KRUK completed the acquisition of Wonga for $25m.

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.