Avant
Founded Year
2012Stage
Debt - IV | AliveTotal Raised
$2.23BLast Raised
$100M | 2 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-78 points in the past 30 days
About Avant
Avant is a financial technology company that specializes in providing personal loans and credit cards. The company offers a range of financial solutions designed to help individuals manage their finances and achieve their personal goals. Avant primarily serves consumers looking for credit and loan products to support their financial needs. It was founded in 2012 and is based in Chicago, Illinois.
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Avant's Products & Differentiators
Avant Credit Card
Helps you pay for what you need while you build your credit.
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Expert Collections containing Avant
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Avant is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,244 items
Digital Lending
2,273 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Artificial Intelligence
14,769 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Fintech
9,295 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Fintech 100
249 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Avant Patents
Avant has filed 79 patents.
The 3 most popular patent topics include:
- cell biology
- biotechnology
- international taxation
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
8/5/2021 | 9/10/2024 | Biotechnology, Cell culture, Cell biology, Developmental biology, Bioreactors | Grant |
Application Date | 8/5/2021 |
|---|---|
Grant Date | 9/10/2024 |
Title | |
Related Topics | Biotechnology, Cell culture, Cell biology, Developmental biology, Bioreactors |
Status | Grant |
Latest Avant News
Sep 6, 2024
News Provided By Share This Article Loan Brokers Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033 LONDON, GREATER LONDON, UNITED KINGDOM, September 6, 2024 / EINPresswire.com / -- The loan brokers market has experienced robust growth in recent years, expanding from $252.06 billion in 2023 to $287.26 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%. The growth in the historic period can be attributed to rising demand for homeownership, growth in the housing market, introduced significant changes in financial regulations, increasing transparency in lending practices, and fluctuations in housing prices. What Is The Estimated Market Size Of The Global Loan Brokers Market And Its Annual Growth Rate? The loan brokers market is projected to continue its strong growth, reaching $487.24 billion in 2028 at a compound annual growth rate (CAGR) of 14.1%. The growth in the forecast period can be attributed to changes in lending regulations, taxes, and subsidies, new laws affecting loan approval processes and broker operations, fluctuations in property values, changes in consumer credit scores and borrowing behavior, business expansions, and capital expenditures. Explore Comprehensive Insights Into The Global Loan Brokers Market With A Detailed Sample Report: Growth Driver Of The Loan Brokers Market Rising demand for homeownership is expected to propel the growth of the loan broker market going forward. Homeownership refers to the status of possessing a residential property, such as a house or apartment, either through direct purchase or mortgage financing. The demand for homeownership is rising due to several reasons, including low mortgage rates, the increase in remote work opportunities, the desire for stability, and rising rental costs. Loan brokers play a crucial role in facilitating homeownership by helping prospective buyers navigate the complex mortgage market. Make Your Report Purchase Here And Explore The Whole Industry's Data As Well: Who Are The Key Players Shaping The Loan Brokers Market Trends? Key players in the loan brokers market include Macquarie Group Limited, Social Finance Inc.(SoFi), Credit Karma Inc., Quicken Loans LLC, United Wholesale Mortgage, Guild Mortgage, American Pacific Mortgage Corp., LendingTree Inc., Lendio Inc., BlueVine Inc., Balboa Capital Corp., Funding Circle Ltd., Avant LLC, OnDeck Capital Inc., Rapid Finance Pvt. Ltd., Fundbox Inc., Credibly LLC, National Business Capital & Services, Fundera Inc., LendStreet Financial Inc., QuarterSpot Inc. What Are The Dominant Trends In Loan Brokers Market Growth? Major companies operating in the loan broker market are focused on developing advanced solutions, such as the digital verification process, to streamline and expedite the loan approval process for homebuyers. Digital verification processes refer to the use of technology to verify a borrower's financial information and identity electronically, speeding up and simplifying the loan approval process. How Is The Global Loan Brokers Market Segmented? 1) By Component: Products, Services 2) By Enterprise Size: Large Enterprise, Small And Medium-Sized Enterprises 3) By Application: Home Loans, Commercial And Industrial Loans, Vehicle Loans, Loans To Governments, Other Applications 4) By End User: Businesses, Individuals Geographical Insights: Asia-Pacific Leading The Loan Brokers Market Asia-Pacific was the largest region in the loan brokers market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the loan brokers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Loan Brokers Market Definition Loan brokers are intermediaries who connect borrowers with lenders, facilitating the process of obtaining loans. They assess the financial needs of borrowers and help find suitable loan products from various financial institutions. Loan brokers earn commissions from lenders for successfully brokered loans and sometimes charge fees to borrowers. • Market size data for the forecast period: Historical and Future • Macroeconomic factors affecting the market in the short and long run • Analysis of the macro and micro economic factors that have affected the market in the past five years • Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa. • Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. An overview of the global loan brokers market report covering trends, opportunities, strategies, and more The Loan Brokers Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on loan brokers market size, loan brokers market drivers and trends, loan brokers market major players, loan brokers competitors' revenues, loan brokers market positioning, and loan brokers market growth across geographies. The loan brokers market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential. Browse Through More Similar Reports By The Business Research Company: Insurance (Providers, Brokers and Re-Insurers) Global Market Report 2024
Avant Frequently Asked Questions (FAQ)
When was Avant founded?
Avant was founded in 2012.
Where is Avant's headquarters?
Avant's headquarters is located at 222 West Merchandise Mart Plaza, Chicago.
What is Avant's latest funding round?
Avant's latest funding round is Debt - IV.
How much did Avant raise?
Avant raised a total of $2.23B.
Who are the investors of Avant?
Investors of Avant include Ares Management, WebBank, Paycheck Protection Program, August Capital, Tiger Global Management and 14 more.
Who are Avant's competitors?
Competitors of Avant include Amount, Best Egg, Achieve, Prosper, Applied Data Finance and 7 more.
What products does Avant offer?
Avant's products include Avant Credit Card and 2 more.
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Compare Avant to Competitors
Upgrade is a financial technology company operating in the consumer credit sector. The company offers services such as personal loans, credit lines, and rewards checking and premier savings accounts, all aimed at helping customers access and manage credit. Their primary market includes families across America. It was founded in 2016 and is based in San Francisco, California.
Prosper operates as a financial technology company. The company offers a range of financial solutions including personal loans, credit cards, and home equity lines of credit, which are designed to support customers in consolidating debt, financing home improvements, covering healthcare costs, and enhancing their financial well-being. Prosper primarily serves individuals across the credit spectrum, providing them with affordable financial solutions. Prosper was formerly known as Auto Quick Invest. It was founded in 2005 and is based in San Francisco, California.
Zirtue offers a relationship-based lending application that aims to drive financial inclusion. It provides funds through relationship-based loans. It offers peer lending and borrowing. The company was founded in 2018 and is based in Dallas, Texas.
Possible Finance focuses on financial services, specifically in the credit and lending domain. The company offers services such as short-term loans and credit cards, designed to provide access to funds and help with customers' financials. It primarily serves the financial service sector. The company was founded in 2017 and is based in Seattle, Washington.
Fundbox provides an embedded working capital platform for small businesses, operating within the financial services industry. It offers services such as business loans and lines of credit, which are designed to help businesses manage their cash flow and cover expenses. It primarily serves the small business sector. The company was founded in 2013 and is based in San Francisco, California.
Happy Money is a financial technology company that operates in the financial services sector. The company primarily offers loans, funded by a network of lending partners, designed to help individuals achieve their financial goals. Its services are primarily targeted towards the financial services industry. Happy Money was formerly known as Payoff. It was founded in 2009 and is based in Torrance, California.
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