AvantCredit recently rebranded to Avant in hopes of no longer being recognized as just a lending service. The 3 year old Chicago based company wants to develop into a holistic consumer financial platform, to do this the company acquired ReadyForZero, a provider of planning software. The deal allows Avant to couple the ReadyForZero's debt management tools with its own credit monitoring service, enhancing its suite of financial products.
Two of the most exciting names in consumer lending and debt management have joined forces. San Francisco- based credit education startup ReadyForZero has been acquired Chicago’s Avant, a big data-driven platform. Both companies have ties to Y Combinator, with ReadyForZero graduating from the accelerator in 2010, and Avant co-founders John Sun and Paul Zhang participating in a later class under a prior company called Debteye.
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