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What is iwocaPay?
What is iwocaPay?

Learn more about iwocaPay and who it's for

Lara Gilman avatar
Written by Lara Gilman
Updated over a week ago

What is iwocaPay?

We make settling up simple for you and your customer

Your customers choose to Pay Now in just a few clicks or Pay Later and spread the cost over 3 or 12 months - and either way, you get paid up front every time.

With iwocaPay, there’s no risk. No missed sales. No chasing payments. Just a better service for you and your customers.

How does it work?

Once you're signed up all you need to do is add the option to pay via iwocaPay to your invoices, online checkout or POS.

  1. Your customer chooses to Pay Now or Pay Later - Stand apart from the competition by letting your customers choose how they pay, without taking on the risk.

  2. You get paid up front - As soon as your customer checks out you get paid, no matter what option they choose.

  3. Spend less time on accounting admin - Match orders to payments with ease and no more chasing late payments.

How is iwocaPay different to invoice finance?

We help businesses offer their customers more choice around how they pay an invoice. We don’t purchase or take control of invoices and we don’t believe in complexity.

How do I sign up for iwocaPay?

You can sign up for iwocaPay here.

Who is iwocaPay for?

It’s for businesses that want to get invoices paid sooner, by making it easier for their customers to settle up.

Can I speak to someone?

Sure, feel free to give us a call on 020 3778 0549 or email us at

Who are iwoca?

iwoca is a fast, flexible source of business finance for all UK businesses. Christoph and James launched iwoca in March 2012. Since then we've grown exponentially, lent over one billion pounds to small businesses across the UK and most importantly have thousands of happy customers (check out our feedback).

What does the name iwoca mean?

iwoca stands for instant working capital.

Is iwoca a bank?

No, we're technology-based finance company or ‘FinTech’. We use technology to make it easy and straightforward for small businesses to access finance when they need it. 

Can I trust you?

Absolutely. We are a member of the CCTA and we've been rated excellent by more 4,300 of our customers on Trustpilot. We've also been featured in the national press and won many industry awards.

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