VPC Commits up to £150M to P2P Lender Assetz Capital
January 21, 2015
Victory Park Capital has announced it will invest up to £150 million in loans originated by peer-to-peer lending platform Assetz Capital under a new five-year contract. Assetz Capital combines traditional loan underwriting with financial technology to more efficiently provide capital to small and medium-sized U.K. companies. Since its 2013 founding, the company has originated more than 100 loans totaling over £55 million.