iwoca lets small businesses borrow £1,000-200,000 in a couple of clicks, basing its decisions on a business’ performance rather than just a credit score.

In the first quarter of 2018 alone it has approved 3,500 small businesses for credit facilities, far more than any other challenger bank, and nearly matching HSBC’s or Barclays’ business overdraft approvals.

It has reached profitability.

Click here to see more of 101 FinTech Disrupters.