Failure off Uk payday financial Wonga music caution to have Aussie fintech vigilance The fresh collapse out of Wonga, certainly Britain’s really high-character fintech loan providers, brings salient lessons to have Australian continent, and this considers the united kingdom a layout having economic tech policy and you will in which tighter regulations to protect vulnerable consumers away from payday loan providers come getting stalled. Wonga, situated as much as a slippery software allowing customers to acquire high priced funds through the mobile,