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wonga

British  
/ ˈwɒŋɡə /

noun

  1. informal money

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of wonga

C20: possibly from Romany wongar coal

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Just look at Wonga, the British payday loan company that collapsed into administration in 2018 after being accused of predatory lending for years.

From Barron's

Klarna acquired BillPay, Wonga’s German payments business, in 2017.

From Barron's

Klarna CEO Siemiatkowski pushed back on these characterizations in 2021, saying comparisons to Wonga made him “emotionally upset.”

From Barron's

However, many of these - such as Wonga - have been regulated out of business, after concerns that they were causing severe financial distress to consumers.

From BBC

With more people struggling this year, and payday loan companies such as Wonga and Quickquid no longer operating, the concern is that more people will turn to illegal lenders to make ends meet.

From BBC