The International Finance Corporation (IFC), part of the World Bank Group, has announced a $50 million follow-on investment in the Victory Park Capital Investor Fund W, LP, reinforcing its commitment to financial inclusion in emerging markets. Together with an additional $50 million from IDB Invest in January 2025, the fund’s total commitments now exceed $200 million.
This investment extends the fund’s investment period to 2030 and strengthens IFC’s partnership with Victory Park Capital (VPC), which focuses on private credit and asset-backed lending in emerging markets. The funding will enable VPC to provide debt financing to new fintech lenders, expanding credit access for underserved individuals and micro, small, and medium enterprises (MSMEs).
Additionally, IFC will offer technical guidance to improve VPC’s environmental, social, and governance (ESG) practices. This initiative supports IFC’s strategy to enhance venture debt markets in emerging economies and promote sustainable fintech lending models.
KEY QUOTES:
“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. Together, we’re helping fuel the growth of next-generation financial platforms that deliver critical capital to the market segments driving local economies forward.”
Gordon Watson, Partner at VPC
“MSMEs are the backbone of economic growth and employment in the region, yet they continue to face significant barriers to accessing finance. This investment will help bridge that gap by supporting innovative fintech solutions that bring affordable credit where it’s needed most.”
Elizabeth Martínez de Marcano, IFC’s Regional Director for Latin America and the Caribbean
