Update: That’s it for Wonga’s UK business. The beleaguered payday loans company has just confirmed it’s gone into administration. Although it says its overseas businesses are continuing to trade — at ...

Can computers make better decisions than humans? One tech firm says they already do when it comes to lending money. Wonga.com is a short-term lending Web site that uses an algorithm and thousands of ...

Wonga’s second product, Wonga for Business, launched four weeks ago to the kind of bipolar media furore the company has grown accustomed to. Some business journalists heralded it as a hugely welcome ...

The Premier League and Football League has announced that they will no longer allow adverts for Wonga, a loan company that charges up to 4,214% interest, to appear on its websites following a campaign ...