Niall Wass

Niall Fraser Wass (born 1969) is the former Chief Executive[1] of the British payday loan company Wonga.com. Wass has an MBA from INSEAD.[2]

Early career

Wass once worked at Brait Private Equity, was COO for internet incubator Icon Media Lab and had roles at Accenture. [3]

Wonga.com

Wass joined Wonga in 2012 after failing to secure the Chief Executive job at Betfair where he had been Chief Commercial Officer.[4] He left in May 2014 after only six months in the job.[5]

Prior to becoming CEO, Wass was Wonga’s Chief Operating Officer (COO), where he was responsible for the company’s move into new products, like business loans,[6] as well as its international expansion.[7] As COO, he was interviewed by ITV News in November 2013.[8]

Wass was one of the Wonga executives believed to be based in Geneva in connection with the use of the Swiss registered firm WDFC SA to process credit applications on behalf of Wonga.[9][10][11] He was also a Director of the Irish company Wonga Technology Limited[12] and possibly other Wonga group companies.

References

  1. ↑ "Wonga founder in the hot seat" by Toby Green, London Evening Standard, 12 November 2013, p. 46.
  2. ↑ Betfair insider: Niall Wass macroaxis.com, 2013.
  3. ↑ Changing of the Guards at Betfair by Maggie Bean, casinoscamreport.com, 21 November 2011.
  4. ↑ UPDATE 1-Key Betfair director set to leave and join Wonga by Matt Scuffham, reuters.com, 18 November 2011.
  5. ↑ "Wonga co-founder is the latest to exit payday lender" in The Times, 14 June 2014.
  6. ↑ Damelin now Wonga chair in board reshuffle, by Tim Wallace, Cityam.com, 13 November 2013
  7. ↑ Wonga goes international and defies its critics, by Ian Pollock, BBC, 28 January 2013.
  8. ↑ Archbishop of Canterbury "should try Wonga", boss urges. Laura Kuenssberg, ITV.com, 4 November 2013.
  9. ↑ Wonga in tax avoidance strategy, claims Corporate Watch by Calum Fuller, Accountancy Age, 14 October 2013.
  10. ↑ Wonga shifts part of business to tax haven Switzerland despite not offering loans there Nick Sommerlad, mirror.co.uk, 10 October 2013.
  11. ↑ Wonga’s Swiss Wangle: payday lender moving money to tax haven, Corporate Watch, 10 October 2013. Retrieved 9 November 2013. Archived here.
  12. ↑ Wonga Technology Limited solocheck.ie, 9 November 2013. Archived here.