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Payday Lender Wonga Reporting Data Breach
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News Roundup
Payday Lender Wonga Reporting Data Breach

Payday Lender Wonga Reporting Data Breach

Fintech Nexus Staff·
News RoundupOnline Lending
·Apr. 10, 2017·1 min read

Wonga offers short-term payday loans and is based in London; company has announced a data breach which may include personal information of 270,000 current and former customers; a majority of their customers affected are UK based, but 25,000 customers in Poland may also be affected; Wonga has recently reduced fees and launched 90-day loans after the Financial Conduct Authority instituted a rate cap and forced lenders to apply for authorization.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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