AvantCredit Provides GBP100 Million Loans to UK Customers

LONDON, Oct 20, 2015 (PR Newswire Europe via COMTEX) — LONDON, October 20, 2015 /PRNewswire/ — – The landmark figure demonstrates Avant’s continued successful expansion in the UK – AvantCredit UK Managing Director Raj Singh marks the announcement at LendIt Europe conference AvantCredit, one of the UK’s fastest growing marketplace lenders announced today it has provided GBP100 million in loans in the UK market already. AvantCredit is an online mid-term lender which has been operating in the UK since October 2013, and this year hired Managing Director Raj Singh to run its UK operations. The company which has issued nearly 35,000 loans in the UK to date, uses innovative technology and machine-learning algorithms, alongside big data to accurately assess the creditworthiness of individual customers, and lower the costs and barriers…


Link to Full Article: AvantCredit Provides GBP100 Million Loans to UK Customers