Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

U.S. Bank Avvance Added to Pure Finance Group’s Home Improvement Lending Platform

Second partnership for Avvance as point-of-sale (POS) lending continues to scale

U.S. Bank Avvance, a real-time, point-of-sale lending solution, has been selected by Pure Finance Group to support the home improvement lender’s next growth effort.

The integration of Avvance enabled Pure Finance’s efforts to expand into the HVAC segment and is the latest fintech platform to leverage Avvance to provide real-time point-of-sale lending for its own clients.

“U.S. Bank Avvance supports business growth of our partners by providing financing options at the time of sale to meet customers’ demands, coupled with the reliability of the 5th largest commercial bank in the United States,” said Rob Seidman, head of U.S. Bank Avvance. “We’re excited to support Pure Finance’s expansion into a new segment with Avvance, as we continue to discover partners who want the flexibility that real-time point-of-sale lending brings.”

Founded in 2018, the Maryland-based Pure Finance has provided financing for more than 20,000 homeowners through its lending platform developed to support home improvement contractors.

“We’re thrilled to leverage the kind of innovative lending product like Avvance from an innovative and reliable banking partner in U.S. Bank,” said Ed Meister, CEO at Pure Finance Group.

Avvance is the latest addition to U.S. Bank’s deep capabilities that bring together banking and payments. Launched in October 2023 as U.S. Bank’s first real-time consumer lending product, Avvance provides APR-based consumer term loans at the point-of-sale. Focused at launch on providing real-time financing for home improvement and healthcare clients, the Avvance team is continuing to explore how to further expand the innovative point of sale solution to additional segments.

To learn more about Avvance, visit www.avvance.com.

About U.S. Bancorp

U.S. Bancorp, with approximately 70,000 employees and $676 billion in assets as of March 31, 2025, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2025 World’s Most Ethical Companies and one of Fortune’s most admired superregional banks. Learn more at usbank.com/about.

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