Ares completed an $250m investment in Avant.

Ares, a private equity firm, completed an $250m investment in Avant, a credit-first financial technology company. "Avant has established a track record of success over the course of a decade of delivering on our mission to empower customers to reach their goals with innovative solutions designed to move their financial lives forward. This capital infusion from Ares will further fuel our credit portfolio and next-gen platform, enabling stronger competitive advantage," Matt Bochenek, Avant CEO.