Today was a big day for outages, with both The New York Times and Microsoft suffering downtime. So today’s Funding Daily is all about staying online and making your service available to all.
AvantCredit looks at a range of data sources and uses machine learning to determine lending risk, rather than relying solely on a credit score. The platform can approve and fund a loan in near real-time.
AvantCredit, the consumer lending company that offers loans to the tune of $1,000 to $10,000 to individuals, raised $9 million in Series A.