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iwoca Overview

London, England
51 to 200 employees
2012
Company - Private
Lending
$5 to $10 million (USD) per year
Unknown
Chris and James launched iwoca in 2012; since then we’ve made tens of thousands of credit decisions and lent over £150m to ten thousand SMEs across UK, Poland, Germany and Spain. Along the way we built a high-tech platform from scratch, won ... Read more

Mission: A flexible cash flow is critical to the success of any small or mid-sized business. Traditionally, banks have neglected the millions of European SMEs because their processes have been too slow, rigid and costly to serve them effectively. By using cutting-edge technology and ... Read more

iwoca Reviews

4.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Christoph Rieche
28 Ratings
  • "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Loads of responsibility
    - Extremely smart team
    - Great CEO
    - Great team spirit
    - Flat hierarchy

    Cons

    - Compensation could be slightly better.

See All 44 Reviews

iwoca Photos

iwoca photo of: Team iwoca
iwoca photo of: Tyron aka Lord Of The Phone Rings
iwoca photo of: Head of Germany
iwoca photo of: The Credit Analysts
iwoca photo of: UK Ops
iwoca photo of: iwoca's office ... 5th floor
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iwoca Interviews

Experience

Experience
63%
13%
22%

Getting an Interview

Getting an Interview
72%
9%
9%
9

Difficulty

3.0
Average

Difficulty

Hard
Average
Easy
  1.  

    Accounting Interview

    Anonymous Interview Candidate in London, England
    Declined Offer
    Negative Experience
    Average Interview

    Application

    I applied online. The process took 3 weeks. I interviewed at iwoca (London, England).

    Interview

    Terrible organisation from top to bottom. I arrived with no warning of the construction that was going on in the area and absolute no assistance from the employee who had contacted me via email. On the fourth floor (where they are located, right above Heiniken) is where the interview took place. The interviewer is the Finance Controller of the company, who had previosuly worked at PwC. He clearly had no interviewing experience and was more interested about my knowledge of the company that the actual position I was aiming to fill. Ridiculous questions and really aggravating interruptions from him. Did not respect any opinion that was not the same as his and seemed to have an ego the size of London. After a 45 minute interview with him, he left and introduced me to two other members of the accounting 'department' of the small company which where two nice and kind young women who looked fun to work with in all honesty. But the guy who interviewed me intially was a total jerk and because he is sort of in charge I would highly recommend avoiding this place like the bubonic plague. If there is trouble at the top (the interviewer from PwC) and the company cannot even get there interviewing process correct why bother wasting your time here?

    Interview Questions

    • Q: Tell me about our business model?
      Q: Do you think we are operating at a profit?
      Q: Describe our competitors?
      Q: If you were one of our customers why would you use us instead of a traditional bank?
      Q: Is the industry we are working in a good future investment?
      Q: How do we keep our company afloat? (The company does not operate at a profit and it keeps itself afloat with giving out equity and taking on lots of debt)   Answer Question
See All 22 Interviews

Company Updates

  • iwoca - Blog - iwoca takes home three Credit Awards

    —30+ days ago
    iwoca - Blog - iwoca takes home three Credit Awards

    Last night we had the pleasure of attending the Credit Awards at the Grosvenor Hotel in Mayfair. We started off the night full of anticipation - we were shortlisted for six awards, more than any other company - and we didn't leave empty handed! The night kicked off with a three-course dinner and silent auction ...

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iwoca Awards & Accolades

  • Best Alternative Lender – Commercial, Credit Today Awards, 2016
  • Best Fintech Company – Lending, Credit Today Awards, 2016
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