Wonga

13 results about this entity

Period: 08 Jun 2009 - 30 Aug 2018

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Wonga enters administration

Wonga enters administration

British payday lender Wonga has collapsed into administration, overwhelmed by a surge in customer compensation claims.

Payday loan firm hit by data breach

Payday loan firm hit by data breach

Wonga, a prominent UK payday loan firm, has warned 270,000 of its customers that their accounts may be at risk following a data breach.

Klarna agrees £60 million deal to acquire Wonga's BillPay

Klarna agrees £60 million deal to acquire Wonga's BillPay

Fast-growing Swedish payments startup Klarna has acquired Germany's BillPay, a Berlin-based consumer financing outfit owned by UK payday lender Wonga.

Wonga acquires German online payments firm BillPay

Wonga acquires German online payments firm BillPay

Payday loan outfit Wonga is moving into the online payments market with the acquisition of BillPay, dubbed the PayPal of Germany.

Wonga takes on credit cards with e-finance loans

Wonga takes on credit cards with e-finance loans

Payday lender Wonga is to expand its business into longer-term financing for online retail purchases.

Wonga in talks to buy US small biz lender - Bloomberg

Wonga in talks to buy US small biz lender - Bloomberg

British payday lender Wonga is in talks to buy On Deck Capital, a US provider of loans to small businesses, for up to $250 million, according to Bloomberg.

OFT warns payday lenders as Wonga apologises to MP over Twitter abuse

OFT warns payday lenders as Wonga apologises to MP over Twitter abuse

As the UK's Office of Fair Trading (OFT) writes to payday lenders warning them over their conduct, the industry's most notorious practitioner, Wonga, has been forced to apologise to its fiercest critic, MP Stella Creasy, for a savage, anonymous Twitter attack.

Wonga ponders £1bn US float

Wonga ponders £1bn US float

British payday lender Wonga is looking across the pond at a possible £1 billion floatation on a US stock exchange, according to the Telegraph.

Wonga starts lending to businesses

Wonga starts lending to businesses

Controversial payday lender Wonga has set its sights on small businesses, promising to use its automated, real-time decision technology to get cash to firms within 15 minutes.

After fierce protest, Wonga withdraws student loans information

After fierce protest, Wonga withdraws student loans information

Controversial payday loan outfit Wonga has bowed to pressure from student groups and consumer campaigners and removed inducements aimed at undergraduates from its Web site following a storm of criticism over its tactics in targeting debt-laden students.

Wonga secures £73 million funding

Wonga secures £73 million funding

London-based online credit outfit Wonga has completed a £73 million funding round led by US venture capitalist Oak Investment Partners.

Wonga turns iPhone into 'virtual cash machine'

Wonga turns iPhone into 'virtual cash machine'

London-based online credit start-up Wonga has launched a mobile app that offers instant short-term loans over the iPhone to approved applicants.

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