Wonga

  • “Straight Talking” Payday Loans Startup Wonga Found Sending Fake Legal Firm Letters

    “Straight Talking” Payday Loans Startup Wonga Found Sending Fake Legal Firm Letters

    Wonga’s unescapable TV advertising campaign, featuring cute ‘elderly’ puppets, carries the company slogan “straight-talking money“. But, following a ruling by UK regulator, the Financial Conduct Authority (FCA), the UK payday loans startup and great European IPO hope, has been found anything but straight-talking. Read More

  • E-Loan Specialist Wonga Buys BillPay, The PayPal Of Germany, To Move Deeper Into Payments

    E-Loan Specialist Wonga Buys BillPay, The PayPal Of Germany, To Move Deeper Into Payments

    Wonga is a UK-based startup best known for its online payday loan services, but today the company made a move that could see it not only extending across to other markets in Europe but also into other services like payments: the company today is announcing the acquisition of BillPay, known as the “PayPal of Germany”. This is yet another major exit for Rocket Internet, which… Read More

  • Wonga Extends Its Payday Loans To Small Businesses In UK

    Wonga Extends Its Payday Loans To Small Businesses In UK

    Wonga.com, the successful but controversial payday loans provider, is extending its credit service to small businesses in the UK. The move is a smart one given the current economic climate. Banks have been lambasted for not lending to small businesses – Wonga is simply going to try and fill in the gap – and take advantage. Needless to say this could end up being a huge business… Read More

  • Announcing The 2011 Crunchies Finalists And Tickets On Sale Now

    Announcing The 2011 Crunchies Finalists And Tickets On Sale Now

    The nominations have been tabulated and the votes are in. Over 300,000 nominations were calculated across 20 categories. Along with our partners GigaOm and VentureBeat, we are very proud to announce the finalists for 2011’s best in technology. Voting begins now. For 2011, we’ve added some new categories. Best Location App, Best Cloud Services and Biggest Social Impact join the… Read More

  • Five European Startups To Watch

    Five European Startups To Watch

    Silicon Valley is famously, and rightly, proud of its place as the spiritual home for startups. And it has an inspiring and awesome track record that’s tough to beat. However, as the recent Le Web conference proved, European tech hubs like London, Berlin and more recently Paris, can now also lay claim to breeding world-class entrepreneurs. There’s a sense that Europe is finally… Read More

  • Saul Klein on Europe's Billion-Dollar Startups

    Saul Klein’s List Of Europe’s Next Billion-Dollar Tech Companies

    Where will the next billion-dollar startups come from? The tech world and most VCs tend to be parochial, looking at Silicon Valley, maybe New York, and a few other hot markets like China and Brazil. But what about the Old Country? Yesterday, I was having coffee with Saul Klein, a partner at Index Ventures and co-founder of Seedcamp. He believes that in every major city across Europe… Read More