Lendbuzz announces a $330 million forward flow facility with funds managed by AB CarVal, an established global alternative investment manager.
Lendbuzz completes $219 million asset-backed securitization and achieves its first-ever AAA rating.
Lendbuzz Welcomes Diane Offereins to Board of Directors
New Issuance is Company’s Largest Transaction to Date, Maintaining Record-Breaking Success
Company grew revenue over 80 percent in 2023, using AI and machine learning algorithms to provide auto financing for consumers
Lendbuzz closes $163.15 million securitization collateralized by a pool of retail automobile contracts.
Lendbuzz closes a $125 million credit facility with Royal Bank of Canada; additional warehouse capacity will support continued loan origination growth.
Lendbuzz’s first securitization of 2023 follows a period of record-breaking success for the company.
A press release announcing a new credit facility that closed between Lendbuzz and Regions Bank.
Lendbuzz, a Boston-based fintech company with 75 employees in Massachusetts, raised $360 million in a combination of debt and equity to finance car loans to customers.
