Wonga is an international finance company using technology to meet customers’ financial needs in a transparent, convenient and responsible way. The Company utilizes fully automated risk processing technology to provide short-term, unsecured personal loans online, including via tablet and mobile app.

Company Growth (employees)
London, GB
Size (employees)
445 (est)
Wonga was founded in 2007 and is headquartered in London, GB

Wonga Office Locations

Wonga has offices in London and Dublin
London, GB (HQ)
88 Crawford Street

Wonga Data and Metrics

Summary Metrics

Founding Date


Total Funding

$145.6 m

Latest funding size

$117.3 m

Time since last funding

over 6 years


Wonga's latest funding round in February 2011 was reported to be $117.3 m. In total, Wonga has raised $145.6 m

Wonga Financial Metrics

Wonga's revenue was reported to be £51.7 m in FY, 2015 which is a 70% decrease from the previous period.

Revenue (FY, 2015)

51.7 m

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

2.9 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

(76.5 m)

Cash (31-Dec-2015)

43 m
GBPFY, 2013FY, 2014FY, 2015


290.2 m170.2 m51.7 m

Revenue growth, %


Cost of goods sold

277 m171.2 m48.8 m

Gross profit

13.2 m(1 m)2.9 m

Gross profit Margin, %


Operating expense total

16.6 m13.6 m45.4 m

Pre tax profit

39.7 m(38.1 m)(80.2 m)

Net Income

30.6 m(43.6 m)(76.5 m)
GBPFY, 2013FY, 2014FY, 2015


109.2 m124.8 m43 m

Accounts Receivable

109.8 m43.4 m41.1 m

Current Assets

229.2 m187.3 m114.9 m


12 m14 m11.4 m


28 m12.7 m10.9 m

Total Assets

269.1 m214 m137.3 m

Accounts Payable

19.7 m15.5 m30.3 m

Current Liabilities

62.9 m49 m51.6 m

Total Liabilities

64.9 m50.7 m53.1 m

Retained Earnings

30.6 m(43.6 m)(76.5 m)

Total Equity

204.2 m163.3 m84.1 m

Financial Leverage

1.3 x1.3 x1.6 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

49.6 m41.4 m(81.8 m)

Cash From Financing Activities

(30.5 m)(3.4 m)(10 k)

Income Taxes Paid

(9.1 m)(5.5 m)3.7 m
GBPY, 2015


100.7 k

Financial Leverage

1.6 x

Traffic Overview of Wonga

Wonga Online and Social Media Presence

Wonga News and Updates

Will Wonga pay a price for its customer data breach?

Over the last few years a number of high-profile brands have seen their customers’ data compromised – as the result of a deliberate hack or because of inadequate security procedures. The latest brand to suffer is Wonga. Earlier this month the payday loan provider suffered a data breach and warned…

Payday lender Wonga hacked, 270,000 customers’ data stolen

Another day, another security breach. UK-based payday loan lender Wonga said in a statement on Sunday that its network had been hacked, leading to the theft of 270,000 customers’ private data (including 245,000 in the UK and 25,000 in Poland). The information stolen includes names, addresses, phone …

Pay day loan firm Wonga suffers data breach affecting up to 270,000

 Payday loan firm Wonga has suffered a data breach affecting up to 245,000 customers in the UK. A further 25,000 customers in Poland may also be affected, according to the BBC. Read More

All going wronga at Wonga: Data of 270,000 customers stolen in cyber attack

Personal details of 245,000 UK customers of payday lender Wonga may have been stolen in a data breach discovered last week. City A.M. understands that information including name, email address, home address, phone number, bank account number and sort code may have been stolen. The data breach als…

Why the P2P firms of the future should look to Wonga

Is payday lender Wonga the only alternative finance business that actually addressed credit demand among poor people? A regulatory crackdown on the industry has pushed the most disadvantaged in this country towards hire purchase firms, where they “buy” something on credit, sell it on almost immed…

How the founder of 'legal loan shark' Wonga made a comeback as London's fintech messiah

Short-term, high-interest lender Wonga was one of Britain's most controversial and fastest-growing businesses. The government forced it to write off hundreds of millions of pounds in loans in 2014 and Wonga's CEO and founder left the business. While the business has flound…
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Wonga Company Life and Culture

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