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FCA confirms Wonga in administration

The FCA confirmed payday lender Wonga Group has placed itself into administration.

  • Aug 31, 2018
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Hackers access bank details of 245,000 UK Wonga customers

Payday lender Wonga is contacting over 245,000 customers in the UK who may have been affec...

  • Apr 10, 2017
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FCA urged to crack down on ‘irresponsible’ payday lenders flouting guidance

A number of payday lenders are still failing to carry out checks on borrowers despite regu...

  • Aug 30, 2016
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Wonga sales plummet as fair lending ‘transformation’ bites

Wonga’s sales fell by 64% last year as the payday lender underwent a ‘transformation...

  • May 04, 2016
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Wonga acquires £25m debt funding in bid to clean up reputation

Short-term loans provider Wonga has secured a £25m debt facility to provide funding for n...

  • Apr 11, 2016
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Wonga scam sees fraudsters sentenced to over 10 years

A group of fraudsters who swindled Wonga out of over £3m through fake loan applications h...

  • Feb 02, 2016
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Wonga receives full FCA consumer credit permissions

Payday loan lender Wonga has secured approval from the Financial Conduct Authority (FCA) t...

  • Jan 19, 2016
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Co-op Bank and Wonga UK’s most improved brands of 2015

Co-operative Bank and payday lender Wonga became the two most improved brands of 2015, joi...

  • Jan 13, 2016
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Wonga’s lending falls 36% and expects further decline as criteria tightens

Wonga's lending volumes tumbled last year and are expected to fall further in 2015 as the ...

  • Apr 21, 2015
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Wonga to axe 325 jobs

Wonga is to reduce its staffing numbers by a third following recommendations that payday l...

  • Feb 24, 2015
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