IFC Invests $50M in Victory Park to Boost SME Finance in Emerging Markets

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $50 million follow-on investment in Victory Park Capital Investor Fund W, LP (the “Fund”), reinforcing its commitment to financial inclusion and economic resilience in Emerging Markets. 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...

National Funding Promotes Joseph Gaudio To President

National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced today that Joseph Gaudio who was previously Chief Operating Officer, has been promoted to President. Gaudio will report directly to Founder and CEO Dave Gilbert. This appointment comes on the heels of the company’s acquisition of leading alternative lender QuickBridge. National Funding has experienced a 160 percent revenue growth surge over the past three years, bringing into focus the need for a strong...

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