# iwoca funding: rounds and investors

> iwoca has raised $911M across 12 rounds since 2013. Investors include Acton Capital, Prime Ventures and Citibank. Every round with its source.

Source: https://millionrounds.com/company/iwoca (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *iwoca*

12 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$911M** raised across 12 rounds since 2013, from 13 sources

**$3.2M** Venture **$7.6M** Series A **$20M** Series B **$27M** Round **$57M** Debt **$9.8M** Round **$194M** Debt **$326K** Round **$258M** Debt **$151K** Round **$1.8M** Series D **$333M** Debt

- **Latest round:** Debt, $333M Jul 2026
- **Step-up i:** 185.5×
- **Investors:** 15 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021 2023 2025

**$3.2M** Venture

**$7.6M** Series A

**$20M** Series B

**$27M** Round

**$9.8M** Round

**$194M** Debt

**$326K** Round

**$258M** Debt

**$151K** Round

**$333M** Debt

- **First round:** Venture, $3.2M
- **Biggest round:** $333M
- **Usual gap between rounds:** 12 months

## The rounds

- **Jul 2026** Debt **$333M** *2 new* *2 returning* [Citibank](https://millionrounds.com/fund/citi) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Acton Capital](https://millionrounds.com/fund/acton-capital) [Waterfall Asset Management](https://millionrounds.com/fund/waterfall-asset-management) Reported by Firms' own news pages and 1 other
- **Jan 2026** Series D **$1.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2025** Round **$151K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2024** Debt **$258M** *1 new* *1 returning* [Citibank](https://millionrounds.com/fund/citi) [Acton Capital](https://millionrounds.com/fund/acton-capital) Source recorded
- **May 2023** Round **$326K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2019** Debt **$194M** *2 new* [Prime](https://millionrounds.com/fund/prime) Augmentum Fintech/ NIBC Bank Reported by FinSMEs
- **Jan 2019** Round **$9.8M** *1 new* [Augmentum Fintech](https://millionrounds.com/fund/augmentum-fintech) Reported by Businesscloud
- **Oct 2016** Debt **$57M** *1 new* *1 returning* [Prime Ventures](https://millionrounds.com/fund/prime-ventures) [Shawbrook Bank](https://millionrounds.com/fund/shawbrook-bank) Reported by FinSMEs
- **Apr 2016** Round **$27M** *2 new* *3 returning* [Prime Ventures](https://millionrounds.com/fund/prime-ventures) Lead [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [Acton Capital](https://millionrounds.com/fund/acton-capital) [CommerzVentures](https://millionrounds.com/fund/commerzventures) [Redline Capital](https://millionrounds.com/fund/redline-capital) Source recorded
- **Jul 2015** Series B **$20M** *2 new* *1 returning* [Acton Capital](https://millionrounds.com/fund/acton-capital) [CommerzVentures](https://millionrounds.com/fund/commerzventures) [Redline Capital Management S. A. (RCM)](https://millionrounds.com/fund/redline-capital-management-s-a-rcm) From a historical funding record
- **Jan 2014** Series A **$7.6M** *2 new* *2 returning* [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [Talis Capital](https://millionrounds.com/fund/talis-capital) [Redline Capital Management S. A. (RCM)](https://millionrounds.com/fund/redline-capital-management-s-a-rcm) [Beyond Digital Media](https://millionrounds.com/fund/beyond-digital-media) From a historical funding record
- **Jan 2013** Venture **$3.2M** *2 new* [Talis Capital](https://millionrounds.com/fund/talis-capital) [Beyond Digital Media](https://millionrounds.com/fund/beyond-digital-media) Reported by finsmes.com

## Funding filed with regulators

iwoca filed 4 raises, $2.6M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2026 **$1.8M** UK share allotment
- Sept 2025 **$151K** UK share allotment
- Sept 2024 **$292K** UK share allotment
- May 2023 **$326K** UK share allotment

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2016 **Round** 2019 **Debt** 2019 **Round** 2023 **Debt** 2024 **Round** 2025 **Series D** 2026 **Debt** 2026 [Acton Capital](https://millionrounds.com/fund/acton-capital) [Prime Ventures](https://millionrounds.com/fund/prime-ventures) [Citibank](https://millionrounds.com/fund/citi) [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [Talis Capital](https://millionrounds.com/fund/talis-capital) [CommerzVentures](https://millionrounds.com/fund/commerzventures) [Redline Capital Management S. A. (RCM)](https://millionrounds.com/fund/redline-capital-management-s-a-rcm) [Beyond Digital Media](https://millionrounds.com/fund/beyond-digital-media) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Augmentum Fintech](https://millionrounds.com/fund/augmentum-fintech)

## Everyone who backed them

[Acton Capital](https://millionrounds.com/fund/acton-capital) VC firm **4** rounds

[Prime Ventures](https://millionrounds.com/fund/prime-ventures) VC firm **2** rounds, led 1

[Citibank](https://millionrounds.com/fund/citi) Growth equity **2** rounds

[Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) VC firm **2** rounds

[Talis Capital](https://millionrounds.com/fund/talis-capital) VC firm **2** rounds

[CommerzVentures](https://millionrounds.com/fund/commerzventures) VC firm **2** rounds

[Redline Capital Management S. A. (RCM)](https://millionrounds.com/fund/redline-capital-management-s-a-rcm) Investment firm **2** rounds

[Beyond Digital Media](https://millionrounds.com/fund/beyond-digital-media) Investment firm **2** rounds

[Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) Corporate VC **1** round

[Augmentum Fintech](https://millionrounds.com/fund/augmentum-fintech) VC firm **1** round

[Waterfall Asset Management](https://millionrounds.com/fund/waterfall-asset-management) VC firm **1** round

[Prime](https://millionrounds.com/fund/prime) VC firm **1** round

[Shawbrook Bank](https://millionrounds.com/fund/shawbrook-bank) Investment firm **1** round

[Redline Capital](https://millionrounds.com/fund/redline-capital) VC firm **1** round

Augmentum Fintech/ NIBC Bank no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=iwoca).

## Also claim to have backed them

These 2 firms list iwoca as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[10x Founders](https://millionrounds.com/fund/10x-founders) VC firm Per its own site

[Fair Value Capital](https://millionrounds.com/fund/fair-value-capital) Advisor Per its own site

## Quick answers about iwoca

### Who invested in iwoca?

iwoca's investors include Acton Capital, Prime Ventures, Citibank, Global Founders Capital and Talis Capital, and 10 more on record.

### How much has iwoca raised?

iwoca has raised $911M across 12 rounds since 2013.

### When did iwoca last raise?

iwoca's most recent round was a Debt of $333M in Jul 2026.

### What was iwoca's biggest round?

Its most recent round, $333M in Jul 2026, is also its largest on record.

### Who backed iwoca first?

iwoca's first round on record, in Jan 2013, was backed by Talis Capital and Beyond Digital Media.

### What stage is iwoca at?

iwoca's latest named round is a Debt, in Jul 2026.

### Where is iwoca based?

iwoca is based in the United Kingdom.

### Who led iwoca's rounds?

Prime Ventures led the funding round in 2016.

## Companies like iwoca

In the same sector, and raised in the last eighteen months.

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**IMMIX** $6.2M · Oct 2026](https://millionrounds.com/company/immix)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**PlannerPal** $6.0M · Oct 2026](https://millionrounds.com/company/plannerpal)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
