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6 December 2017

VPC buys control of Borro

Victory Park Capital, which provided debt financing to Rocket Internet-backed luxury online pawnbroker Borro in 2014, has bought a majority stake in the company.

Author: Robert Lavine, News Editor

Investment firm Victory Park Capital (VPC) has paid an undisclosed amount for a majority stake in Borro, a UK-based online pawnbroker backed by e-commerce group Rocket Internet.