--- title: 'Software Engineer - BYG at iwoca' canonical: 'https://feeny.ai/job/software-engineer-byg-iwoca-london-fehf87w8w36r' type: 'job' last_seen: '2026-10-18' --- # Software Engineer - BYG at iwoca - **Company:** iwoca - **Location:** London, United Kingdom - **Compensation:** £70k–£90k - **Employment:** full-time - **Work type:** hybrid - **Posted:** 2026-10-16 - **Last confirmed live:** 2026-10-18 - **Apply:** https://jobs.ashbyhq.com/iwoca.co.uk/804dbd5e-48a9-4370-98c2-e8cc7840029e ## Job description Software Engineer - Customer Operations Platform Hybrid in London, UK We’re looking for a software engineer iwoca’s operational tools and processes are a competitive advantage, allowing us to give great customer service, manage risk, and get money into our customers’ hands as quickly as possible. You’ll join our growing Customer Operations Platform team to help improve the systems that power these processes, building tailored flows for our Operations teams, automating processes using AI, using ML models to make smarter decisions, and improving the reliability of our communication services. You’ll work closely with our Operations teams, getting user feedback and input on requirements from users working in the same building, and seeing the impact of your changes on the people you work with. The company Small businesses move fast. Opportunities often don’t wait, and cash flow pressures can appear overnight. To keep going, and growing, SMEs need finance that’s as flexible and responsive as they are. That's why we built iwoca. Our smart technology, data science and five-star customer service ensures business owners can act with the speed, confidence and control they need, exactly when it's needed. We’ve already cleared the way for 100,000 businesses with more than £4 billion in funding. Our passionate team is driven to help even more SMEs succeed, through access to better finance and other services that make running a business easier. Our ultimate mission is to support one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive. ## The role As an engineer you’d take whole projects end to end, work out what' s actually needed, design it, build it and look after it in production. Responsibility and Autonomy: - Take on complex projects that span many systems and many stakeholders — e.g. CRM, telephony, contact, and task management - Build a strong understanding of the business context: how our ops teams actually work, how the processes you're automating are supposed to run, and what the people relying on your systems need from them. - Do the detailed technical scoping and prototyping that tells us whether an idea is feasible before it reaches the roadmap. Delivery and Collaboration - Take on complex coding and architecture problems with a high level of ambiguity and technical complexity. - Write fluent technical documents and developer tickets distilling product requirements into clear and actionable technical work. - Build relationships with key stakeholders including Operations Strategy, Credit Analysts, Account Managers, and Collections teams. Learning and Growth: - Embody our growth mindset mentality by sharing new technologies and best practices within the team as well as more broadly across the company. The projects Here are some of the most recent problems we are solving: - iwocaChat. Operations staff spend a large share of their day assembling context from multiple systems before they can help a customer. iwocaChat uses Claude to answer those questions directly, so staff spend their time on the customer rather than the lookup. - Migrating the monolith. We are incrementally moving business logic out of our Django monolith into smaller, independently deployable services. Because it cuts across every domain, you'd be shaping service boundaries and ownership models that stick around long after the monolith is gone. - Inbox messaging reworking. We are replacing our third party email inbox application with an inhouse solution, utilising AI to enable operations staff to automate the actions of our most frequent customer service enquiries. The requirements Essential: - Experience developing and owning shared back end services that other engineering teams contribute to and depend on - being the trusted reviewer for their contributions and shaping how they build on top of your work. - Familiarity with front-end technologies (React, TypeScript) and browser debugging. - Experience building and shaping distributed systems in complex business domains. - Ability to translate complex operational needs into technical architecture. - Strong capability using AI tools to automate routine tasks and research, enabling greater focus on complex system architecture and critical technical decision-making. Bonus: - Commercial experience with Python frameworks like Django. - Experience with complex data architectures, including event-sourced data models. The salary We expect to pay from £70,000 - £90,000 for this role. But, we’re open-minded, so definitely include your salary goals with your application. We routinely benchmark salaries against market rates, and run quarterly performance and salary reviews. The culture At iwoca, the best idea wins. We model our culture on independent thinking, challenging untested logic, and evidence-based decisions. We prioritise learning and growth, and give people the autonomy to develop in the direction that makes them most effective. We're a tech company and believe in the power of AI to help us work faster and better. We provide the infrastructure where every iwocan always has access to the best models and where those models have access to all of our data. We will help our people to learn how to use and grow with the new tools available to them. The offices We put a lot of effort into making iwoca a brilliant place to work: - Offices in London, Leeds, Frankfurt, and Berlin with plenty of drinks and snacks. - Events and clubs, like bingo, comedy nights, yoga classes, football, etc. The benefits - Flexible working. - Medical insurance from Vitality, including discounted gym membership. - A private GP service (separate from Vitality) for you, your partner, and your dependents. - 25 days’ holiday, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave. - A one-month, fully paid sabbatical after four years. - Instant access to external counselling and therapy sessions for team members that need emotional or mental health support. - 3% pension contributions on total earnings. - An employee equity incentive scheme. - Generous parental leave and a nursery tax benefit scheme to help you save money. - Electric car scheme and cycle to work scheme. - Two company retreats a year, we’ve been to France, Italy, Spain, and further afield. And to make sure we all keep learning, we offer: - A learning and development budget for everyone. - Company-wide talks with internal and external speakers. - Access to learning platforms like Treehouse. Useful links: - See [iwoca benefits & policies](https://coda.io/@iwocauk/iwoca-benefits-policies-uk) for detail and some additional benefits. - See [interview welcome pack](https://coda.io/@iwocauk/interview-welcome-pack-tap) to learn more about the process. ## About iwoca ## Company Overview - **One-liner**: iwoca is a fintech company that provides fast, flexible business loans and financial products to small and medium-sized enterprises (SMEs) in the UK and Germany. - **Entity Type**: Private (Series D; cumulative debt and equity investment exceeds £1 billion) - **Headquarters**: London, United Kingdom (additional offices in Leeds, Frankfurt, and Berlin) - **Founded**: October 2011 - **Founders**: Christoph Rieche (CEO), James Dear (Co-founder) ## Core Business - **Primary industry/industries**: Financial services – small business lending and embedded finance. - **Target customers**: B2B – small and medium-sized enterprises (SMEs) in the UK and Germany. - **Mission/purpose**: “Rebuild finance for small businesses” – to fund one million small businesses and give them straightforward access to finance without the friction of traditional banks. ## Products & Services - **Flexi-Loan (Core Product)**: Unsecured business loan from £1,000 to £1,000,000 (UK) / €500,000 (Germany). Apply in 5 minutes, decision within 24 hours, repay early for free. Interest from 1.5% per 30 days, terms up to 5 years. - **iwocaPay**: An integrated trade credit and payment solution that lets suppliers get paid instantly while giving trade customers up to £30,000 with instalment options (1, 3, or 12 months). - **iwoca Business Credit Card** (launched May 2026): Up to £250,000 credit line with 1% cashback on all spending, up to 42 days interest-free, no annual/FX/late payment fees. ## Market Standing - **Valuation**: Not publicly disclosed. - **Key Metric**: Total funding raised (including debt facilities) exceeds **£1 billion** since 2012; cumulative lending of approximately **£4 billion** to over **100,000 businesses**. - **Notable Investors/Partners**: Citibank, Insight Investment, Barclays, Värde Partners, Pollen Street Capital, Augmentum (led Series D in 2019), UK Government’s Capability & Innovations Fund. - **Growth Signals**: - Headcount grew ~30% in the past year (now ~500+ “iwocans”). - Loan book grew over 50% year-on-year. - Expanded into Germany (2015) and opened an office in Leeds. - Achieved net profitability in Q4 2022 and has remained profitable since. - Won “UK’s Top 50 Fintechs to Work For” (2025) by Welcome To The Jungle. ## Competitive Advantages - **Speed and technology**: Fully automated, lightning-fast lending software – first lender in the UK to use Open Banking to connect with large banks. - **Customer experience**: 5-minute application, 24-hour decision, free early repayment, Trustpilot-recognised customer service. - **Product innovation**: Launched iwocaPay (trade credit) and a business credit card, expanding beyond basic loans. - **Scale and data**: Over a decade of lending data and a proprietary credit analysis model that blends automation with human judgment. ## Strategic Focus - **Expand product suite**: Continue growing iwocaPay and the new business credit card to offer a full financial toolkit for SMEs. - **Geographic growth**: Deepen presence in Germany and the UK while maintaining profitability. - **Scale to one million businesses**: Increase loan book, approval volumes, and customer base through technology and partnerships. ## Why Work Here - **Culture**: Values-driven (“Growth Mindset”, “Humble”, “Smart”, “Motivated”). Emphasis on learning from mistakes, celebrating wins, and personal ownership. - **Flexibility**: Hybrid/remote-friendly with flexible working arrangements. Twice-yearly team trips to locations like Sicily or the French Alps for co-working weeks. - **Benefits**: Comprehensive health insurance, cash plan, discounted gym membership, annual stock options for all employees, enhanced maternity/paternity leave, nursery benefit, unlimited unpaid leave, dedicated learning time and budget. - **Office life**: Each floor of London HQ has stocked fridges for breakfast/snacks, monthly social mixers. - **Visa sponsorship**: Available for suitable roles. - **Recognition**: 4.7 rating on Glassdoor, named a top fintech employer in 2025. ## Sources 1. [iwoca.co.uk – Careers](https://www.iwoca.co.uk/careers) 2. [iwoca.co.uk – About Us](http://iwoca.co.uk/about-us) 3. [iwoca.co.uk – Homepage](https://www.iwoca.co.uk/) 4. [Wikipedia – Iwoca](https://en.wikipedia.org/wiki/Iwoca) 5. [LinkedIn – iwoca](https://uk.linkedin.com/company/iwoca) ## Other roles at iwoca - [Tech Lead - New Customers Team](https://feeny.ai/job/tech-lead-new-customers-team-iwoca-london-qhe1v3f20238) — London, United Kingdom - [Office Coordinator (Part-time)](https://feeny.ai/job/office-coordinator-part-time-iwoca-leeds-3vks7peydn2e) — Leeds, United Kingdom - [Broker Relationship Manager](https://feeny.ai/job/broker-relationship-manager-iwoca-london-q7xz8sg2mavb) — London, United Kingdom - [Broker Relationship Executive](https://feeny.ai/job/broker-relationship-executive-iwoca-london-tf6yretrdz12) — London, United Kingdom - [UK Communications Executive](https://feeny.ai/job/uk-communications-executive-iwoca-london-zs70h9hyfvps) — London, United Kingdom - [Data Scientist - Broker Flow](https://feeny.ai/job/data-scientist-broker-flow-iwoca-london-by2xet5qr21g) — London, United Kingdom - [Customer Success Advisor - German speaking](https://feeny.ai/job/customer-success-advisor-german-speaking-iwoca-london-48cdpzfx11c6) — London, United Kingdom - [Data Scientist - Partner Flow Team](https://feeny.ai/job/data-scientist-partner-flow-team-iwoca-london-6rd11qcj9rsj) — London, United Kingdom - [Account Manager](https://feeny.ai/job/account-manager-iwoca-leeds-jb98ycc6d9mf) — Leeds, United Kingdom - [Technical Recruiter](https://feeny.ai/job/technical-recruiter-iwoca-london-2ry44atbnjyp) — London, United Kingdom