Business · 27 July 2026
Lender Iwoca secures £250m for small businesses as it explores a £1bn sale
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The fintech company handed out 60% more cash during 2025 as small firms increasingly asked for much larger loans. To keep up with that demand, it just borrowed the extra money from Waterfall Asset Management and a major bank. The fresh funding arrives days after the firm reportedly hired investment bank Qatalyst to explore a potential sale.
Reported by City AM · How we write briefs