Tag : Avant

WebBank Invests $250 Million in Avant to Support Growth of Credit Card Program
Banking Digital Payments News

WebBank Invests $250 Million in Avant to Support Growth of Credit Card Program

Fintech News Desk
Investment Enables Continued Growth of Avant® MasterCard® Credit Card WebBank announced it has committed to invest up to $250 million in the obligations of a securitization structure sponsored by Avant that are secured by credit card receivables. The investment will be used to meet the continuing demand and growth of the......
LendingTree Adds Financial Partners to Automated Pre-Approval Platform
Finance Lending News

LendingTree Adds Financial Partners to Automated Pre-Approval Platform

Fintech News Desk
LendingTree, the nation’s leading online financial services marketplace, announced Mercury Financial, Avant, and Ally Credit Card (Ollo) as the founding partners of TreeQual, LendingTree’s automated pre-approval platform designed to make it even easier for consumers to achieve their financial goals. TreeQual was built to bring more certainty and transparency to......
Avant's Credit Card Surpasses 600,000 Customer Milestone
Banking Digital Fintech Mobile Banking News

Avant’s Credit Card Surpasses 600,000 Customer Milestone

Fintech News Desk
Easy, accessible Avant Credit Card fills critical market need for consumers with little or no access to credit Avant, a leading financial technology company that gives middle-income consumers access to the credit they deserve, announced that it has surpassed 600,000 Avant Credit Card customers. By filling a critical market need......
Avant Names Matt Bochenek CEO
Banking Digital Fintech News

Avant Names Matt Bochenek CEO

Fintech News Desk
Bochenek, who has served as Avant COO since 2019, will succeed James Paris, who will become Vice Chairman Avant, a leading financial technology company that offers a full array of digital banking products to middle income US consumers, announced the appointment of Matt Bochenek as CEO. He will succeed James Paris, who......
Avant Acquires Zero Financial, Inc. and its Neobank, Level
Banking Digital Fintech

Avant Acquires Zero Financial, Inc. and its Neobank, Level

Fintech News Desk
Acquisition brings deposits to Avant’s ecosystem of digital banking products, expands market reach Avant, a leading financial technology company that gives underserved consumers access to the credit they deserve, announced that it has completed the acquisition of Zero Financial, Inc. and Level, the company’s neobank and design-forward banking app assets.......
Avant Invests in Metapraxis
Business Fintech Investment Services News

Avant Invests in Metapraxis

Fintech News Desk
Metapraxis, the financial analytics technology business, today announces it has formed a strategic alliance with AVANT Corporation, a Japan-based technology business, listed on the First Section of the Tokyo Stock Exchange, focused on providing business applications for accounting, planning and management. Read More: Backbase Opens Global Development Centre In Hyderabad......
Avant Expands Debt Warehouse
Big Data Fintech News

Avant Reaches 1.5 Million Customers

Fintech News Desk
Growth driven by bringing access to credit through transparent personal loans and credit cards Avant, a leading financial technology company that gives middle-income consumers access to the credit they deserve, announced today that it has surpassed the 1.5 million customer milestone. Its growing customer base speaks to Avant’s focus on......
Featured Fintech Fintech Funding Fintech Startups

A Few Fintech Funding Highlights from 2020!

Fintech News Desk
Fintech startups and unicorns that hit the limelight with high funding in 2020 Fintech startups are gaining prominent attention in the worldwide marketplace and challenging banks and other financial institutions through innovation across multiple services. These startups are implementing successful business models and are driving the global evolution of the......
Avant Expands Debt Warehouse
Fintech News

Avant Expands Debt Warehouse

Fintech News Desk
Funding commitments support rapidly expanding credit card and personal loan book Avant, a leading financial technology company that gives middle-income consumers access to the credit they deserve, announced it has successfully closed renewals of lines of credit totaling $425 million from JP Morgan Chase, Waterfall Asset Management and funds managed by Ares......
Take a Look at a Few of These Global FinTech Success Stories
Business Cryptocurrency Featured Fintech Fintech Startups

Take a Look at a Few of These Global FinTech Success Stories

Tanika Mehrotra
According to a report by The Business Research Company, the global FinTech market was valued at about $127.66 billion in 2018 and is expected to grow to $309.98 billion at a CAGR of 24.8% through 2022. The growth in digital payments and digital commerce is driving the expansion of fintech.......
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