oak investment

Update: Cash-strapped Wonga goes into administration in the UK

Update: That’s it for Wonga’s UK business. The beleaguered payday loans company has just confirmed it’s gone into administration. Although it says its overseas businesses are contin

Wonga investors inject £10M so cash-strapped payday lender can fund claims

If you were at Disrupt London four years ago you may remember more than a little awkwardness during an investor panel when two VCs that had invested in European payday loans firm Wonga declined to c

New Money Going To Venture Funds Down 31 Percent In First Quarter

<img src="http://tctechcrunch.files.wordpress.com/2010/04/vcfundsq110.png" class="border" alt='' /> Venture capital firms are having their own problems raising new money from limited partners. Capit