Iwoca: Fintech lender secures £200m debt to support larger SMEs Fintech Small business lender Iwoca has secured £200m of debt funding as the fintech looks to grow its market share through bigger loans.
UK fintech stars warn capital gains tax hike could force them to relocate Fintech Prominent UK fintech founders have warned the new government that hiking capital gains tax risks forcing them out of the country, with nearly half already mulling relocation.
Iwoca mulls bigger loans and international expansion amid surge in demand Fintech Online credit provider Iwoca is looking at raising the size of its loans and expanding into a new country on the back of a surge in demand for small business funding from alternative lenders.
Big banks shun demand for SME lending as larger firms prioritised May 29, 2024 Big banks are set to withdraw even further from funding small and medium-sized enterprises (SMEs) this year, data shared exclusively with City A.M. suggests, as high street lenders face criticism for prioritising larger firms.