Wonga

Post-Wonga Collapse, FCA Scrutinizes Payday Lenders
Post-Wonga Collapse, FCA Scrutinizes Payday Lenders
October 16, 2018  |  Regulation

Britain’s financial regulator has sent a warning to payday lenders after rising complaints following the collapse of Wonga. According to Reuters, the Financial Conduct Authority...

READ MORE >
Why Wonga Finally Called It Quits
Why Wonga Finally Called It Quits
September 04, 2018  |  Alternative Finances

U.K. payday lending startup Wonga has come to the end of the road, having filed for administration (similar in concept to bankruptcy in the U.S.)...

READ MORE >
Wonga Stops Taking New Loan Applications
Wonga Stops Taking New Loan Applications
August 30, 2018  |  Loans

Wonga, the U.K.-based payday lender, has halted accepting new loan applications. The Guardian, citing the company, reported that a statement on Wonga’s Website said: “While...

READ MORE >
Payday Lender Wonga Gets £10M Lifeline
Payday Lender Wonga Gets £10M Lifeline
August 06, 2018  |  Investments

Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. The funding will help cover...

READ MORE >
Hacker Tracker: DataVisor’s Global Insight Into Online Fraud
Hacker Tracker: DataVisor’s Global Insight Into Online Fraud
April 14, 2017  |  Security & Fraud

While the fraud ecosystem continues to rapidly develop and advance, big data may prove itself to be a strong weapon in combatting fraud. With that...

READ MORE >
Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle
Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle
April 14, 2017  |  Sizzle/Fizzle

How to construct a payments platypus of sorts — you know, a mish-mosh of opposites that may not on the surface dovetail well but still...

READ MORE >
Data Breach Hits UK Payday Loan Firm Wonga
Data Breach Hits UK Payday Loan Firm Wonga
April 11, 2017  |  Security & Fraud

Payday lender Wonga issued a warning to its customers in the wake of a massive data breach. The company notified roughly 270,000 of its customers — more...

READ MORE >
Klarna Snaps Up BillPay
Klarna Snaps Up BillPay
February 06, 2017  |  Europe

Getting the week off with a bit of a  bang, it looks like some European payments power players are joining up to take on the...

READ MORE >