Primary Role
Founder and CEO at India Quotient
Investments
2 Investments in 2 Companies

Person Details

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Errol is a global entrepreneur and seasoned executive who loves building innovative businesses with inspirational people.

He is the founder and chief executive officer of digital finance company, Wonga.com, a London based company which is backed by some of the world’s leading VCs including Accel, Balderton, Greylock, Oak and the Wellcome Trust.

In the past couple of years Errol has been named Entrepreneur of the Year at the UK's Growing Business Awards, The Guardian's Entrepreneur of the Year, Founder of the Year at the The Europas European Startup Awards, Ernst & Young Entrepreneur of the Year for London and Digital Entrepreneur of the Year.

Prior to founding Wonga, he successfully co-founded two other substantial businesses, on different continents and in completely different markets.

Most recently he was founder and chief executive of Supply Chain Connect Ltd, which he developed to become a leading provider of hosted supply chain collaboration solutions. With offices in the UK and US, the company serviced over 250 blue chip customers - including General Cable, Pirelli, Dow Chemical and DuPont - and was acquired by ChemConnect in 2005.

Wonga is undoubtedly Errol’s most ambitious project yet. It is the first company in the world to fully automate the lending process and approved loans are usually paid into bank accounts within minutes. Not only does Wonga provide our small loans in a clear and flexible manner, but it is highly selective about the people and businesses it helps. To date the company has provided over five million loans and helped over one million customers.

Errol grew up in South Africa and following graduation from business school, he became an investment banker and, while helping entrepreneurs turn their dreams into reality, was inspired to switch roles and become the innovator.

He currently lives in London and enjoys an active lifestyle in his limited free time, including marathon running, mountain biking, sea kayaking and skiing.

Experience (4)

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Education (2)

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Investments (2)