Digitizing banks with better BNPL, Underwriting, and Anti-Fraud Tech, with Amount CEO Adam Hughes
The Fintech Blueprint
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Having a Subprime Customer, Is That a Good Idea?
Avant a drectic consumer lending platform power by vaunt, now rebranded to amount. Over a million customers were originating credit on the avant platform, about nine billion dollars in total,. 90 % of which we balanced sheeted ourselves. I came over from being president of a vaunt being ceo of a now rebranded amount. A vaunt transition to be a customer on the amount platform. So very akin to our other banking partners, avaunt to day goes to amount for their tecandated needs. An worse is uniquely positioned because it can attract both anveas well as private capital. And so you get into a world where every single bank was dramatically increasing
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