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August 30, 2018 12:44 pm GMT

Cash-strapped Wonga has stopped accepting new loans

UK payday loans firm Wonga, whose investors include high profile European VC firms Accel and Balderton, appears to be teetering on the brink of collapse as it’s stopped taking new loans. A spokeswoman for the company confirmed to TechCrunch it is not accepting new loan applications. She sent us the below statement which has been […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RyaXKeaWMpw/

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