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)
Type
Private
HQ
London, GB
Founded
2007
Size (employees)
470 (est)+2%
Website
wonga.com
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

2007

Total Funding

$145.6 m

Latest funding size

$117.3 m

Time since last funding

over 6 years

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 Financial Metrics

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

Revenue (FY, 2015)

51.7 m

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

(70%)

Gross profit (FY, 2015)

2.9 m

Gross profit margin (FY, 2015), %

6%

Net income (FY, 2015)

(76.5 m)

Cash (31-Dec-2015)

43 m
£, GBPFY, 2013FY, 2014FY, 2015

Revenue

290.2 m170.2 m51.7 m

Revenue growth, %

(41%)(70%)

Cost of goods sold

277 m171.2 m48.8 m

Gross profit

13.2 m(1 m)2.9 m

Gross profit Margin, %

5%(1%)6%

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

Cash

109.2 m124.8 m43 m

Accounts Receivable

109.8 m43.4 m41.1 m

Current Assets

229.2 m187.3 m114.9 m

PP&E

12 m14 m11.4 m

Goodwill

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

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

Revenue/Employee

100.7 k

Financial Leverage

1.6 x

Wonga Online and Social Media Presence

Wonga News and Updates

Wonga Company Life and Culture

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