Avant Files OCC Application for De Novo National Bank Charter

Near-prime lending fintech Avant has filed with the OCC and FDIC for a national bank charter to operate as Avant Bank, N.A., seeking to shed its reliance on bank partners and serve customers directly. This is a formal de novo application — part of a continuing wave of fintechs converting to charter status — and operators should track whether OCC approval conditions mirror those imposed on Revolut and OpenReserve.