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London fintech iwoca raises £46 million in VC cash and debt to grow across Europe

A London fintech startup that offers small businesses fast, online credit has raised £46 million in debt and equity. iwoca, which employs 120 people in the capital, has raised £21 million of investment from Prime Ventures, as well as existing investors Acton Capital Partners, CommerzVentures, Global Founders Capital, and Redline Capital. The startup, founded in 2011, has also secured a £25 million debt facility with challenger bank Shawbrook.
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