Search Results for "Avant"
3 results for "Avant"
Deals 3
WebBank Commits $250 Million Investment in Avant Loan Securitization
WebBank announced a $250 million investment commitment in Avant's loan securitization program. WebBank, a prominent BaaS sponsor bank, deepened its financial relationship with fintech lender Avant. The commitment underscores the growing role of sponsor banks in supporting fintech loan securitization pipelines.
Amount Raises $99M Series D at $1B+ Valuation to Power Bank Digitization
Chicago-based banking infrastructure provider Amount raised $99 million in Series D funding, achieving unicorn status. The round was led by WestCap with participation from Goldman Sachs, Hanaco Ventures, Invus Opportunities, and Barclays Principal Investments. Amount provides APIs and enterprise software helping banks compete with fintechs in retail lending and BNPL.
Avant Launches Amount as White-Label BaaS Platform for Banks
Online lender Avant rebranded its 'Powered by Avant' SaaS business unit as Amount, a white-label banking partner platform for fintechs and banks. The platform offers customizable digital lending solutions including decisioning engines, fraud prevention, risk modeling, and white-label servicing. Banks like Regions Bank and Eloan (Banco Popular) were already using the platform to deliver digital personal loans.