Our take

UK lender iwoca launched toro on 21 October. It is a free tool that spots what's newsworthy in a small business update and turns it into a press release, social posts and pitches, aimed at media coverage and visibility in AI search.

It deliberately has no mass distribution. Users must edit the materials and contact the suggested journalists personally. Its builder, Mark Di-Toro, says he "intentionally didn't build a tool that fires out thousands of pitches".

The launch cites Muck Rack research that 84% of the sources AI tools cite are earned media. That is iwoca's own release, and I haven't checked it against the original.

My read: a lender giving this away is also a way to meet small businesses. The tool is useful either way, as long as you do the human part.