• Finextra
• 08 Apr, 2021

Founded in 2012, Avant began life by lending its own capital to "midprime" Americans with credit scores in the 600 to 700 range, using algorithms and machine-learning capabilities to make decisions on loans of between $1000 and $20,000. With more than 1.5 million customers, the firm is now turning to Zero Financial's Level and its banking app assets to help it expand its reach. Level brings cash back rewards on debit card purchases, a competitive APY on deposits, early access to paychecks
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