FinTech Avant Snaps Up Zero Financial, Level

FinTech Avant Snaps Up Zero Financial, Level

Avant surpassed 1.5 million customers last year, and by acquiring Level, it will be able to expand its reach in offering digital banking experiences, the release stated. FinTech Avant, which works to give underserved consumers access to credit, has acquired Zero Financial along with its neobank, Level, according to a press release. Terms of the deal were not disclosed. Avant uses an infrastructure consisting of artificial intelligence (AI) capabilities and customer insights, which are used to deliver personalized experiences, according to the release.

Share Share

Email Share

Avant CEO James Paris said in the release that the acquisition is “an important element of our strategy to provide underbanked and unserved consumers with a full ecosystem of transparent financial products and services with great features and rewards, all in one mobile app. Expanding our product portfolio allows us to serve even more people, offering every consumer access to innovative and rewards-based products to simplify and improve their financial journey.” Avant was included as No. 4 on October’s installment of PYMNTS Provider Ranking of Personal Loan Apps, where it was beaten out by MoneyLion, LendingTree and SoFi. “Avant shares our mission to challenge the status quo by bringing innovative financial services products to consumers who might otherwise be unable to access them,” said Zero Financial Co-Founder and CEO Bryce Galen in the release. “We’re excited to continue that journey as part of the Avant team and to work together to provide new ways for consumers to engage with their finances.”

According to the release, all of these aspects “are especially beneficial for consumers on the path to financial freedom.” Level, meanwhile, is focused on branchless, all-digital banking and offers cash back rewards for debit card purchases and an annual percentage yield (APY) on deposits. There is early access for paychecks, and there are no hidden fees, the release stated.

The News Highlights

  • FinTech Avant Snaps Up Zero Financial, Level
  • Check the latest News news updates and information about business, finance and more.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Trending Lists

Best Coffee Maker in India
Best Coffee Maker in India
Are you looking for the Best Coffee Maker in India of 2021? Buying The Best coffee maker for the daily sip of your favorite coffee can be a daunting…read more ❯
Best First Person Shooter Gaming Monitors
Best First Person Shooter Gaming Monitors of 2021
Are you looking for the Best First Person Shooter Gaming Monitors of 2021? Fast, lag-free game monitors are ideal for FPS games because of the…read more ❯
Best Wireless Mouse Under $10
Best Wireless Mouse Under $10
Are you looking for the Best Wireless Mouse Under $10 of 2021? Wireless mice are The Best asset for a desktop computer. Because you can use this…read more ❯
Best Teamviewer alternative
The Best Teamviewer Alternatives With Free Plan
Best Teamviewer alternatives, Remote access application that will display screen on another PC over the internet or network. The elemental…read more ❯
best gaming laptops
Best Gaming Laptops
In the past, the gaming laptops were not that different from the other best laptops – as long as they had an Intel’s latest Core i7 processor, 16GB…read more ❯
Best Yogurt Maker In India
Best Yogurt Maker In India
Are you looking for the Best Yogurt Maker In India? If you like the taste of yogurt and prefer it to other desserts/snacks, you should know now that…read more ❯
best soundbars under $200
Best Soundbars Under $200
Are you looking for the Best Soundbars Under $200, but you have no idea which model to use? You will find this buyer-guide because we have selected…read more ❯
best studio headphones under $100
Best Studio Headphones Under $100
No studio installation is complete without at least one headphone. When you’re just starting and building your first studio, the chances are that…read more ❯

Tutorials & Guides

How To Use Game Tools On Galaxy S9 And Galaxy S9 Plus
Hello guys in this guide, I am gonna tell you about How To Use Game Tools On Galaxy S9 And Galaxy S9 Plus. So read this article, step by step so you…read more ❯
Difference between Snapchat Mute and Do Not Dis­turb Features
This article is about Difference between Snapchat Mute and Do Not Dis­turb Features. So read this free guide, Difference between Snapchat Mute and…read more ❯
What is Newest iPhone Out Right Now?
Hello guys in this guide, I am gonna tell you about What is the Newest iPhone Out Right Now? . So read this article, step by step so…read more ❯
Change Country In Google Play Store Account For Galaxy S9
Hello guys in this guide, I am gonna tell you about Change Country In Google Play Store Account For Galaxy S9. So read this article, step by step so…read more ❯
Best iPhone Apps To Help you with Your Savings
This article is about Best iPhone Apps To Help you with Your Savings. So read this free guide, Best iPhone Apps To Help you with Your Savings step by…read more ❯
How to Edit Video using Quicktime on Your Mac
Hello guys in this guide, I am gonna tell you about How to Edit Video using Quicktime on Your Mac. So read this article, step by step so you may…read more ❯
How To Erase Google History On Samsung Galaxy S6
Hello guys in this guide, I am gonna tell you about How To Erase Google History On Samsung Galaxy S6. So read this article, step by step so you may…read more ❯

This Easy iPhone Trick Will Save You Tons of Photo Space
How to use the icloud to free up more space We’ve all been the re: Working low on iPhone space for storing, scrambling to delete photographs we…read more ❯
8 Greatest Apps to Maximize Android perfomance
Android is not as controlled and regulated as its iOS competitor. It doesn’t matter what version of the mobile OS you are running, but with android…read more ❯
Google Play store Error 498 5 easy Methods to fix it
Just lately Whereas Downloading Asphalt game on my Smartphone I received an Error 498 in Google Play Store. To be Actual, the Error Reads “Error…read more ❯
How to Enable Copy paste in CMD – Windows
By Default Windows don’t permit users to Copy text and Paste it in Command prompt Or Copy textual content from Command prompt(cmd) and paste it…read more ❯
How to Speed Up Chrome Browser Easily
As we all know that chrome is very fast browser amongst all browser compare to firefox , internet exporer and safari and so on. However sometimes its…read more ❯
How to stop Facebook account from being hacked
There are lots of methods to lose control of your Facebook account. It’s possible you’ll get hacked and ultimately loose Control over your facebook…read more ❯
Method to watch youtube videos in vlc media player
VLC Media Player Have the Functionality to Play Movies with all most all Video Codecs , Most likely that is the One cause Why VLC media player is…read more ❯
top 4 Linux screenwriting software program
Want to put in writing the next top blockbuster, indie film or hit sitcom? We take a look at out the very best linux screenwriting software  for…read more ❯
Download YouTube Videos Offline mode on your phone
It takes just a few easy steps to download  video from YouTube app. Open a video, tap the download button (see screenshot), select the resolution…read more ❯
How to Look Better While Video Chatting
Video chatting is so commonplace nowadays that even dogs know how to do it. However, with the rise of live conferencing and Skype interviews, the…read more ❯

Latest Headlines
  • Show all
  • Trending News
  • Popular By week
Microsoft gets in Hot Seat by SolarWinds Hacking Campaign

Microsoft gets in Hot Seat by SolarWinds Hacking Campaign

Yet it was Microsoft whose code the cyber spies persistently abused in the campaign’s second stage, rifling through emails and other files of such high-value ...
Your Health Idaho application period ends April 30

Your Health Idaho application period ends April 30

Idahoans who want health insurance coverage beginning May 1, must enroll by Friday, April 30, and make their first premium payment as soon as possible. After ...
The Enemy Agents, The Psychopaths, and the Cult of the Camera

The Enemy Agents, The Psychopaths, and the Cult of the Camera

I work with many talented photographers. Some of them have faced mental health problems, usually depression and anxiety. Photography is a great way of ...
Why Many CISOs drowning in “Security debt”?

Why Many CISOs drowning in “Security debt”?

A report from cybersecurity experts F-Secure, found that despite facing a “well-organized” criminal industry, CISOs are getting better at repulsing many ...
Cyber-security tech startup successful in securing funds

Cyber-security tech startup successful in securing funds

Clive Butkow, CEO of Kalon Venture Partners attributes the investment made into Sendmarc to its exceptional business model and offering created. ...
CrossComply by AuditBoard is a powerful Cloud-Based Information Security Compliance and Risk Solution 

CrossComply by AuditBoard is a powerful Cloud-Based Information Security Compliance and Risk Solution 

AuditBoard, the innovative cloud-based platform transforming how enterprises manage their compliance and risk programs, and enabling enterprises to manage ...
Close Brothers Premium Finance asks brokers to ‘change gears’ |  Latest news

Close Brothers Premium Finance asks brokers to ‘change gears’ | Latest news

“From staying resilient in lockdown, brokers need to change gear and do their bit to bring about a full recovery in 2021.” Hayes added: “Broker communications ...
How to Secure you home?

How to Secure you home?

But when you can’t bring in new household help with visa and travel restrictions, technology can do your bidding instead. Indeed, technology is now so far ...
Soapbox: ‘I’ll Play It On Game Pass,’ But How Does It Affect the Switch eShop?

Soapbox: ‘I’ll Play It On Game Pass,’ But How Does It Affect the Switch eShop?

Over on sister site Pure Xbox I’m welcomed with open arms for a round of Halo (or something), though when I say hello to the Push Square folk they give me ...
Show next
Compsmag - Latest News from tech, business and health
Logo