The International Finance Corporation (IFC), a member of the World Bank Group, committed a $50 million follow-on investment in Victory Park Capital Investor Fund. With this latest investment and additional support from IDB Invest, which upsized its commitment by $50 million in January 2025, the fund now exceeds $200 million in total commitments.
IFC’s new commitment extends the fund’s investment period to 2030 and builds on its longstanding partnership with Victory Park Capital (VPC), a global alternative investment firm focused on private credit and asset-backed lending in emerging markets. The investment enables VPC to provide debt financing to new fintech lenders and aims to expand access to credit for underserved individuals and micro, small and medium enterprises (MSMEs).
“We’re proud to continue our partnership with IFC, whose ongoing support is a strong endorsement of our strategy to expand access to responsible credit for underserved small businesses across emerging markets, particularly Mexico and Colombia,” Gordon Watson, partner at VPC, said. “Together, we’re helping fuel the growth of next-generation financial platforms that deliver critical capital to the market segments driving local economies forward.”
“MSMEs are the backbone of economic growth and employment in the region, yet they continue to face significant barriers to accessing finance,” Elizabeth Martínez de Marcano, regional director for Latin America and the Caribbean at IFC, said. “This investment will help bridge that gap by supporting innovative fintech solutions that bring affordable credit where it’s needed most.”
Beyond capital, IFC will provide technical guidance to further strengthen VPC’s environmental, social and governance practices, including the implementation of an E&S action plan, enhanced anti-money laundering protocols and the collection of gender-disaggregated data to promote more inclusive financial practices.
