The VPC Speciality Lending investment trust sold it’s exposure to Avant loans and their equity stake as it continues a move out of the sector; the fund has been shifting to a balance sheet strategy for quite some time and this is another indicator of that move; they also sold their equity exposure in Australian point of sale lender zipMoney. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.