Wonga news and trends

Why Wonga Finally Called It Quits
Alternative Finances // September 04, 2018

U.K. payday lending startup Wonga has come to the end of the road, having filed for administration (similar in concept to bankruptcy in the U.S.) in the closing days of last week. The firm has confirmed that it has appointed Grant Thornton as administrators who...

Wonga Stops Taking New Loan Applications
Loans // August 30, 2018

Wonga, the U.K.-based payday lender, has halted accepting new loan applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Payday Lender Wonga Gets £10M Lifeline
Investments // August 06, 2018

Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Hacker Tracker: DataVisor’s Global Insight Into Online Fraud
Security & Fraud // April 14, 2017

While the fraud ecosystem continues to rapidly develop and advance, big data may prove itself to be a strong weapon in combatting fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Interviews & Exclusives
Why Wonga Finally Called It Quits

September 04, 2018
U.K. payday lending startup Wonga has come to the end of the road, having filed for administration (similar in concept to bankruptcy in the U.S.) in the closing days of last week. The firm has confirmed that it has appointed Grant Thornton as administrators who will handle the details for four of Wonga’s business units: […]

Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle

April 14, 2017
How to construct a payments platypus of sorts — you know, a mish-mosh of opposites that may not on the surface dovetail well but still get put together once in...

Quick Reads
Post-Wonga Collapse, FCA Scrutinizes Payday Lenders

October 16, 2018
Britain’s financial regulator has sent a warning to payday lenders after rising complaints following the collapse of Wonga. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you […]

Wonga Stops Taking New Loan Applications

August 30, 2018
Wonga, the U.K.-based payday lender, has halted accepting new loan applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payday Lender Wonga Gets £10M Lifeline

August 06, 2018
Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. Get the Full Story Complete the form to unlock this...

Hacker Tracker: DataVisor’s Global Insight Into Online Fraud

April 14, 2017
While the fraud ecosystem continues to rapidly develop and advance, big data may prove itself to be a strong weapon in combatting fraud. Get the Full Story Complete the form...