Dave Secures $100 Million Credit Facility from Victory Park Capital

first_img Pinterest WhatsApp LOS ANGELES & CHICAGO–(BUSINESS WIRE)–Jan 28, 2021– Dave, the banking app on a mission to create financial opportunity that advances America’s collective potential, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a leading global alternative investment firm. The funding will support the growth of Dave’s banking product and accelerate the company’s expansion into new products and features. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210128005701/en/ In 2020, Dave rolled out Dave Banking, a spending account and debit card with no monthly fees. Launched in 2017 as a way to help avoid overdraft fees, Dave has grown into the third most valuable challenger banking app in the United States and was named the 26th most disruptive private company in the world. VPC’s partnership with Dave began in May 2018 and this transaction is the second to take place over the course of their relationship. “We look forward to our continued partnership with Dave as the company enters its next phase of growth and progresses in its journey to make banking more accessible,” said Jason Brown, partner at VPC. “Dave has amassed millions of loyal members by helping solve simple pain points like overdraft protection and automated budgeting, all while giving back to the community, and we are confident that the company will continue to be a significant challenger to traditional financial institutions.” “We are excited about the flexibility this deal gives us as we continue to expand Dave Banking for the 180 million Americans who live paycheck to paycheck and deserve access to high quality financial products,” said Jason Wilk, CEO of Dave. “Through this expanded partnership with Victory Park we will be making a meaningful impact on communities in the United States and beyond.” About Dave Dave is a banking app on a mission to create financial opportunity that advances America’s collective potential. Dave helps its more than eight million customers budget, avoid overdraft fees, find work and build credit. For more information, visit www.dave.com. 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. View source version on businesswire.com:https://www.businesswire.com/news/home/20210128005701/en/ CONTACT: Dave Natalie Rix [email protected] Park Capital Jordan Niezelski, Edelman [email protected] 860.833.2947 KEYWORD: CALIFORNIA ILLINOIS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY MOBILE/WIRELESS FINANCE SOFTWARE BANKING SOURCE: Victory Park Capital Copyright Business Wire 2021. PUB: 01/28/2021 10:00 AM/DISC: 01/28/2021 10:01 AM http://www.businesswire.com/news/home/20210128005701/en Twitter Facebook Facebook Previous articleWP Engine Appoints Tarsha McCormick Vice President of Diversity, Equity, Inclusion, Culture and EngagementNext articleEnergage Names American Integrity Insurance Group a Winner of the 2021 Top Workplaces USA Award Digital AIM Web Support By Digital AIM Web Support – January 28, 2021 center_img TAGS  Pinterest WhatsApp Dave Secures $100 Million Credit Facility from Victory Park Capital Twitter Local NewsBusinesslast_img read more

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Govt branded ‘shameful’ for not intervening in Kilcar Post Office closure

first_imgThe government’s refusal to Kilcar post office in the hope of reversing the recent decision by An Post to close Kilcar Post Office has been described as  ‘shameful’. Pearse Doherty was commenting following a Dáil debate which was tabled last night (Wednesday) in which he and Deputy Pat ‘the Cope’ Gallagher urged the government to halt the closure planned for this week in order to give the local community more time to prepare detailed submissions arguing for the service to be retained.Deputy Doherty said: “I am bitterly disappointed by the response from the Minister of State yesterday following our request that the government urgently intervenes in An Post’s plan to close Kilcar Post Office. “Over the past year or so we’ve seen the all too real repercussions which post office closures have on our rural communities when 17 post offices across the county were shut as part of the company’s restructuring plans.“This planned closure of the Kilcar branch comes despite us being told time and time again by the government that the recent closures were made in order to secure the future viability of the network and that no further closures were being considered.“Lo and behold, and hot on the heels of the local and European elections, we then discover that Kilcar post office is also to face the chop.“This is a post office which for decades has served a vibrant rural community and a vibrant textile industry in the town of Kilcar, an industry which has long relied on postal services to ship its products all across the globe.” More than 300 locals turned out for a public meeting on Monday to discuss the future of the Post Office in Kilcar.The community shared their shock and concern that the post office would be closed at the end of June.As a result of the meeting, the three TDs present were mandated to request An Post to extend the proposed closing date of the post office until December.Doherty continued: “It’s scandalous that the local community has been given no opportunity to come together, to organise and to make a proper appeal to An Post to argue against this closure.“Having attended the recent public meeting organized to resist the move to close the branch, it’s clear that there is huge resistance to this closure and locals are understandably very angry at how this is being forced upon them. “Last year Sinn Féin tabled a motion before the Dáil that no post office should be closed and, despite having received cross-party support, the Government has failed to listen – this is absolutely shameful.“We are now demanding that the government intervenes here and grants a six-month extension to allow for the community to organise, to plan and to make the proper case to An Post that this decision needs to be reversed.“Moreover, I am calling on the Minister to come to Kilcar himself and meet with local people to witness the level of deep opposition which exists here to these plans because only then will he fully realise that, should this closure go ahead, then he will effectively be ripping the heart out of yet another rural community.“I pledge to continue to stand with the local community in Kilcar and provide whatever support I can to their campaign to save this important service.” Govt branded ‘shameful’ for not intervening in Kilcar Post Office closure  was last modified: June 27th, 2019 by Shaun KeenanShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

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Promoter predicts Froch-Groves rematch

first_imgEddie Hearn says he will look to arrange a rematch after George Groves’ world title challenge against Carl Froch ended in a controversial defeat for the Hammersmith man.Groves floored the super-middleweight champion in the first round and continued to dominate the fight, troubling Froch with a number of powerful shots.But as the previously unbeaten challenger came under pressure in round nine, referee Howard Foster ended the contest with what many believe was an incorrect stoppage.Groves was ahead on points when the end came.And Hearn, the promoter for both fighters, said: “I think it [a rematch] will be the next fight.“With Carl Froch, he’s 36 years old, what’s he going to do, have a voluntary defence [against a lesser opponent]?“At this stage of Carl’s career he’s going to want the biggest fights available to him and the George Groves rematch is the biggest fight available.”Groves, booed into the ring after his outspoken pre-fight comments, was cheered at the end as the 20,000 crowd in Manchester made their feelings clear.And Hearn declared: “I’m sure it did huge numbers at the box office. The crowd loved the fight and I’m sure it will happen again.“I said to George in the changing room that I know he’ll get another chance. I know that doesn’t make him feel any better.”See also:Hearn predicts Groves will go on the attackHeartbreak for Groves in world title clashFroch insists ref was right to stop fightGroves: I’ll bounce back and be championGroves’ trainer reveals he had reservations about fight refereeGutted Groves says he proved he belongs at the top levelFroch claims Groves rejected rematch offerFroch ordered to face Groves in rematchGroves to face Froch in rematch on 31 MayFroch-Groves rematch will be at WembleyGroves vows to avenge ‘stonewall robbery’Groves: My left hook will finish 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 Follow West London Sport on TwitterFind us on Facebooklast_img read more

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Boro v Fuham: Whites unchanged, Bamford ruled out

first_imgFulham, having won their last three matches under caretaker boss Kit Symons, are unchanged from their 4-0 win against Bolton in midweek.Patrick Bamford misses out for Boro because of illness, while fellow Chelsea loanee Kenneth Omerou starts for the home side. Young goalkeeper Jamal Blackburn, who is also on loan from the Blues, is on the bench.Fulham: Bettinelli; Hoogland, Bodurov, Burn, Amorebieta; Parker; Christensen, Stafylidis; Ruiz; Rodallega, McCormackSubs: Kiraly, Kavanagh, Hyndman, Roberts, G.Williams, Woodrow, SmithMiddlesbrough: Fredericks, Ayala, Omeruo, Friend; Adomah, Clayton, Leadbitter, Reach; Tomlin, Kike.Subs: Blackman, Gibson, Williams, Whitehead, Vossen, Nsue, Wildschut.Follow West London Sport on TwitterFind us on Facebooklast_img

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Vacancy: Communications Manager

first_imgCommunications ManagerProviding, formulating and leading a global communications plan for Brand South Africa. To develop a messaging framework to inform how we communicate with various audiences. Managing relationships with media (international and domestic). Stakeholder management (building relationships with non media stakeholders). To develop an issues management and crisis plan to enable Brand South Africa to proactively respond to issues.For more information Click herelast_img

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Marvel Universe Unites for Childrens Charities

first_imgThe Walt Disney Company today announced Marvel: The Universe Unites, an epic charity campaign combining the super powers of the cast of Marvel Studios’ Avengers: Infinity War to help support children’s charities.Avengers: Infinity War cast Sebastian Stan, Paul Bettany and Karen Gillan support Marvel: The Universe Unites #HeroActs The week-long event will see stars of the movie team up for a series of hero acts and social media challenges to provide funds and raise awareness for charities that support children and families impacted by serious illness. The initiative will culminate the weekend of March 3 when shopDisney.com and Disney stores in the U.S. will donate 10% of sales of all Marvel products made between March 3-4, 2018 (up to $50,000) to Make-A-Wish to help grant life-changing wishes for children with critical illnesses.“This movie has one of the greatest ensemble casts of all time, and we are challenging them to use their collective might to benefit children’s charities,” said Jimmy Pitaro, Chairman, Disney Consumer Products and Interactive Media. “We’re kicking off by inviting some of the world’s biggest stars to get creative on social media to support Starlight Children’s Foundation, a charity that works to bring joy and comfort to hospitalized children and their families.”As part of Marvel Studios: Hero Acts, a charitable initiative launched in 2016, some members of the cast of Avengers: Infinity War will receive a special toy care package filled with new products celebrating their Marvel character to be donated to children’s hospitals.Their mission? To take a creative picture or video to reveal the new toys to fans and post it to their Facebook, Instagram or Twitter channels using #HeroActs. When their collective posts hit a million likes, they will unlock a $250,000 US donation to Starlight Children’s Foundation from Marvel.“Being a Marvel Super Hero gives us a powerful platform to directly influence positive change. Giving back to kids is the most impactful role you can play,” comments Marvel Studios’ Black Panther star, Chadwick Boseman. “Marvel: The Universe Unites and #HeroActs is just a fun way to support a noble cause while entertaining kids and fans around the globe.”Marvel partners are also supporting the cause with their own #HeroActs in support of children’s charities. As part of the week’s events, Hasbro will donate $1 million US worth of cash and products to Give Kids The World, an organization that fulfills the wishes of children with critical illnesses and their families by providing them with an unforgettable trip which includes a visit to their village in Central Florida and access to Walt Disney World Resort.Funko, known for their pop culture collectibles, will make a $1 million US toy donation to Starlight as part of the Marvel: The Universe Unites campaign.“From our fantastic cast to our toy and retail partners, it’s great to see the Marvel Cinematic Universe come together in this way to support children’s charities,” comments Kevin Feige, President, Marvel Studios. “The launch of the products for Avengers: Infinity War is a fun way for fans to celebrate the countdown to the movie, and this initiative underscores that moment in a really special way.”Starting March 3, new Marvel Studios’ Avengers: Infinity War products will be included in the Marvel: The Universe Unites Amazon Wish List, enabling consumers to send toys directly to Starlight.Rounding out the week, on Saturday, March 3, and Sunday, March 4, shopDisney.com and Disney store will donate 10% of weekend Marvel product sales to Make-A-Wish (up to $50,000 US) in support of Marvel: The Universe Unites.last_img read more

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Brother of San Diego man killed while fighting for ISIS sentenced to

first_img KUSI Newsroom, SAN DIEGO (KUSI) — Marchello Dsaun McCain, a convicted violent felon and the brother of Douglas McCain, the first known American who died fighting for the Islamic State of Iraq and al-Sham (ISIS), was sentenced in federal court today to 10 years in prison for his illegal possession of a cache of firearms and body armor and making false statements to federal agents involving international terrorism.In a related case, the United States unsealed a two-count indictment charging Canadian national and former San Diego resident Abdullahi Ahmed Abdullahi with providing, and conspiring with Douglas and other individuals in the United States and Canada to provide, material support to terrorists engaged in violent activities in Syria, that is, a conspiracy to murder, kidnap and maim persons in a foreign country.On March 9, 2014, Douglas McCain departed the U.S. and traveled to Syria where he joined and fought for ISIS.  Approximately five months later, on or about August 25, 2014, Douglas McCain was killed in Syria fighting a battle against the Free Syrian Army. Following Douglas McCain’s death, Federal Bureau of Investigation Joint Terrorism Task Force (FBI-JTTF) agents interviewed Marchello McCain on several occasions from August 26, 2014 through January 23, 2015, when agents arrested him on federal firearms charges.In January 2016, Marchello McCain, who was previously convicted of two felony crimes of violence in Minnesota involving assault with a firearm, pleaded guilty to five counts of possession of firearms and ammunition by a felon and one count of possession of body armor by a violent felon.  Eight months later, in September 2016, he pleaded guilty to making false statements to FBI-JTTF agents concerning his assistance to and knowledge of individuals providing material support (personnel and money) to individuals engaged in violent terrorist activities abroad and ISIS, including Douglas McCain and Abdullahi.MarchelloMcCainSentencingLGcrvsAs part of his guilty pleas, McCain admitted that he made material false statements to the agents about his knowledge of the purpose of his brothers’ travel abroad and the methods of payment and source of monies to fund such travel. McCain acknowledged that he possessed over nine firearms, which included a stolen firearm and several semi-automatic 9 mm pistols, an AR-15 style semi-automatic rifle and an M1 Carbine .30 caliber semi-automatic rifle with a large capacity magazine. Marchello McCain also admitted that on February 13, 2014, approximately three weeks prior to Douglas McCain’s departure to fight in Syria, Marchello McCain went to a San Diego gun range with his brother and shot firearms, including an AR-15 style semi-automatic rifle and a 12-gauge pump-action shotgun.In imposing sentence, the court found that defendant’s obstructive conduct frustrated, delayed and thwarted the United States’ efforts to uncover the scope and membership of conspiracies to provide material support to terrorists and a foreign terrorist organization, ISIS.“ISIS has brought the war on terror closer to home by directing and inspiring attacks in the U.S. and other countries, thereby putting American lives in danger,” said U.S. Attorney Adam Braverman. “By lying to federal agents, Marchello McCain delayed, frustrated and thwarted an investigation into a group that supplied U.S. and Canadian fighters to ISIS. We are committed to doing whatever it takes to protect American lives here and abroad.”“Counter-terrorism investigations are the highest priority investigations conducted by FBI Joint Terrorism Task Forces,” commented FBI Special Agent in Charge Eric S. Birnbaum. “When someone misleads or obstructs counter-terrorism investigations, this can adversely affect investigative activity in these important cases. Today’s sentence will hold Mr. McCain accountable for his actions and dissuade others from lying to law enforcement agents concerning international terrorism matters.”The defendant’s lies, including his false statements regarding the source and means of the financing of Douglas’ travel were not only intended to prevent the United States from finding out about the involvement of Abdullahi and others, but were also intended to prevent the discovery of his own involvement.As detailed in the United States’ pleadings, the defendant’s involvement included: agreeing to travel to Syria and join his brother in violent jihadist activities; assisting Douglas and others in traveling to Syria to engage in violent jihadist activities by taking Douglas to a gun range to target shoot semi-automatic weapons; depositing cash into his wife’s bank account and letting Douglas use his wife’s credit card to purchase plane tickets to Turkey, a known entry point for foreign fighters seeking to enter Syria, and to make hotel reservations; regularly communicating with Douglas and other individuals regarding the financial and logistical needs of foreign fighters in Syria; wiring $800 to an ISIS operative in Turkey to support Douglas and/or others engaged in violent jihadist activities; and engaging in obstructive conduct to conceal the material support conspiracies.Notwithstanding the obstructive conduct of McCain, the United States continued its investigation of the terrorist activities of Douglas McCain, Abdullahi and others. On March 10, 2017, a federal grand jury in the Southern District of California returned a two-count sealed indictment charging Abdullahi with conspiring to provide, and providing, material support to terrorists.On September 15, 2017, pursuant to an extradition request by the United States, Canadian authorities arrested Abdullahi. Abdullahi is currently detained in Canadian custody without bail, pending an extradition hearing scheduled for May 31, 2018.  On January 3, 2018, the Abdullahi indictment was unsealed.  Abdullahi is also facing charges in Canada for a January 9, 2014 armed robbery of an Edmonton jewelry store.The Abdullahi indictment alleges that from in or about August 2013 through in or about November 2014, Abdullahi conspired with Douglas and other individuals to provide personnel and money to individuals engaged in terrorist activities in Syria, including the killing, kidnapping and maiming of persons. The charged conspiracy alleges the participation and/or assistance of Abdullahi and approximately 14 other individuals and spans four countries, the United States, Canada, Turkey and Syria.In preparation for their travels, Douglas and other members of the conspiracy practiced with firearms in San Diego and Canada. According to the indictment, Abdullahi, Douglas and others agreed to travel to Syria to support and join terrorist fighters engaged in terrorist activity, including the killing, kidnapping and maiming of persons.In order to raise funds to support their efforts to support and join terrorist fighters in Syria, members of the conspiracy encouraged others to commit crimes against the “kuffar” (an Arabic term meaning infidels or non-believers), such as theft. In furtherance of this material support conspiracy, the indictment alleges that on January 9, 2014, prior to the travel of Douglas and another co-conspirator, Abdullahi committed an armed robbery of a jewelry store in Edmonton, Alberta, Canada, in order to finance the travel of Douglas and other members of the conspiracy to Syria.  Thereafter, Abdullahi wired and caused others to wire money to other members of the conspiracy in the United States — including approximately $3,100 to Douglas – in order to finance the travel of foreign fighters from North America to support and join terrorist fighters engaged in terrorist activities in Syria.Additionally, members of the conspiracy, including Abdullahi, wired and caused money to be wired to third-party intermediaries in Gaziantep, Turkey (located approximately 40 miles from the Syrian border) for the purpose of supporting members of the conspiracy fighting and engaging in terrorist activity in Syria, including the killing, kidnapping, an maiming of persons.The government alleges that because of the efforts of Abdullahi and other co-conspirators, beginning in November 2013 through November 2014, five co-conspirators, including Douglas McCain, traveled from North America to Syria, via Turkey, and acted as foreign fighters in Syria engaging in terrorist activity in Syria, including the murder of persons.  Douglas McCain was killed in battle fighting for ISIS in August 2014.  The remaining four co-conspirators were all killed in Syria in mid-November 2014. Brother of San Diego man killed while fighting for ISIS sentenced to 10 years on terrorism-related charges January 12, 2018 Posted: January 12, 2018center_img KUSI Newsroom Updated: 4:25 PM Categories: Local San Diego News FacebookTwitterlast_img read more

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