OverviewSuggest Edit
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.
... Show more| Type | Private | |
| Founded | 2007 | |
| HQ | Greater London, GB | Map |
| Website | wonga.com | |
| Employee Ratings | More |
Latest Updates
| Employees (est.) (Feb 2019) | 433 | (-6%) |
| Revenue (FY, 2016) | £76.7 M | (+18%) |
Key People/Management at Wonga
Andy Haste
Tara Kneafsey
Tarah Lourens
Tommy Jordan
Brett van Aswegen
Marcin Borowiecki
Wonga Office Locations
Wonga Financials and Metrics
Summary Metrics
Founding Date | 2007 |
Wonga total Funding | $158.6 m |
Wonga latest funding size | $13 m |
Time since last funding | 7 months ago |
Wonga investors | Dawn Capital, 83North, Meritech Capital Partners, Wellcome Trust, Localglobe, Balderton Capital, Accel Partners, Oak Investment Partners, HV Holtzbrinck Ventures, Accel |
Wonga Revenue
| GBP | |
|---|---|
Revenue (FY, 2016) | 76.7m |
Gross profit (FY, 2016) | 47.0m |
Gross profit margin (FY, 2016), % | 61.2% |
Net income (FY, 2016) | (67.2m) |
EBITDA (FY, 2016) | (59.6m) |
EBIT (FY, 2016) | (64.1m) |
Cash (31-Dec-2016) | 22.2m |
| GBP | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|
Revenue | 18.6m | 56.9m | 184.7m | 309.3m | 314.7m | 217.2m | 65.2m | 76.7m |
Revenue growth, % | (41%) | (70%) | ||||||
Cost of goods sold | 11.9m | 20.9m | 74.9m | 139.4m | 141.2m | 104.3m | 27.4m | 29.7m |
Gross profit | 6.7m | 36.1m | 109.7m | 169.9m | 173.5m | 112.9m | 37.7m | 47.0m |
| GBP | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.7m | 3.0m | 10.8m | 61.2m | 64.6m | 105.8m | 109.2m | 124.8m | 36.2m | 22.2m |
Accounts Receivable | 810.1k | 3.0m | 6.1m | 31.7m | 69.3m | 100.4m | 109.8m | 43.4m | 25.0m | 37.0m |
Current Assets | 2.6m | 6.0m | 17.1m | 93.8m | 135.0m | 212.3m | 229.2m | 187.3m | 120.3m | 113.4m |
PP&E | 32.5k | 169.5k | 213.7k | 279.0k | 1.1m | 1.8m | 6.0m | 9.1m | 5.3m | 2.5m |
| GBP | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|
Net Income | 2.5m | 12.4m | 45.8m | 62.6m | 30.6m | (43.6m) | (77.6m) | (67.2m) |
Cash From Operating Activities | (4.1m) | (2.4m) | 16.5m | 45.5m | 49.6m | 41.4m | (81.8m) | (30.7m) |
Cash From Financing Activities | 15.2m | 54.0m | (9.6m) | 4.7m | (30.5m) | (3.4m) | (10.0k) | 24.5m |
Net Change in Cash | 10.5m | 50.5m | 3.4m | 41.1m | 5.5m | 15.5m | (81.8m) | (8.7m) |
| GBP | Y, 2016 |
|---|---|
Revenue/Employee | 170.6k |
Financial Leverage | 5.1 x |
Wonga Online and Social Media Presence
22.05k Twitter followers
Wonga has 22.05k Twitter Followers. The number of followers has decreased 0.7% month over month and decreased 1.7% quarter over quarter
Wonga News and Updates
Monzo is 'absolutely not' the next Wonga, says founder
British payday lender CashEuroNet UK racks up more complaints than Wonga
Wonga collapse leaves Britain's other payday lenders in firing line
Struggling Wonga stops offering new loans
Wonga enters administration
Cash-strapped Wonga has stopped accepting new loans
Wonga Company Life and Culture
Wonga Frequently Asked Questions
When was Wonga founded?
Wonga was founded in 2007.
Who are Wonga key executives?
Wonga's key executives are Andy Haste, Tara Kneafsey and Tarah Lourens.
How many employees does Wonga have?
Wonga has 433 employees.
What is Wonga revenue?
Latest Wonga annual revenue is £76.7 m.
What is Wonga revenue per employee?
Latest Wonga revenue per employee is £177.1 k.
Who are Wonga competitors?
Competitors of Wonga include Arroweye Solutions, Payment Data Systems and Mi-Pay.
Where is Wonga headquarters?
Wonga headquarters is located at 88 Crawford St, Greater London.
Where are Wonga offices?
Wonga has an office in Greater London.
How many offices does Wonga have?
Wonga has 1 office.