Tags: invest and borrow

Wonga's peer-to-peer offering closed down

January 10th, 2015
Invest and Borrow
We reported back in May 2014 that Wonga, one of the most well known brands within the financial services sector, had launched Invest and Borrow, a new peer-to-peer payday provider.  Invest and Borrow charged borrowers a representative 75% ARP, but pay l… more »

Wonga move into peer-to-peer lending

May 14th, 2014
Invest and Borrow
The mention of Wonga will stir strong emotions amongst people.  Some see them as a saviour for helping people obtain short term credit where their bank or building society may have turned them down.  Others see them as parasites, praying on the poorest… more »