|Wonga.com takes its automated loans service to South Africa|
|Tuesday, 15 May 2012|
Wonga.com (UK) today announced the launch of its online, short-term loans service in South Africa. Early technical trials have shown South African consumers also like the fast, convenient and transparent nature of the service.
The London-based company, which also recently launched its Wonga for Business service, will initially offer consumer loans in South Africa, with a dedicated team based in Cape Town. The online service will be powered by the same real-time, automated loan processing technology that was developed in the UK and has already processed millions of applications since 2007.
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