Welcome to Wonga, the only company based outside North America. I met founder and CEO Errol a few times in London. Good presentation, fun to watch with a few entertaining pictures of Errol on Vacation. Wonga is a new way to borrow money when you need it, via your mobile phone. You build a credit profile, and the more often you use the service, the more money you can borrow. Benchmark capital, one of the early investors in Zopa, has invested some money in Wonga.
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