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Errol Damelin | |
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| Born | Errol Damelin 23 August 1969 South Africa |
| Nationality | South African |
| Alma mater | University of Cape Town Boston University |
| Occupation(s) | Entrepreneur and early-stage technology investor |
| Known for | Founding Wonga.com |
| Children | 3 [1] |
| Website | ErrolDamelin.net |
Errol Damelin (born 23 August 1969) is a South African entrepreneur and early-stage technology investor. In 2007 he co-founded Wonga, an internet payday loan company that gained notoriety for charging extremely high interest on short-term loans.[2] After Damelin stepped down as CEO of the company in 2013, the company went into administration on 30 August 2018.[3]
- ^ "Damelin now Wonga chair in board reshuffle". CityAM. 12 November 2013. Retrieved 9 June 2020.
- ^ Rupert Jones (16 December 2014). "Wonga cuts cost of borrowing, but interest rate still 1,509% | Money". The Guardian. Retrieved 13 April 2016.
- ^ Collinson, Patrick; Jones, Rupert (30 August 2018). "Wonga collapses into administration". The Guardian. Retrieved 30 August 2018.