Wonga readies $1.5bn IPO, but stigma won’t get away

Wonga readies $1.5bn IPO, but stigma won’t get away

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Payday advances company Wonga is actually property that is hot the previous few years, providing an almost-instant online financing solution which has had attracted plenty of attention and almost $150 million in endeavor investment.

But, since the business eyes a currency markets flotation, it is nevertheless struggling to conquer its hurdle that is biggest: the stigma related to lending cash.…