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.

London, GB
Size (employees)
504 (est)+4%
Wonga was founded in 2007 and is headquartered in London, GB
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Key People/Management at Wonga

Andy Haste

Andy Haste

Group Chairman
Tara Kneafsey

Tara Kneafsey

Group CEO
Tarah Lourens

Tarah Lourens

Group CTO
Tommy Jordan

Tommy Jordan

Brett van Aswegen

Brett van Aswegen

CEO - Wonga South Africa
Marcin Borowiecki

Marcin Borowiecki

CEO - Wonga Poland
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Wonga Office Locations

Wonga has offices in Castelldefels, Warszawa, Dublin and London
London, GB (HQ)
88 Crawford Street
Dublin, IE
Blood Stoney Rd
Warszawa, PL
2 Stanisława Żaryna
Castelldefels, ES
335 Passeig del Ferrocarril
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Wonga Financials and Metrics

Summary Metrics

Founding Date


Wonga total Funding

$158.6 m

Wonga latest funding size

$13 m

Time since last funding

13 days ago

Wonga investors

Wonga's latest funding round in August 2018 was reported to be $13 m. In total, Wonga has raised $158.6 m
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Wonga Revenue

Embed Graph
Wonga's revenue was reported to be £76.69 m in FY, 2016

Revenue (FY, 2016)

76.7 m

Gross profit (FY, 2016)

47 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(67.2 m)

EBITDA (FY, 2016)

(59.6 m)

EBIT (FY, 2016)

(64.1 m)

Cash (31-Dec-2016)

22.2 m
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


18.6 m56.9 m184.7 m309.3 m314.7 m217.2 m65.2 m76.7 m

Revenue growth, %


Cost of goods sold

11.9 m20.9 m74.9 m139.4 m141.2 m104.3 m27.4 m29.7 m

Gross profit

6.7 m36.1 m109.7 m169.9 m173.5 m112.9 m37.7 m47 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


1.7 m3 m10.8 m61.2 m64.6 m105.8 m109.2 m124.8 m36.2 m22.2 m

Accounts Receivable

810.1 k3 m6.1 m31.7 m69.3 m100.4 m109.8 m43.4 m25 m37 m

Current Assets

2.6 m6 m17.1 m93.8 m135 m212.3 m229.2 m187.3 m120.3 m113.4 m


32.5 k169.5 k213.7 k279 k1.1 m1.8 m6 m9.1 m5.3 m2.5 m
GBPFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.5 m12.4 m45.8 m62.6 m30.6 m(43.6 m)(77.6 m)(67.2 m)

Cash From Operating Activities

(4.1 m)(2.4 m)16.5 m45.5 m49.6 m41.4 m(81.8 m)(30.7 m)

Cash From Financing Activities

15.2 m54 m(9.6 m)4.7 m(30.5 m)(3.4 m)(10 k)24.5 m

Net Change in Cash

10.5 m50.5 m3.4 m41.1 m5.5 m15.5 m(81.8 m)(8.7 m)
GBPY, 2016


170.6 k

Financial Leverage

5.1 x
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Wonga Online and Social Media Presence

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Wonga News and Updates

Regulation didn't wipe out Wonga - losing its reputation did

WHEN PAYDAY LENDER Wonga launched in 2007, it was tipped to become a £1bn success story. Today, the company is worth just £23m and has only managed to avoid insolvency thanks to a last-minute £10m boost from investors. So what went wrong?   Ultimately, it comes down to reputation. Wonga's publ…

Wonga rescued by £10m bailout from tech investors

Short-term lender Wonga has been saved from bankruptcy through a £10m bailout from a consortium of technology investors, reports today have revealed.  The company has been saved by a number of prominent investors after its chief exec warned shareholders the firm was on the brink of collapse a few…

5 steps to take if your personal data has been breached

Data breaches like Talk Talk, Three and Wonga continue to make headlines and shine a light on concerns regarding the protection of private data and personally identifiable information (PII). UK consumers continue to be caught up in the aftermath, but fortunately there are steps you can take to avoi…

Top 5 worst data breaches to hit the UK

The next major breach is innevitable, and the numbers affected are only growing. The post Top 5 worst data breaches to hit the UK appeared first on Computer Business Review.

One year until GDPR: The City speaks out about the overhaul of data regs

Exactly one year from today, “the most lobbied piece of legislation in history” – the EU’s General Data Protection Regulation (GDPR) – will be enacted, radically overhauling the relationship businesses have with personal data through a raft of new obligations and consumer rights. The way firms co…

How is cyber security changing in 2017?

The security of business technology systems is no longer just an issue for the IT department. Mistakes make front page news which means getting cyber security right is a key responsibility for directors and the board. The post How is cyber security changing in 2017? appeared first on Computer Busine…
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Wonga Company Life and Culture

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