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Avant
Avant provides personal loans and credit cards to help customers move financially forward. Since 2012, people have looked to Avant for solutions to take charge...
Avant
Avant provides personal loans and credit cards to help customers move financially forward. Since 2012, people have looked to Avant for solutions to take charge of their financial lives. Avant champions every customer on their financial journey, with a mission to empower them with innovative solutions designed to help them reach their goals.
General information
Firm type
Asset Manager
Year founded
2022
Location
Region
North America
Country
United States
City
Chicago
Corporate office
222 W Merchandise Mart Plaza, Suite 900, Chicago, IL 60654, United States
Principals
Al Goldstein
Executive Chairman & CEO
Margaret Hermes
Chief Operating Officer
Charles Whittaker
Chief Product Officer
Kevin Friedrich
Chief Financial Officer
Paul Zhang
Cofounder, Chief Information Officer
Tim Schlueter
Chief Revenue Officer
Nikhil Mehra
Chief Risk Officer
Nick Wolff
Chief Technology Officer
Julie Halperin
General Counsel & Corporate Secretary
Robert Reynolds
Head of Customer Acquisition
Tyler Palin
General Manager, Personal Loan
Sector focus
Frequently asked questions
How does Avant's partnership with WebBank work?
WebBank, a Utah-chartered industrial bank, is the legal issuer of Avant-branded personal loans and credit cards. This structure allows Avant to operate nationally without holding its own bank charter, by relying on WebBank's regulatory preemption of state-level interest-rate caps. Avant handles the marketing, underwriting, servicing, and customer relationship, effectively functioning as the operating partner behind the bank's lending authority.
Who are Avant's main competitors?
Avant competes most directly with Upgrade, LendingClub, and OneMain Financial — all of which target near-prime borrowers with unsecured installment loans and credit-building cards. In the card product specifically, it also competes with Credit One and the secured-card arms of larger issuers. The broader competitive set includes any fintech offering debt consolidation at origination fees of 1–5 percent.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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