Avant appoints Matt Bochenek CEO
CHICAGO, May 24, 2021 / PRNewswire / – Before, a leading financial technology company that provides a full suite of digital banking products to middle-income U.S. consumers, today announced the appointment of Matt Bochenek as CEO. He will succeed James paris, who has served as CEO for January 2020. Paris will move to a new role of vice-president of Avant.
Bochenek has been Avant COO since 2019 and brings nearly 20 years of financial services experience to this role. As one of the first employees of the company, he has played an important role in the development of Avant’s business over the past eight years, including the split of the company’s SaaS business, Amount, in 2020. ; help shape the company’s COVID-19 response and increased support for customers facing financial hardship; and the April 2021 acquisition of Zero Financial, Inc. Prior to joining Avant, Bochenek spent over a decade at Superfund Asset Management, a global provider of alternative investment products, most recently as Managing Director of Business Development and Strategy.
“Matt brings to the table a simultaneous strategic vision and unparalleled understanding of our operations,” said Al Goldstein, co-founder and executive chairman of Avant. “This has been Matt’s path for a long time. He has shown tremendous leadership in the face of complex business decisions, and I look forward to working with him and our entire management team to guide us through the next phase of business. ‘Before.”
During his six-year tenure at Avant, Paris orchestrated some of the company’s most important strategic initiatives, including the spin-off of Amount and the evolution of the company’s digital banking, which includes the acquisition of Zero Financial and its neobank, Level. Under his leadership, Avant surpassed the 1.5 million customer mark in 2020 and is now poised to provide a full range of banking products and services to even more consumers.
“It has been a great honor to work with such a talented team of Avant’s leaders and employees to deliver innovative and transparent financial products to underserved consumers and I look forward to continuing to contribute to Avant’s strategy. over time, ”said Paris. “The company is in good hands with Matt Bochenek proven leadership and the team around it, and is poised to experience tremendous growth and success. “
“James’ extensive experience in financial markets and consumer lending has enabled Avant and Amount to evolve over the past six years,” said Goldstein. “James has provided strong leadership through corporate restructurings, mergers and acquisitions and a global pandemic, while driving growth and preparing Avant for long-term success.” I am grateful for his contributions to date and look forward to having him by my side. a strategic voice that nourishes our long-term vision. ”
Avant provides a full ecosystem of digital banking products, including deposits, personal loans, credit cards, and auto loans to everyday American consumers. Through a combination of technology, analytics and superior customer service, Avant gives underserved and unbanked consumers access to credit with innovative, reward-based products that simplify and improve their financial journey. Since 2012, Avant has connected 1.7 million customers to $ 7.5 billion in loans and 500,000 credit cards. A high-growth fintech company, Avant was featured in The Wall Street Journal, The New York Times, TechCrunch, Fortune and Bloomberg, and has raised more than $ 650 million equity. Visit www.avant.com for more information.