Blogs

Wonga warming up winter

Spread the warmth. #winterWarmers

Wonga.com is quite literally ‘Knitting for South Africa’ this winter. The digital finance company is launching the Wonga Warmers campaign, aimed at spreading a little warmth across the country.

Wonga is working with a non-profit organisation Grandmothers Against Poverty & Aids (GAPA) to knit warm items of clothing which will be distributed to underprivileged communities around South Africa. In addition the company is calling for anyone wanting to get involved, to donate blankets, scarves and beanies which Wonga will then distribute. These can be dropped off at the Kaya FM offices in Johannesburg and the Heart 104.9FM offices in Cape Town throughout the month of June.

 
 

Noelene and Felicia’s tips on surviving the Festive Splurge

Noelene and Felicia’s tips on surviving the Festive Splurge

CAPE TOWN – Most of us manage to make it through the first part of the year sticking to our budgets and keeping track of spending. But during December, financial restraint seems to fly out the window as we get caught up in the festive spirit, overspend and end up facing some serious debt in January. Noelene and Felicia from wonga.com have put their heads together and drawn up a list of tips of how to survive the festive season with the minimum amount of damage to your wallet.

 
 

Wonga.com launches its automated loans service on mobile

Wonga.co.za mobile website

CAPE TOWN – Online short term loans provider, wonga.com today officially launches the first ever mobile credit site in South Africa. The site allows both new and existing customers to access small, short term cash loans from anywhere using their mobile phone.

Wonga.com which offers small, flexible personal loans for between a day and around 31 days launched its web-based service here in May, and is now extending that service to customers who aren’t able to regularly access the internet via a PC. Wonga South Africa Chief Executive, Kevin Hurwitz explains this is an important step in the company’s plans for its local business: 

 
 

Wonga.com brings its automated loans service to South Africa

Britain’s largest short term loans provider selects South Africa to kick off its global expansion

CAPE TOWN – Wonga.com (UK) today launches its ground-breaking short term loans service in South Africa. Local consumers will have access to the same real-time loan-processing technology that helped catapult wonga.com into poll position as the UK’s biggest provider of short term consumer credit.

Technical trials underway in South Africa indicate that local consumers are hungry for the fast, flexible, convenient nature of the wonga.com service. The London-based company has already granted over 4 million loans worth £ 1 billion to UK customers, and CEO of Wonga.com (SA), Kevin Hurwitz believes that South African consumers are part of a new generation who are increasingly looking for innovative solutions to their everyday cash flow problems.

 
 

About Wonga

A fresh approach to lending

Wonga is a ground-breaking online lender. It was founded in 2007 in London by two South Africans who saw a need in the market for a fast and convenient credit provider. After growing the company and three years of research and development, the founders felt it was time to spread their wings and take the company international.

They believed the South African consumer credit market was crying out for a new, innovative service and, besides, it was only natural for them to want to launch in their home country. 

 
 
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