MyJar, previously known as TxtLoan, was a UK-based financial services company specializing in short-term consumer loans, often referred to as payday loans. The company provided small, unsecured cash loans intended to be repaid on the borrower's next payday. Established in 2008 (as TxtLoan, rebranded to MyJar in 2013), it became a known name in the UK's high-cost short-term credit market. However, due to increasing regulatory pressures and financial difficulties, MyJar ceased lending and officially entered administration in December 2020. FRP Advisory LLP was appointed as administrators to manage the company's affairs and wind-down process. The company is no longer operational.
Historically served as the nerve center for loan origination, underwriting, customer support, compliance, marketing, and overall business strategy for its UK operations.
Standard commercial office facilities within a multi-tenant building in central London. No unique architectural highlights were publicly associated with their offices.
Prior to administration, the culture would have been typical of a financial services firm in the short-term credit sector: fast-paced, sales-driven, and operating within a strict regulatory framework. This is no longer applicable as the company is non-operational.
The headquarters was significant as the central control point for all of MyJar's lending activities, its engagement with the UK consumer credit market, and its compliance with regulatory bodies like the Financial Conduct Authority (FCA).
MyJar's operations were exclusively focused on the United Kingdom market. It did not have an international or global presence for its lending services.
Suite 1, 7th Floor, 50 Broadway
London
England
United Kingdom
Address: N/A
All operations were focused on the UK market and managed centrally from London.
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As of April 2025, MyJar' leadership includes:
MyJar has been backed by several prominent investors over the years, including:
MyJar entered administration in December 2020. Consequently, there have been no 'hires' or 'exits' in the traditional operational sense for an active company in the last 12 months or since its administration. All executive operational roles ceased. News pertains to the administration process managed by FRP Advisory LLP.
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As MyJar is in administration and non-operational, email communication with the company through its historical corporate channels is no longer active. Previously, common corporate email formats would have been used.
Historically, formats like [first_initial][last_name]@myjar.com or [firstname].[lastname]@myjar.com were likely.
Format
example@myjar.com (inactive)
Example
0%
Success rate
Business Sale Report • 2020-12-22
UK payday lender MyJar Ltd has fallen into administration with the reported loss of 49 jobs. Geoff Rowley and Tom MacLennan of FRP Advisory have been appointed as joint administrators for the London-based company, which traded as MyJar....more
The Guardian • 2020-12-23
Myjar, a short-term loan provider, has collapsed into administration, marking another failure in the troubled payday lending sector. The company ceased lending, and customers were advised on how the administration would affect them....more
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