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Evening Standard
Evening Standard
Business
Anna Wise

Amigo boss steps down as lender seeks lifeline before it runs out of cash

Amigo Amigo Loans
Amigo Loans has seen its customer base halved and its revenue cut by two-thirds as the troubled lender stays afloat despite its nearly two-year lending ‘pause’ (Amigo/PA) -

Amigo has announced its boss is stepping down as the lender continues to search for a lifeline before it runs out of cash in July.

Kerry Penfold will immediately leave her role as chief executive and director of the publicly-listed company.

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