We are an international finance company using technology to meet customers’ financial needs in a transparent, convenient and responsible way. Lending in nine countries, we serve consumers and businesses via two distinct brands – Wonga.com (consumer loans) and BillPay (online payments). Our products are real-time, 24/7 and entirely online and mobile. Headquartered out of London and backed by leading global investors, we employ hundreds of people with over 40 different nationalities. Chaired by Andy Haste (formerly Chief Executive of FSTE 100 insurance company, RSA) we are going through a major programme of change to ensure we build a company with a sustainable future. With a new senior leadership team in place, we are reimagining the business and are looking for individuals with the skills, experience and customer focused attitude to be part of this positive transformation with us.
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

Key People at Wonga

Jason Goodman

Jason Goodman

Investor
Ben Godfrey

Ben Godfrey

Head of Product Delivery

Wonga Office Locations

Wonga has offices in London and Dublin
London, GB (HQ)
88 Crawford Street

Wonga Data and Metrics

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.
Numbers are in £, 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
Numbers are in £, 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)
Numbers are in £, 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
Numbers are in £, 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
Numbers are in £, 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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