Tagged: victory park capital

November 5, 2015 @ 10:28 am By JD Alois  |  

VPC Specialty Lending Investments (LSE:VSL) is a portfolio company that intends to generate an attractive return for holders consisting of dividend income and capital growth via investments in a diverse portfolio of specialty lending opportunities across the marketplace / P2P lending sector. This includes credit… Read More

September 14, 2015 @ 7:42 am By Samantha Hurst  |  

PeerIQ, a financial information services company that connects peer-to-peer (“P2P”) lending to the capital markets by helping institutional investors analyze, access and manage risk, today announced that it raised $2.5 million in a seed-extension round. Participants in the round include new investor and customer Victory… Read More

September 8, 2015 @ 12:40 pm By JD Alois  |  

Victory Park Capital (VCP) has announced a new issuance of common shares to raise another £200 million for VPC Specialty Lending Investments (VSL). The offer price is expected to be £1.00 per C share. The shares presently trade on the LSE. According to the firm,… Read More

August 20, 2015 @ 11:59 am By Samantha Hurst  |  

Marketplace lending platform, Avant, announced on Thursday that two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant’s funding total to $1.1 billion in debt financing, $334 million in equity financing and $400 million raised through the Avant Institutional… Read More

July 30, 2015 @ 10:04 am By Samantha Hurst  |  

Behalf, a payments platform targeted at small and mid-sized businesses, announced a Series B equity round and credit facility totaling $119M. MissionOG, an early to growth stage venture capital firm chaired by Gene Lockhart, the former CEO of MasterCard, led the equity round. Lockhart is joining… Read More

July 27, 2015 @ 3:35 am By Midori Yoshimura  |  

  Asset-backed finance has been chosen as the next round of lending for the Strategic Banking Corporation of Ireland (SBCI), which was set up in 2014 to offer low-cost loans to lenders, according to a recent story in the Independent. The SBCI, led by Scotsman Nick… Read More

July 22, 2015 @ 6:42 am By JD Alois  |  

VPC Specialty Lending Investments (LSE: VSL) has announced that it has invested net IPO proceeds into 16 different direct lenders, in the US, UK and Europe, covering both the consumer and SME loan space. VPC states that it continues to execute on its capital deployment… Read More

June 18, 2015 @ 8:58 pm By JD Alois  |  

VPC Specialty Lending Investments PLC, a listed fund that invests in peer to peer lending assets, has confirmed that the companies shares qualify for ISA inclusion. HM Revenue & Customs have announced that commending July 1, 2o15, savers may take advantage of this new asset… Read More

May 19, 2015 @ 12:17 pm By JD Alois  |  

VPC Speciality Lending Investments has issued a note stating they are ahead of their goal in deploying investor capital into online lending assets.  According to the Board of Directors, approximately 70% of net IPO funds have been invested in assets such as peer to peer… Read More

April 10, 2015 @ 9:02 am By JD Alois  |  

VPC Specialty Lending Investments has invested $11.7 million by way of a balance sheet loan in Avant a Chicago based company that offers consumer credit. VPC will now have committed more than 37% of the net IPO proceeds. Victory Park Capital Advisors, VPC’s investment manager,… Read More

March 27, 2015 @ 8:25 am By JD Alois  |  

VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech.  VPC has also provided a balance sheet loan to Applied Data Finance.  The company acquired… Read More

March 17, 2015 @ 8:06 am By JD Alois  |  

VPC Specialty  Lending Investments PLC has successfully listed shares on the London Stock Exchange (LSE) on the “premium listing segment of the Official List.  VPC will trade on the LSE under ticker symbol VSL.  VPC was created by asset manager Victory Park Capital, a firm… Read More

February 26, 2015 @ 12:02 pm By JD Alois  |  

Peer to peer lending investor Victory Park Capital has filed a prospectus to list shares on the main exchange of the London Stock Exchange (LSE). Victory Park has been aggressively investing in P2P assets having recently committed a solid $420 million to Funding Circle in… Read More

January 22, 2015 @ 4:09 pm By Samantha Hurst  |  

The Kreditech Group, a consumer finance technology group, has announced the completion of a $200 million credit facility from Victory Park Capital, a Chicago-based asset management firm focused on middle market debt and equity investments. The investment reflects investors’ confidence in its big data credit-scoring technology… Read More

January 21, 2015 @ 8:53 am By Samantha Hurst  |  

Victory Park Capital (VPC), an asset management firm focused on middle market debt and equity investments, announced today that it will invest up to £150 million in loans originated by Assetz Capital under a new five year contract. Assetz Capital is a peer-to-peer lending platform that combines traditional… Read More