Avant (company)

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This editable Main Article is under development and subject to a disclaimer.

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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[edit]

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.