Analysis

September 15, 2021

Wonga's Errol Damelin scores 9900% return on angel investment in Cazoo & Wise

The Wonga founder-turned-angel-investor has made over £11m amid this year's IPO boom


Isabel Woodford

4 min read

Errol Damelin is best known as the founder of Wonga, the controversial payday lender. But he's also quietly become one of London's most successful angel investors, with two of his portfolio companies — Wise and Cazoo — securing billion-dollar exits this year.

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