Tagged: amount

September 26, 2025 @ 11:51 am By Omar Faridi  |  

In a move to enhance its digital banking offerings, global Fintech company FIS (NYSE: FIS) has acquired Amount, a Chicago-based provider of account origination and decisioning technology. The financial details of the transaction were not disclosed, but the acquisition signals FIS’s commitment to strengthening its… Read More

August 17, 2024 @ 11:22 am By Omar Faridi  |  

Amount, a digital origination and decisioning SaaS platform powering consumer and small business deposit account opening and loan origination, announced the successful close of a $30 million equity capital raise. The company will use the funds to further “invest in its world-class technology and accelerate… Read More

June 22, 2024 @ 6:58 pm By Tony Zerucha  |  

This week, Amount, a digital origination and decisioning SaaS platform powering account opening, loan origination, and financing, unveiled a partnership with Liberty Bank to modernize its technology infrastructure to originate personal loans from within the bank for the first time. Based in Middletown, Conn., Liberty… Read More

March 17, 2024 @ 5:30 pm By Omar Faridi  |  

Amount, a Fintech powering banking technology for consumer and small business account opening, loan origination and financing, announced Len Eschweiler as Chief Revenue Officer. His appointment coincided with “the launch of Amount’s unified, cloud-based platform, designed to revolutionize account origination and empower institutions of all… Read More

June 18, 2023 @ 12:29 pm By Omar Faridi  |  

Comerica Bank announced the launch of Comerica Small Business Convenient Capital, its first “fully digital,” end-to-end new lending platform “to provide convenient access to capital and innovative value-added benefits for Comerica small business customers.” Built in collaboration with Amount, a digitally enabled lender and credit… Read More

May 21, 2023 @ 6:31 am By Omar Faridi  |  

Amount, a fintech powering banking technology for consumer and small business account opening, loan origination and financing, announces the appointments of Kevin Trilli as Chief Product Officer and Raj Kolluri as Chief Technology Officer. Kevin Trilli, who “brings over 27 years of industry expertise, joins… Read More

July 3, 2022 @ 9:07 pm By Omar Faridi  |  

Virtual banking tech provider Amount is the latest Fintech firm to trim down its workforce, reducing its employee headcount by around 18%, according to a recent report from TechCrunch. Amount offers retail banking and point-of-sale tech to customers such as Banco Popular, HSBC, Regions Bank… Read More

March 17, 2022 @ 8:02 am By Omar Faridi  |  

Mastercard (NYSE: MA) has announced a growing list of partners, such as BNPL specialists and internationally-recognized brands, further expanding Mastercard Installments, “the unique BNPL program that delivers greater choice at checkout, both in-store and online.” Amount, Bass Pro Shops and Cabela’s, Deserve, H&R Block, i2c,… Read More

February 6, 2022 @ 11:48 am By Omar Faridi  |  

Amount, a banking tech provider offering account opening, loan origination and BNPL financing solutions, recently confirmed the acquisition of Linear Financial Technologies, the SMB loan and account origination platform. Linear’s solution set is “complementary to Amount’s retail banking and BNPL solutions for consumer loans,” according… Read More

November 26, 2021 @ 3:26 pm By Omar Faridi  |  

Credova, a Buy Now, Pay Later (BNPL) solution emerging in the outdoor recreation, farm, home and ranch markets, has announced an agreement with Cornerstone Bank. Credova says that it exists because a group of people were “given an opportunity to create something that hadn’t been… Read More

October 26, 2021 @ 2:02 pm By Tony Zerucha  |  

Amount, a technology provider for financial institutions, and global modern card issuing platform Marqeta  (NASD:MQ) announced today a virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later (BNPL) space. The partnership alleviates the digital tools gap that prevents… Read More

May 18, 2021 @ 10:53 am By Samantha Hurst  |  

  Amount, a U.S.-based financial institutions tech company, announced on Tuesday it raised nearly $100 million through its Series D funding round and has achieved unicorn status by having a post-money valuation of $1 billion. Founded last year, Amount reported it delivers the technology financial institutions need to create and… Read More

December 2, 2020 @ 3:46 pm By JD Alois  |  

Amount, a spin-off from online lender Avant, has raised an $81 million Series C funding round led by Goldman Sachs (NYSE:GS). This is an interesting investment for Goldman because they are looking to leverage Marcus to provide digital banking services to erstwhile competitors. Other investors… Read More

February 5, 2020 @ 9:49 am By Samantha Hurst  |  

Digital consumer lending platform Avant announced on Wednesday the completion of its planned spin-off of Amount, which is described as a SaaS technology business that enables financial institutions to digitize their product offering. Avant reported that the spin-off “empowers” both companies to effectively maximize capital and… Read More

October 25, 2018 @ 8:05 am By Samantha Hurst  |  

U.S. banking and financial service HSBC announced on Wednesday it has partnered with Avant’s end-to-end technology platform Amount to launch a new digital lending platform, which will U.S. consumers, including existing HSBC customers, with a simple way to apply for personal loans online. HSBC reported is… Read More

September 25, 2018 @ 4:12 pm By Samantha Hurst  |  

U.S.-based Avant announced on Tuesday it has rebranded its fintech SaaS business Unit to be Amount. According to Avant, Amount utilizes the technology, intellectual property, and capabilities developed by Avant to provide custom technology solutions for financial institutions. Avant reported that several financial institutions, such as Regions Bank and… Read More