Tagged: vpc

Applied Data Finance Increases Credit Facility with Victory Park Capital, Receives $6.5 Million Equity Boost

Applied Data Finance, LLC (ADF), a “technology-enabled lender” and asset manager, has announced that Victory Park Capital (VPC) has increased its existing credit facility with ADF from $50 million to $75 million. The facility has also been extended through 2021. Simultaneously, ADF raised $6.5 million… Read More

VPC Sells P2P Loans Originated on Funding Circle as it Re-Focuses on Balance Sheet Investments

VPC Specialty Lending Investments has sold its portfolio of peer to peer loans that were originated on Funding Circle UK.  VPC stated it was seeking “less volatile returns” in selling the P2P assets. “The sale helps accelerate the company’s strategy of reallocating capital away from… Read More

VPC Specialty Lending Investments Updates on Challenging Conditions

As part of their Q3 review, VPC Specialty Lending Investments (LSE:VSL) announced it was shifting away from purchasing whole loans to balance sheet investments in the online lending sector.  VPC said continued softness in certain whole loans in their portfolio were offset by a one… Read More

VPC Specialty Lending Continues to See Opportunity in Online Lending

VPC Specialty Lending Investments PLC (LSE:VSL), a publicly traded fund that invests in online lending platforms and assets, continues to see a strong pipeline of investment opportunities within the online lending sector. This is according to VPCs most recent report. The investment manager of the… Read More

VPC Updates on Share Offer

VPC Specialty Lending Investments has provided an update on their previously announced share offer.  VPC states that a total of 183 C million shares will be issued at a price of £1/share. The amount was slightly lower than published in September. Victory Park Capital Advisors… Read More

Zencap Gets Big Boost with €230 Million Investment from Victory Park Capital

Victory Park Capital (VPC) announced today it is investing up to €230 million in loans originated on the Zencap platform over a 3 year period.  German publication Handelsblatt called the investment “a record deal for a German startup” and “the most ever for a continental… Read More

VPC Specialty Lending Confirms Shares Qualify for ISA Inclusion

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

Brief: VPC Ahead of Investment Target in Direct Lending

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

VPC Specialty Lending Adds Positions in OnDeck, Funding Circle & Others

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

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