HSBC has teamed up with Avant to launch a digital personal lending platform in the US. Based on Avant's Amount technology and digital capabilities, the platform will allow HSBC customers to apply online for loans of up to $30,000. The new product is part of HSBC's ongoing efforts to expand its reach into emerging markets by offering more affordable products that are accessible to consumers across all income levels.
HSBC has teamed up with Avant to launch a digital personal lending platform in the US. Based on Avant's Amount technology and digital capabilities, the platform will allow HSBC customers to apply online for loans of up to $30,000. Successful applicants will receive the funds the following day.