Avant

Avant, LLC is a financial technology company based in Chicago, Illinois, founded in 2012. It specializes in online financial solutions, focusing on personal loans and credit products. Avant uses proprietary technology, including algorithms and machine learning, to assess creditworthiness and provide customized loan terms. This approach allows for a fully online borrowing experience, simplifying processes like employment verification and funding. The company offers unsecured personal loans and credit cards designed for customers underserved by traditional banks. Avant has expanded its services to 46 U.S. states, as well as Canada and the United Kingdom, and has originated over $1 billion in loans. It also features the Avant Institutional Marketplace, which allows institutional investors to purchase loans originated through its platform. With a mission to lower borrowing costs and barriers, Avant aims to empower consumers in managing financial emergencies and achieving personal financial goals.