Al Goldstein was Appointed as Chief Executive Officer at Avant

Date of management change: December 15, 2012 

What Happened?

Chicago, IL-based Al Goldstein as Chief Executive Officer

 

About the Company

Avant is an online lending platform and the leading provider of credit alternatives to middle income consumers. Avant offers unsecured personal loans ranging from $2,000-$35,000 with funding as soon as the next business day, and has served more than 600,000 customers worldwide. Avant offers its technology solutions to bank and non-bank partners via its Powered By Avant product to provide an innovative digital lending experience to their customers. Founded in late 2012, Avant has raised over $600 million of equity capital and originated over $4 billion of loans on the platform. We are always looking for talented people who can help change the lending industry.

 

About the Person

Al Goldstein is the co-founder and CEO of AvantCredit.com, one of the fastest growing national online providers of consumer loans. By utilizing advanced algorithms and machine-learning capabilities, AvantCredit offers a unique and highly customized approach to the personal loan process. After securing more than $1 billion in funding, AvantCredit was the most funded company in Chicago in 2014. The company has issued more than 100,000 loans operating in 46 U.S. states and in the United Kingdom under the brand SpringCoin.co.uk. Prior to AvantCredit, Al co-founded Pangea Properties, a private REIT invested in distressed and value-add multi-family properties in the Chicago, Indianapolis and Baltimore markets. Al was co-founder, President and CEO of CashNetUSA, now Enova International, from 2004 until 2008, after selling to Cash America International in 2006. Prior to that, he was part of Deutsche Bank`s Leveraged Finance practice in New York and worked on various secured and unsecured leveraged debt transactions. Al is also an active member of the Young Presidents Organization (YPO) and America Israel Public Affairs Committee (AIPAC) and spends time mentoring young entrepreneurs. He received a Bachelor of Science in Finance with a Mathematics Minor from the University of Illinois where he graduated with High Honors and is a CFA charter holder.

 

Info Source

Press Release

 
 

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