Digital bank Zempler has joined forces with iwoca, a financial lender specialising in small and medium-sized enterprises (SMEs), to provide more lending choices for UK startups and microbusinesses.

Through this collaboration, Zempler’s customers will be able to access iwoca’s loans via the bank’s marketplace platform.

Loan amounts range from £1,000 up to £1m, with varied repayment schedules available.

Businesses may use these loans for a range of purposes including stock purchases, business expansion initiatives, or managing day-to-day cash flow.

Zempler Bank CEO Rich Wagner said: “SMEs are a vital driver of jobs and growth within the UK economy, but many face unnecessary barriers when it comes to accessing the finance they need to grow.

“Our research shows that access to funding is one of the biggest barriers to small business growth. By adding iwoca to our marketplace and offering flexible funding options, we’re making it easier for our customers to unlock their growth potential.”  

With the addition of iwoca’s lending options, Zempler customers can apply for business finance directly through the digital bank’s platform.

Businesses can submit applications within minutes without impacting their credit scores. Other features include early repayment without fees and access to a dedicated account manager throughout the financing process.

iwoca chief commercial officer Colin Goldstein: “At iwoca, our mission is to help small businesses get the finance they need, when they need it.

“Partnering with Zempler means even more SMEs can benefit from quick decisions, flexible repayments, and a service designed around their needs — all within a banking platform they already trust.” 

In August 2025, iwoca partnered with Teya, a financial services platform for small businesses. Through this collaboration, iwoca’s Flexi-Loan product became available via Teya’s app and web portal, allowing entrepreneurs to submit loan applications directly through digital channels.