Matthew serves as a partner at Pollen Street Capital and holds non-executive directorships at 1st Stop Group and Capitalflow Group. His earlier career includes roles at RBS Equity Finance and PwC.
Connor is a partner at Pollen Street Capital, having previously held investment roles across the firm since 2018. Before that, he was a senior investment analyst at Bluestone.
The asset-backed financing round was led by Pollen Street to support international growth across key markets.
"By unlocking access to a wider pool of private credit investors and global investment banks, we’re scaling up the working capital support available across the sector,"
The £100m credit facility from Pollen Street Capital will provide working capital and fund technology upgrades for small businesses in the UK and Australia.
"We are extremely excited about our future relationship with Pollen Street, a capital provider with a proven track record of partnering with impactful and innovative businesses."
The new debt financing follows an earlier facility extension with Pollen Street Capital.
"We started iwoca after the financial crisis to offer SMEs the support that was so badly needed during uncertain times. Now, over 10 years later, we are fully tested and have proven that we can be there for SMEs when they need us the most. With this new funding, we’re in an even better position to help smaller businesses in the UK and Germany at a time of economic uncertainty. These SME businesses form the basis of a strong economy, and iwoca will lead from the front to help them thrive and achieve their goals."