Avant (company): Difference between revisions

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| founded_by      = Al Goldstein, John Sun, Paul Zhang
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| location_city    = [[Chicago]] ([[Illinois]])
| location_city    = [[Chicago, Illinois]] ([[Illinois]])
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'''Avant, LLC''' is a privately held company (in [[Chicago]], [[Illinois]]) operating in the [[Financial Technology|financial technology]] industry. The company was founded in 2012 by serial [[entrepreneur]] Albert ‘Al’ Goldstein, John Sun and Paul Zhang.<ref>{{cite web  
'''Avant, LLC''' is a privately held company (in [[Chicago, Illinois]], [[Illinois]]) operating in the [[Financial Technology|financial technology]] industry. The company was founded in 2012 by serial [[entrepreneur]] Albert ‘Al’ Goldstein, John Sun and Paul Zhang.<ref>{{cite web  
|url=https://www.avant.com/about-us/  
|url=https://www.avant.com/about-us/  
|title=Avant: About us  
|title=Avant: About us  

Revision as of 15:48, 27 January 2023

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Avant, LLC
Avant Logo.png
Website www.avant.com
Ownership type Private
Founded 2012, by Al Goldstein, John Sun, Paul Zhang
Headquarters Chicago, Illinois (Illinois) , United States
Industry Consumer Finance, Financial Services, Financial Technolgy
Product/Service Lines of credit, Personal loans

Avant, LLC is a privately held company (in Chicago, Illinois, Illinois) operating in the financial technology industry. The company was founded in 2012 by serial entrepreneur Albert ‘Al’ Goldstein, John Sun and Paul Zhang.[1]

Avant's technology applies algorithms, machine-learning protocols, and analytical tools in addition to the standard consumer data pulled to determine a customized rate, amount and length at which money can be borrowed.[2]

From 2012 onwards Avant saw a significant growth with over $ 1 billion in loans raised through the Avant website and $ 1.4 billion in contributions from investors (such as August Capital, Tiger Global and Victory Park Capital).[3]

References

  1. Avant: About us. Retrieved on December 2020.
  2. AvantCredit Rebrands as 'Avant', Acquires ReadyForZero. Retrieved on January 2021.
  3. Avant raises 400 Million. Retrieved on November 2020.