iwoca: Released Open Banking for all new customers with a Lloyds Bank account

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iwoca: Released Open Banking for all new customers with a Lloyds Bank account

  • Business owners can now provide iwoca up to five years of transaction history with a few quick clicks of a mouse
  • First ever business lender to connect with any of the UK’s nine largest banks under the Open Banking initiative
  • Partnership speeds up the lender’s already swift application process for Lloyds customers
  • Open Banking depends on the cooperation of each bank and on small business owners trusting and understanding
  • The firm provides loans of up to £200,000 to small and micro businesses across the UK