Wonga.com Ltd of London, UK, is a short-term loan company, with services currently available in the UK and South Africa.
It also owns a subsidiary known as Wongaforbusiness.com which has extended the short-term loan model to small business.
It was the first company to use fully automated risk processing technology, providing short-term, unsecured personal loans online and via mobile. The company was founded by Errol Damelin and Jonty Hurwitz. The initial product was launched in October 2007  and subsequently was the first to provide an instant lending app on the iPhone. As of July 2012, it had funded over 5 million loans.
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