowershop partner up to fuel e-commerce growth

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 […]

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IWOCA RAISES £5MILLION INVESTMENT TO FUEL UK GROWTH AND EUROPEAN EXPANSION

EMBARGOED 10:00 09.01.14 Small business lender, iwoca, buoyant after securing £5million funding from leading investors Global Founders Capital (“GFC”), the new private investment fund founded by the Samwer brothers, and Redline Capital Management S.A., a Luxembourg asset management company acting for Redline Capital Fund (“Redline”), led the equity and debt funding round. All existing investors […]

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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, […]

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