Wonga logo — company profile

Wonga

Founded 2007 United Kingdom London, United Kingdom 190 employees Series Unknown Total: $111.25M Finance, Financial Services +1

General Information

Company Name Wonga
Founded Year 2007
Location United Kingdom London, United Kingdom +2
Employees 190
Industries Finance, Financial Services, Fintech
Funding Stage Series Unknown
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About Wonga

Wonga is an innovative player in the FinTech sector with a focus on disrupting traditional consumer lending. Established in 2007 and headquartered in the United Kingdom, Wonga addresses the needs of "underserved" customers across four different countries, backed by notable investors like Balderton Capital.

With over 500 employees, Wonga emphasizes Agile & Lean methodologies to adapt quickly to market and customer demands, reflecting a commitment to continuous improvement and innovation in their services. The company's ethos revolves around fair customer treatment and a collaborative problem-solving approach, which resonates well in today's customer-centric financial landscape.

In its latest venture round on 05 August 2018, Wonga secured a £10.00M investment, showcasing investor confidence in its growth trajectory and market potential. For potential investors, Wonga represents a dynamic opportunity in the evolving financial services industry.

Services & Products

online lending
personal loans
credit assessment
quick loan approval
customer service

Target Customers

individuals borrowers people in need of quick loans

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
05 Aug 2018
Series C •••••• 3
Investor Investor Investor
16 Feb 2011
Series B •••••• 2
Investor Investor
08 Jun 2009
Series A •••••• 2
Investor Investor
01 Jun 2007
Seed Round •••••• 1 •••• •••• 11 Jan 2006

Wonga Alternatives & Competitors

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FAQ About Wonga

We are a pioneering international FinTech company, which is disrupting the traditional consumer lending space by providing solutions for “underserved” customers. Headquartered in London and backed by leading global investors, we employ over 500 people in four different countries. We believe in trea...
Wonga was founded in 2007.
Wonga is headquartered in London, United Kingdom.
Wonga operates in the following industries: Finance, Financial Services, Fintech.
Wonga has approximately 190 employees.
Wonga has completed 5 funding rounds, raising a total of $111.25M. The latest funding stage is Series Unknown.
Wonga offers: online lending, personal loans, credit assessment, quick loan approval, customer service.
Top alternatives and competitors to Wonga include 10xNode, Systemate A/S, Optosafe Ltd, McCarty Equipment Co., Ltd., Interest Smart Home Loans. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wonga and 10xNode are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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