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.

Type
Private
HQ
London, GB
Founded
2007
Size (employees)
477 (est)
Website
wonga.com
Wonga was founded in 2007 and is headquartered in London, GB
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Key People/Management at Wonga

Tara Kneafsey

Tara Kneafsey

Group CEO
Jo Baker

Jo Baker

Group CFO
Andy Haste

Andy Haste

Group Chairman
Tarah Lourens

Tarah Lourens

Group CTO
Alex Moon

Alex Moon

Group GC
Brett van Aswegen

Brett van Aswegen

CEO - Wonga South Africa
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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

2007

Total Funding

$145.6 m

Latest funding size

$117.32 m

Time since last funding

7 years ago

Investors

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

Wonga Financials

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

Revenue (FY, 2016)

76.7 m

Gross profit (FY, 2016)

47 m

Gross profit margin (FY, 2016), %

61.2%

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

Revenue

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

Revenue growth, %

(41%)(70%)

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, 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

Revenue/Employee

170.6 k

Financial Leverage

5.1 x
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Wonga News and Updates

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…

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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