# Amount

Amount is an Asset Manager based in Chicago, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** amount.com
- **LinkedIn:** https://www.linkedin.com/company/amount

## Regulatory record

- **Reports private funds:** No

## About

Launch seamless origination across deposits, lending and cards with FIS Origination Suite, a unified platform with digital experiences and strong risk mitigation.

## Sectors

- FinTech
- Enterprise Software

## People

- Adam Hughes — CEO

## Questions

### Does Amount lend money directly to consumers?

No. Amount is a software company that sells the infrastructure for banks to originate and service loans. The bank client puts up the capital, funds the loan, and holds the receivables. Amount provides the decision engine, fraud tools, and customer-facing interface — all white-labeled with the bank's brand.

### What is Amount's relationship with Avant?

Amount was created as a spinout from Avant, the Chicago-based online consumer lender, in 2020. Avant separated its internal banking-technology unit and recapitalized it as Amount, bringing in external investors and installing Adam Hughes, previously Avant's chief operating officer, as CEO. The two companies have been distinct legal entities since the spinout.

### Which banks use Amount's platform?

Confirmed clients include Barclays US, TD Bank, Regions Bank, and HSBC US, though the firm says its technology is embedded in institutions representing over $2.3 trillion in combined assets. The exact client count is not publicly disclosed.

### What investment stages and check sizes does Amount target?

Amount is not an investment firm — it is a business-to-business software company serving banks. Questions about its own capital structure are venture-capital questions; the firm raised roughly $180 million in equity across rounds led by WestCap, Goldman Sachs, and August Capital before reaching unicorn status in 2021.

## Related profiles

- [PayTic](https://altss.com/profile/paytic)
- [Atomic](https://altss.com/profile/atomic)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/amount

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