Avant operates an online marketplace that provides users with access to personal loans to consolidate debt, pay unexpected medical expenses, and fund family vacations. Through machine learning, the company offers a customized approach to credit options.
October 30, 2020Maybe it’s a byproduct of that which shall not be named — by which we mean the pandemic — but PYMNTS’ Provider Rankings have been remarkably calm and unwavering throughout ...
May 20, 2020Personal loan apps are getting lots of attention during this time of incomprehensible financial doubt. Consumers are downloading and using these apps more now, and they’re still deciding on their ...
March 3, 2020Unsecured lending is the theme of this week’s PYMNTS Provider Ranking of Personal Loan Apps, which looks at this fascinating space with fresh eyes to reveal the trends. Personal loans ...
April 15, 2019The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm lied to customers and used other illegal tactics.
Specifically, ...
April 15, 2019Online lenders in the U.S. including LendingClub, Kabbage, and Avant are gearing up for a slowdown in the economy and are taking a look at their risk exposure as they ...
October 24, 2018HSBC Holdings announced that it is teaming up with online lender Avant to offer unsecured loans to consumers.
In the first half of 2019, HSBC’s U.S. arm will utilize Avant’s platform ...
October 2, 2018Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, ...
June 27, 2018Global Debt Registry (GDR) announced on Wednesday (June 27) the launch of its loan registry, created to verify and provide transparency for loan data on the cloud-based IBM Blockchain Platform. In ...
June 12, 2018In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital.
Now, the tech-driven underwriting models that ...
May 23, 2016Consumer lending platform Avant is giving pink slips to 60 employees, or about 7 percent of its workforce.
The news came late last week amid what Crain’s Chicago Business said is “an abrupt ...
April 11, 2016As the wave of FinTech lenders who stepped into the markets after the financial crisis pushed much of their mainstream banking competition out of the game are coming into a ...
August 21, 2015Avant, the online lender that offers funds to consumers with less than stellar credit, has garnered debt financing from a series of big banks, Fortune reported on Thursday (Aug. 20).
The ...