At a Glance
- Tasks: Join the founding team to support M&A operations and lead innovative projects.
- Company: Be part of iwoca's exciting new venture, manda, in the fintech space.
- Benefits: Enjoy a competitive salary, flexible hours, and access to great office perks.
- Other info: Dynamic startup culture with opportunities for growth and learning.
- Why this job: Make a real impact in the SME market while gaining valuable experience.
- Qualifications: Strong academic background and interest in M&A or fintech required.
The predicted salary is between 2250 - 2500 € per month.
We’re looking for an M&A intern to join the founding team of manda, a new high‑growth venture within iwoca. Small business owners find it hard to sell their business due to information asymmetry, messy data, and a lack of access to capital, leading to an underserved SME market. Leveraging iwoca’s ability to build clean, efficient processes and our deep footprint in the SME economy, we are building a "Market Maker" model to fix this.
The Role
This is a paid off‑cycle internship lasting up to 6 months, with the potential to convert into a full‑time role. The programme is split into two distinct phases to give you both breadth of experience and depth of ownership.
- Phase 1: Core M&A Operations (First 2 Months)
- You will be placed into one or more of our core business functions depending on live deal flow and team priorities. You will be doing real day‑to‑day work, supporting the team where it matters most.
- Origination: You will help identify businesses that want to sell and secure their consent to represent them. This includes running our "Likely Seller" algorithms on internal data, conducting outreach, and qualifying inbound interest.
- Due Diligence Support: You will support company valuation and due diligence based on data provided from sell mandates. You’ll help turn raw SME data into clear reports that clarify the business model, financial position, and fair valuation.
- Deal Management: You will provide deal support across the active M&A pipeline. This includes managing CRM software, ensuring Virtual Data Rooms are populated correctly, and assisting in the coordination of buyer‑seller Q&A.
- Product & Data: You will analyse complex data to support TAP (tech, analytics, and product). This could include helping map the data schema for a "Digital IM", assisting in automating manual workflows, and turning friction points you identify into product requirements.
- Phase 2: The Project (Months 3–6)
- Once you build some foundation knowledge, you will create a project proposal together with manda’s Venture Lead to solve a specific problem or seize an opportunity identified. Upon approval, you will spend the remainder of your internship executing this project. You will be supported by and have regular check‑ins with the Lead of manda.
Who You Are
- You are both interested in Investment Banking and want to be at the forefront of FinTech innovation. Most importantly you are smart, motivated, humble and have a growth mindset.
- You are need‑driven: You are happy to get your hands dirty. Whether it’s fixing a broken spreadsheet, cold‑calling a lead, or cleaning up CRM data, you do what is needed to move the deal forward.
- You are financially literate: Comfortable with P&Ls, balance sheets, and cashflows. You can look at a set of accounts and ask the right questions.
- You are tech‑curious: You aren’t afraid of new tools and come with your own tech stack. You have interest in softwares that solve CRM, VDR, BI issues.
- You are a clear communicator: M&A is about trust. You can write clear, professional emails and aren’t afraid to pick up the phone.
The Requirements
- Available for a full‑time, off‑cycle placement for up to 6 months.
- Strong academic background (open to all disciplines, though Finance, Economics, or Business preferred).
- Any experience, projects, initiatives to showcase a genuine M&A or FinTech interest.
- Bonus: Experience in solving financing or data challenges that SMEs face.
The Salary
This is a paid internship and comes with annual compensation between £27,000 - £30,000. If the position is converted into full‑time employment, compensation will be re‑benchmarked against the new position.
The Culture
You’ll join the founding team building manda as a high‑growth venture within iwoca. We operate with the autonomy and pace of a startup, backed by the infrastructure of a proven fintech scale‑up. At iwoca, we prioritise a culture of learning, growth, and support. We encourage you to explore new areas of interest.
The Offices & Benefits
We put a lot of effort into making iwoca a great place to work: Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks. Events and clubs, like bingo, comedy nights, football, etc. Flexible working hours. Gym discounts and medical insurance access (subject to contract length). Company‑wide talks with internal and external speakers.
Compensation Range: £27K - £30K
M&A Intern - manda (iwoca’s M&A Platform) in Harrow employer: iwoca Deutschland
At iwoca, we pride ourselves on being an exceptional employer, particularly for those joining our innovative M&A team at manda. Our vibrant work culture fosters autonomy and growth, allowing interns to engage in meaningful projects while benefiting from a supportive environment that encourages exploration and learning. With competitive compensation, flexible working hours, and a range of social events, iwoca is dedicated to creating a rewarding experience for all employees in the heart of London.
StudySmarter Expert Advice🤫
We think this is how you could land M&A Intern - manda (iwoca’s M&A Platform) in Harrow
✨Tip Number 1
Network like a pro! Reach out to people in the M&A and FinTech space on LinkedIn. Don’t be shy; drop them a message, ask about their experiences, and express your interest in the field. You never know who might have a lead or advice for you!
✨Tip Number 2
Prepare for interviews by researching iwoca and its M&A platform, manda. Understand their mission and how they’re tackling the SME market. This will help you stand out and show that you’re genuinely interested in being part of their journey.
✨Tip Number 3
Practice your pitch! Be ready to explain why you’re the perfect fit for the M&A intern role. Highlight your skills, your passion for FinTech, and any relevant projects or experiences. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re proactive and serious about joining the team at iwoca. Let’s get you that internship!
We think you need these skills to ace M&A Intern - manda (iwoca’s M&A Platform) in Harrow
Some tips for your application 🫡
Show Your Passion for M&A:When writing your application, let us see your genuine interest in M&A and FinTech. Share any relevant projects or experiences that highlight your enthusiasm and understanding of the industry.
Be Clear and Concise:We appreciate clear communication, so make sure your application is easy to read. Avoid jargon and keep your sentences straightforward. This will help us understand your thoughts without any confusion.
Tailor Your Application:Don’t just send a generic application! Tailor your CV and cover letter to reflect the specific skills and experiences that align with the M&A intern role at manda. Show us why you’re the perfect fit!
Apply Through Our Website:To make sure your application gets to us directly, apply through our website. It’s the best way to ensure we see your application and can consider you for this exciting opportunity!
How to prepare for a job interview at iwoca Deutschland
✨Know Your M&A Basics
Before the interview, brush up on your M&A knowledge. Understand key concepts like due diligence, valuation methods, and deal structures. This will show that you're not just interested in the role but also have a solid grasp of what it entails.
✨Showcase Your Tech Curiosity
Since the role involves working with various tech tools, be prepared to discuss any software or tools you’ve used in the past. Highlight your experience with CRM systems or data analysis tools, and express your eagerness to learn new technologies.
✨Prepare Real-World Examples
Think of specific instances where you've tackled challenges similar to those faced in M&A. Whether it's cleaning up data or conducting outreach, having concrete examples will help you demonstrate your problem-solving skills and hands-on approach.
✨Communicate Clearly and Confidently
M&A is all about trust and communication. Practice articulating your thoughts clearly and professionally. Be ready to explain complex ideas simply, as this will reflect your ability to communicate effectively with clients and team members alike.
