Avant (company): Difference between revisions
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| foundation_date = 2012 | | foundation_date = 2012 | ||
| founded_by = | | founded_by = Al Goldstein, John Sun, Paul Zhang | ||
| location_street = | | location_street = | ||
| location_city = [[Chicago]] ([[Illinois]]) | | location_city = [[Chicago, Illinois]] ([[Illinois (U.S. state)]]) | ||
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| location_country = [[United States of America|United States]] | | location_country = [[United States of America|United States]] | ||
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'''Avant, LLC''' is a privately held company (in [[Chicago]], [[Illinois]]) operating in the [[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 (U.S. state)]]) 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 | ||
|accessdate=December 2020 | |accessdate=December 2020 | ||
}}</ref> | }}</ref> | ||
Avant's [[technology]] applies algorithms, [[Machine learning|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.<ref>{{cite web | |||
|url=https://tech.co/news | |||
|title=AvantCredit Rebrands as 'Avant', Acquires ReadyForZero | |||
|accessdate=January 2021 | |||
}}</ref> | |||
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 [[Investor|investors]] (such as August Capital, Tiger Global and Victory Park Capital).<ref>{{cite web | |||
|url=http://chicagoinno.streetwise.co/2015/04/13/avant-raises-400-million-from-kkr-to-launch-avant-institutional-marketplace/ | |||
|title=Avant raises 400 Million | |||
|accessdate=November 2020 | |||
}}</ref> | |||
==References== | |||
<references/> | |||
Latest revision as of 11:59, 22 June 2023
| Avant, LLC | |
|---|---|
| |
| Website | www.avant.com |
| Ownership type | Private |
| Founded | 2012, by Al Goldstein, John Sun, Paul Zhang |
| Headquarters | Chicago, Illinois (Illinois (U.S. state)) , 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 (U.S. state)) 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
- ↑ Avant: About us. Retrieved on December 2020.
- ↑ AvantCredit Rebrands as 'Avant', Acquires ReadyForZero. Retrieved on January 2021.
- ↑ Avant raises 400 Million. Retrieved on November 2020.