Person attributes
VP Capital
Viktor Prokopenya, May 2018
In 2012, Prokopenya founded an investment company, VP Capital, which specializes in the technology sector. One of its first investments was into the fintech company, exp(capital), which developed solutions for banks and brokers by constructing algorithms for high-frequency market making. Exp(capital) was ranked the best employer of the year in 2014.[14] Exp(capital)'s mobile applications department was later acquired by British company, IG Holdings, for an undisclosed amount.
In 2012, Prokopenya established VP Capital Real Estate which focused on central street assets. By 2017, the company had become the Minsk's largest private owner of real estate of this kind.
In the summer of 2017, VP Capital announced plans to acquire Paritetbank. The National Bank had approved the $50 million deal.[18][19] At the same time, the company applied for acquisition of the Ukrainian division of Sberbank. However, on August 3, 2017, Prokopenya withdrew the applications. He commented that he has always desired to own a bank and that it would be a venture that he would pursue given the right circumstances.
In December 2016, Larnabel Ventures Fund and VP capital announced a joint intention to invest more than $100 million in startups in computer vision, augmented reality, and artificial intelligence. From 2017 to 2019, the partners announced six investment agreements on a parity basis, in which they invested equally: Astro Digital, Banuba, Dronefence, FaceMetrics (later merged with Banuba), Capital.com and Currency.com. VP Capital acquired all Larnabel's shares in Capital.com and Currency.com in 2021; industry experts expect this acquisition to have cost $150m. Larnabel's share in Banuba and its subdivisions was sold to private investors, meanwhile, VP Capital's share in Astra Digital and Dronefense was transferred to Larnabel. After the split, VP Capital and Larnabel no longer held any joint projects.
Prokopenya's current major projects are Capital.com and Currency.com. Capital.com is an international fintech company that implements AI in financial instruments online-trading. The company was launched in 2016 and created the infrastructure for the cryptocurrency exchange Currency.com. Currency.com became the first regulated tokenised securities exchange on CIS territory. Currency.com is authorised by the GFSC (Gibraltar Financial Services Commission), FinCEN (USA), and FINTRAC (Canada). As of mid-2021, 'Vedomosti' business media estimated Currency.com's valuation to be reaching $500 million, while Capital.com was valued at $100 mln.
As of September 2021, Prokopenya's estimated net worth was around $400 mln.
