The most valuable solution is the one that is there when you need it. And for America’s millions of small and medium-sized businesses (SMBs), they mostly share one common problem: access to capital. Karen Webster sat down with Luke Voiles, CEO at Pipe, and Thomas Welch,...
Apollo Global Management is reportedly second-guessing its investment in Amazon brand aggregator Perch. The private equity firm in 2001 pledged up to half a billion dollars in debt to Victory Park Capital, which invests in multiple aggregators, Perch among them. Now, as Bloomberg News reported...
SumUp has raised a $100 million credit facility to launch a merchant financing solution. The British company’s Cash Advance tool offers advances of up to £20,000, based on merchants’ payment history and repayable via payment acceptance using SumUp’s card readers. According to a release emailed...
Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park Capital — in a news release Thursday (Aug. 3), saying it would help its goal of issuing cards to consumers...
June 11, 2024
The most valuable solution is the one that is there when you need it. And for America’s millions of small and medium-sized businesses (SMBs), they mostly share one common problem: access to capital. Karen Webster sat down with Luke Voiles, CEO at Pipe, and Thomas Welch, partner at Victory Park Capital, to take a closer look at […]
September 03, 2023
Apollo Global Management is reportedly second-guessing its investment in Amazon brand aggregator Perch. The private equity firm in 2001 pledged up to half a billion dollars in debt to Victory Park Capital, which invests in multiple aggregators, Perch among them. Now, as Bloomberg News reported late Friday (Sept. 1), Victory Park is seeking a buyer […]
August 09, 2023
SumUp has raised a $100 million credit facility to launch a merchant financing solution. The British company’s Cash Advance tool offers advances of up to £20,000, based on merchants’ payment...
August 03, 2023
Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park Capital — in a news...
October 19, 2022
Mexican BNPL app Nelo has gotten a $100 million credit facility from Victory Park Capital, which will help it grow its business and cushion its loan book, according to a...
