IW Capital CEO looks at the route to finance for SMEs
Across the last decade we have seen a multitude of successful case studies that have emerged from the startup arena in the UK, each highlighting that there is no one affirmed route as to how to succeed as a growing UK fintech.
In response to these success stories Luke Davis, CEO and founder of IW Capital, has been talking to Growth Business about the different ways companies can raise the right finance for them. Whether it is via large VC raises, or through highly successful funding paths combining private investment and crowdfunding, Luke discusses in depth the multiple routes to financial success for innovative and growing SMEs.
One of IW Capital’s portfolio stars WeSwap is a prime example of the hybrid funding path open to companies looking to grow organically. Serving as a peer to peer travel money platform, the company’s phenomenal rise to success presents an exemplary growth story for UK ﬁntech, reinforced by their recent milestone of £120 million in global transactions to date. In the four years since it was founded, WeSwap has grown its user-base dramatically, expanded the range of currencies that can be exchanged on its plaform and cemented its position at the forefront of UK ﬁntech innovation.
WeSwap’s crowdfunding campaign was one of the most successful of its kind in the UK, with a record-breaking 3,500 people investing in the world first peer-to-peer currency exchange platform, all of who were users of the platform. If you would like to learn more about WeSwap, or about our other fintech investment opportunities, speak to a member of our team on 020 7015 2250, or email email@example.com