Avant Healthcare
Financials
Estimates*
USD | 2017 |
---|---|
Revenues | 317m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$9.0m | Series A | ||
$20.0m | Series B | ||
$200m | Debt | ||
$75.0m | Series C | ||
$200m | Debt | ||
$225m | Series D | ||
$400m | Debt | ||
$325m Valuation: $2.0b | Series E | ||
* | N/A | Growth Equity VC | |
* | $250m | Lending Capital | |
* | $125m | Growth Equity VC | |
* | $125m | Debt | |
* | N/A | Acquisition | |
Total Funding | $779m |
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Recent News about Avant Healthcare
EditAvant is a financial technology company that specializes in providing online lending services. The company offers personal loans ranging from $2,000 to $35,000 and credit cards with credit limits between $300 and $1,000. Avant serves a broad range of clients, primarily individuals seeking quick and easy access to credit. Operating in the consumer finance market, Avant leverages technology to streamline the lending process, making it faster and more transparent for its customers.
Avant's business model revolves around offering unsecured personal loans and credit cards through an entirely online platform. The company generates revenue through interest rates on loans, which range from 9.95% to 35.99% APR, and fees associated with their credit card products. Avant differentiates itself by providing a seamless application process, fast approval times, and excellent customer support.
The company aims to lower the barriers and costs of borrowing, making it easier for people to access the funds they need. Avant's services are designed to be user-friendly, with a clear and transparent process that does not affect the applicant's credit score during the eligibility check. The company also offers financial education through its blog, helping customers build their credit and secure their financial future.
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