Victory Park Capital Joins the American Fintech Council
Press Release
Mar 29, 2021
Group of top investors and fintech companies to promote policies that advance responsible innovation and inclusivity within financial services
CHICAGO – March 29, 2021 – Victory Park Capital (“VPC”), a leading global alternative investment firm, today announced that it has joined the newly established American Fintech Council (“AFC”) as an original member of its investor group. The AFC was formed to be the leading unified voice of the fintech industry, bringing together the most responsible industry actors to promote policies that advance responsible innovation and inclusivity within financial services.
“With over 14 years of experience making debt and equity investments in the fintech sector, we have seen the positive effects that fintech has had on increasing financial inclusivity for individuals and businesses,” said Brendan Carroll, senior partner and co-founder at Victory Park Capital. “We are proud to be a member of this important organization and join forces with others across financial services to help carry out the AFC’s mission.”
The AFC is the result of a merger between The Marketplace Lending Association (“MLA”) and Online Lending Policy Institute (“OLPI”). In addition to the existing MLA and OLPI members, AFC is also expanding membership to diversified fintech companies, digital banks and other financial services providers.
The AFC currently has 50 members committed to advancing pro-consumer policies consistent with its principles of financial inclusion, racial equity and embracing regulation to promote responsible innovation. AFC members adhere to strict self-regulatory standards established with non-profit and advocacy partners, such as the Small Business Borrowers’ Bill of Rights, and by pursuing policies that advance responsible practices throughout the market.
About Victory Park Capital
Victory Park Capital invests in emerging and established businesses across various industries in the U.S. and abroad. The firm’s differentiated offerings leverage an extensive network of industry relationships, disciplined deal origination, creative financing capabilities, broad credit structuring and special situations expertise. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles and San Francisco. VPC is privately held and a Registered Investment Advisor with the SEC. For more information, please visit www.victoryparkcapital.com.
About American Fintech Council
The mission of the American Fintech Council is to promote an innovative, responsible, inclusive, customer-centric financial system. For more information, please visit www.fintechcouncil.org.
Media Contacts:
Victory Park Capital
Jordan Niezelski, Edelman
American Fintech Council