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Disgraced Payday Lender Wonga Sells SMB Business To Orange Cash, Cuts 325 Jobs

Disgraced Payday Lender Wonga Sells SMB Business To Orange Cash, Cuts 325 Jobs

More unravelling for Wonga, the UK-based online loan provider that this past year had to compose down220 million ($340 million) in unpaid loans. The pany announced today so it would lay down 325 staff, and contains additionally offered Everline, its small-business financing supply, to Orange cash (trading as Ezbob).