Tagged: avant

Avant Launches Direct to Consumer Auto Loans Product

Online lender, Avant, announced on Monday that it is expanding its user reach by launching of its latest financial product, direct to consumer auto refinance loans. According to the website, the auto refinancing products will provide users with a new way to manage their finances and also lower monthly auto… Read More

Avant Hits New Milestone: Captures $3 Billion in Three Years

Marketplace lending platform, Avant, announced on Monday it has surpassed $3 billion in loan originations in the past three years. With 440,000 customers worldwide, Avant is changing the way consumers borrow by lowering the costs and barriers of borrowing. Founded in November 2012, Avant has reportedly… Read More

Avant Closes $325 Million Series E Funding Round Led By General Atlantic

Avant, a fast growing online lending platform, announced today it has closed a $325 million Series E equity finance round. The funding, announced last month, was led by global growth equity firm General Atlantic, with additional participation from Balyasny Asset Management and J.P. Morgan. Existing… Read More

Avant-Acquired ReadyforZero Announces New Free Credit Monitoring For Personal Financing Tools

ReadyforZero, a company that was acquired by marketplace lender Avant, announced on Monday that that free credit monitoring is now available to all users with personal financial tools. With this new feature, users can manage both their personal debt and credit from a single web and… Read More

Lendit Europe Update: Raj Singh Announces AvantCredit Hits £100M in UK Loans

AvantCredit, one of the UK’s fastest growing marketplace lenders announced that it has provided GBP100 million in loans in the UK market since launching in October 2013.  The company, which has issued nearly 35,000 loans in the UK to date, uses innovative technology and machine-learning algorithms,… Read More

Avant Raises $325 Million in Equity Funding, Partners with General Atlantic

Online lender Avant has inked a “definitive agreement” in a Series E funding round for $325 million. The funding is expected to close this October. Avant’s total equity raised now tops $650 million and debt raised goes to $1.1 billion. The lead investor in this… Read More

Crowdnetic Launches Automated Loan Platform “Marketplace Lending Gateway”

Crowdnetic, a provider of technology and market data solutions to the marketplace lending industry, today announced the launch of “Marketplace Lending Gateway” (“Gateway”), a centralized technology platform that connects loan applicants from banks and retailers to alternative funding sources through a real-time matching and allocation… Read More

Marketplace Lending Platform Avant Continues Global Expansion with Canada Launch; Reaches 300,000 Customers

Avant, a fast-growing marketplace lending platform, announced on Thursday that it is expanding to Canada, the company’s newest international market. Headquartered in Chicago, Avant has empowered more than 300,000 consumers in the United States and United Kingdom. The recent launch of AvantCredit in Canada will bring… Read More

Marketplace Lending Platform Avant Closes $139M Asset-Backed Securitization Led by Jefferies; Secures $200M Credit Facility Led by J.P. Morgan & Credit Suisse

Marketplace lending platform, Avant, announced on Thursday that two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant’s funding total to $1.1 billion in debt financing, $334 million in equity financing and $400 million raised through the Avant Institutional… Read More

Al Goldstein, CEO Of Avant, Talks ‘Underbanked’ Middle-Class Consumers And The Future Of Avant

  At the helm of Avant, a Chicago-based consumer loan program named to Forbes’ 2015 list of America’s Most Promising Companies, is founder and CEO Al Goldstein. A serial entrepreneur in technology, consumer services and real estate, Al co-founded Avant with John Sun, now the… Read More

Brief: VPC Invests in Chicago based FinTech Company Avant

VPC Specialty Lending Investments has invested $11.7 million by way of a balance sheet loan in Avant a Chicago based company that offers consumer credit. VPC will now have committed more than 37% of the net IPO proceeds. Victory Park Capital Advisors, VPC’s investment manager,… Read More

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