Announced
Completed
Financials
Tags
Consumer Lending
Private
Single Bidder
Majority
Friendly
online lending
Acquisition
Completed
Poland
Synopsis
KRUK, a Poland-based provider of loss prevention and debt collection services, completed the acquisition of Wonga, a company operating on the online lending market in Poland, for $25m. "Wonga will help to expand the range of our existing business lines of debt buying, credit management, credit reference and Novum loans for selected former debtors. Wonga perfectly fits into the KRUK Group’s pursuit of its overriding objective to drive sustained strong growth and generate PLN700m in net profit by 2024,” Piotr Krupa, KRUK CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.