| Type | Private |
| HQ | Greater London, GB |
| Founded | 2007 |
| Size (employees) | 465 (est)-3% |
| Website | wonga.com |
Wonga was founded in 2007 and is headquartered in Greater London, GB
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Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Wonga
Andy Haste
Group Chairman
Tara Kneafsey
Group CEO
Tarah Lourens
Group CTO
Tommy Jordan
Uk CEO
Brett van Aswegen
CEO - Wonga South Africa
Marcin Borowiecki
CEO - Wonga Poland
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Wonga Office Locations
Wonga has an office in Greater London
Greater London, GB (HQ)
88 Crawford St
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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 | 4 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's latest funding round in August 2018 was reported to be $13 m. In total, Wonga has raised $158.6 m
Wonga Revenue
Wonga's revenue was reported to be £76.69 m in FY, 2016
| 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 |
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Wonga Online and Social Media Presence
22.3k Twitter followers
Wonga has 22.3k Twitter Followers. The number of followers has decreased 0.6% month over month and decreased 1.6% quarter over quarter
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Wonga News and Updates
December 05, 2018
Monzo is 'absolutely not' the next Wonga, says founder
Monzo is “absolutely not” going to be the next Wonga, its founder has said, amid speculation the digital bank was planning to move into the high-cost loan space. Tom Blomfield, whose up-and-coming challenger bank this morning completed a landmark £20m crowdfunding round powered by its own custome…
September 11, 2018
British payday lender CashEuroNet UK racks up more complaints than Wonga
Complaints about British payday
lender CashEuroNet UK shot up by more than 200 percent in the
first half of this year - more than double the rate that drove
rival Wonga into administration, data published on Wednesday
showed.
Wonga, Britain's most well-known lender offering short-term,
high in…
August 31, 2018
Wonga collapse leaves Britain's other payday lenders in firing line
The collapse of Britain's biggest
payday lender Wonga is likely to turn up the heat on its rivals
amid a surge in grievances by customers and calls by some
politicians for tighter regulation.
August 30, 2018
Struggling Wonga stops offering new loans
As it nears collapse, British payday lender Wonga has stopped accepting new loan applications and he...
August 30, 2018
Wonga enters administration
British payday lender Wonga has collapsed into administration, overwhelmed by a surge in customer co...
August 30, 2018
Cash-strapped Wonga has stopped accepting new loans
UK payday loans firm Wonga, whose investors include high profile European VC firms Accel and Balderton, appears to be teetering on the brink of collapse as it’s stopped taking new loans. A spokeswoman for the company confirmed to TechCrunch it is not accepting new loan applications. She sent us the …
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Wonga Company Life and Culture
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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 465 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 £164.9 k.
Who are Wonga competitors?
Competitors of Wonga include Arroweye Solutions, Qiwi and Billtrust.
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.