Back End Engineer, iwoca
Partner Flow
£60-85k
+ Employee equity incentive scheme
Online loans for small businesses
Be an early applicant
Online loans for small businesses
201-500 employees
Be an early applicant
£60-85k
+ Employee equity incentive scheme
201-500 employees
Company mission
To fund one million small businesses.
Role
Who you are
- Experience designing and building scalable back-end systems, ideally in Python
- Experience working with relational databases, ideally PostgreSQL, with an understanding of performance and maintainability considerations
- Experience building and maintaining APIs that are easy to use, reliable, and well-documented
- Experience managing projects end to end, from understanding business problems to designing and delivering technical solutions
- Pragmatism in balancing delivery speed with long-term system health
- Clear, concise written and verbal communication, focusing on outcomes and impact
- A genuine team player: you support your teammates, share knowledge, and care about the team's success as much as your own
- AI fluency. Experience using AI coding tools to accelerate real delivery, and a genuine interest in getting better at it - with a pragmatic sense of where it adds value and where it doesn't
Desirable
- Front-end development experience, particularly with React and Typescript
- Experience with DevOps practices, including containerisation and CI/CD pipelines
- Experience with experimentation (e.g. A/B tests or RCTs) or using data to drive product decisions
- Working knowledge of modern data tooling - ideally Snowflake and dbt - used to build analytical or reporting pipelines
What the job involves
- We’re looking for a Back End Engineer to join the Partner Flow team
- This role is a chance to shape how thousands of small businesses find their way to iwoca
- You'll join the team that owns iwoca's partner integrations — the Lending API and embedded flows that let third-party platforms, from major banks to fintechs, offer iwoca loans inside their own customer journeys
- You'll own projects, collaborate with stakeholders, and design robust systems to deliver important functionality and measurably improve the experience for our partners and customers
- Iwoca partners with a variety of third-party platforms, ranging from large banks and comparison sites to small fintechs that serve SME customers. These partners use iwoca’s Lending API to embed iwoca loans into their own customer journey. Partnerships are an important and fast-growing source of customers for iwoca
- The Partner Flow team builds new features and optimises existing flows to provide the best possible experience for iwoca's partners and the customers they refer to us. The team’s responsibilities include:
- Continually improving our Lending API and other developer tools, so that partners can integrate with iwoca quickly and easily
- Adding new functionality to facilitate deeper integrations and ensure iwoca is the best embedded finance provider on the market
- Improving the conversion rate of customers who come to us through partners - streamlining the journey, running RCTs (randomised control trials) and building models alongside our embedded data scientist to find what works
- The team is made up of three engineers, a data scientist plus a team lead, working closely with an internal team of commercial stakeholders. This role is one of two new engineering hires as we grow the team to meet our ambition
- Partner Flow is remote/hybrid-friendly, meeting up for team days in the office once or twice a month, but not on a fixed schedule. They work in an Agile fashion with two-week sprints and a daily standup
- You’ll work on challenging projects all over iwoca’s codebase - anywhere there are improvements to be made for partners and partner-referred customers. You’ll be encouraged to bring your own ideas and take responsibility for areas of functionality
- Own features and projects from scoping and design through to production
- Collaborate with other engineers to meet the team’s goals, whilst being trusted to define your own solutions and work independently on your part of the problem
- Design and maintain robust, flexible, and maintainable systems to ensure scalability and fast-paced development
- Deliver new functionality critical to onboarding important new partners
- Run experiments (RCTs) and optimise the funnel to measurably improve how partner-referred customers convert
- Leave code, docs, and processes in better shape than you found them
- Work on systems that genuinely help businesses get the funding they need
- Collaborate with our partners and internal stakeholders to design effective solutions
- Use data to make decisions, uncover insights, and refine strategies
- We're pushing hard on AI-assisted development. Engineers here write clear technical specs, let skills and agents implement boiler-plate, and hold a high bar on code review — the person, not the model, is accountable for what merges. We expect AI output to be validated for correctness, performance and security like any other change
- We give the team unlimited tokens across all models and expect people to experiment
Salary benchmarks
Our take
UK SMEs are the backbone of a complex economy that is constantly changing, so the need for fast and responsive access to finance is becoming more and more important to ensure their success and growth. iwoca allows SMEs access to business loans in less than a minute, with its API and business marketplace partnerships.
With offerings like iwoca's, gone are the days where waiting up to eight weeks for a loan decision was viable. Its simplified business loans of £1,000 - £500,000 come with no fees attached, and applying online takes no more than five minutes. The ready availability of iwoca loans gives business owners a level of certainty, so that they can make instant decisions to help their business grow.
iwoca has made a number of partnerships with other players in the business finance space, including an impressive industry-first invoice checkout integration with QuickBooks. Funding raised by the company, which is now operating at net profitability, will enable it to meet a recent surge in demand for corporate loans and offer more to larger SMB businesses. And the company has made several billion in funding available to over 100,000 businesses since launching, positioning itself as a leading European fintech.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 8 rounds)
Aug 2025
$15.9m
SERIES D
Aug 2019
$13.4m
GRANT
Total funding: $113.3m
Company benefits
- Work where you work best: Twice a year we rent houses in places like Sicily and the French Alps where each team can work together for a week poolside. We champion flexible working in all our teams
- Invest in iwoca: We want people to be invested in iwoca's success so after six months you'll be awarded share options
- Keep yourself healthy: We offer comprehensive health insurance and cash plans. You'll also get gym discounts and we host yoga classes in the office every week
- Start (and end) your day right: Each floor of iwoca HQ has a fully stocked fridge for breakfast and every Friday we unwind with beers and wine
- Life-work balance: We know your life outside of work comes first. We offer enhanced maternity and paternity leave for new parents plus a nursery benefit. We also have unlimited unpaid leave
- Learning and development: Whether you want to learn to code, experiment with motion design, or beat cognitive biases, you'll have time and budget to invest in your professional development
Company values
- Motivated: Going to work shouldn't feel like a slog, so we want everyone in the team to personally care about what they're working on. We stay motivated by celebrating our wins, learning from our mistakes, and always looking for new gaps to step into
- Smart: At iwoca being smart isn't about what you know, it's about how you think. Smart thinking means looking at each problem by asking ‘why’ first, then figuring out ‘how’
- Humble: We know all ideas are flawed, all code has bugs, and everyone makes mistakes - it’s how we learn. For us, being humble means you question yourself first, rather than your team
- Growth Mindset: We think there's always a better way to solve a problem. So we never let ourselves get comfortable with being good enough
Company HQ
Fitzrovia, London, UK
Articles
Leadership
Christoph Rieche
(Co-Founder & CEO)Previously spent 7 years at Goldman Sachs as a Vice President before co-founding iwoca in 2011.
Joost Versteeg
(CMO)Joost initially joined iwoca in 2017 as an Intern. Since then, they have held a number of roles, from Growth Analyst to Head of Commercial Strategy and became CMO in 2024.
People progressing
Serita joined as a Customer Onboarder, before moving into the Broker Team. Most recently they have been promoted to Partnership Manager.
Leo joined in 2018 as a Client Onboarder. Since then, they have worked in a number of roles and now serve as the Product Manager.
Jenny originally joined the Client Onboarding team and now leads the Customer Success department for the German business.
Diversity, Equity & Inclusion at iwoca
- We work hard to make iwoca a place where everyone feels welcome, where you can confidently be yourself. We understand that diversity isn't an optional add-on, it's the core ingredient of what makes us great.
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