iwoca closes €292M debt round in UK

UK-based lender iwoca closed a €292M debt round on 27 July 2026, one of four debt deals recorded in the UK in the 30 days to 30 July 2026, which together total €1.67B — far above the €33M raised across two debt deals in Germany over the same window. Debt accounts for the majority of the UK's overall funding activity in that period: the country recorded €3.24B across 70 deals in total, meaning debt financing made up roughly 52% of the UK's 30-day volume. iwoca's round also ranks among the larger recent debt transactions in the UK, behind Nscale's €787M and Lendable's €587M debt rounds, both closed earlier in July 2026. Germany still leads the UK in overall 30-day funding, with €3.54B across 42 deals versus the UK's €3.24B across 70 deals, but Germany's debt activity remains comparatively minor, at just under 1% of its own 30-day total.

AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-07-30). Figures are checked against the underlying data and each draft is reviewed by an independent second model before publishing; anything unverifiable is held back. Not investment advice. Labelled for AI transparency (EU AI Act Art. 50, applicable from 2 Aug 2026).