Articles from Lendbuzz

Lendbuzz Completes $246 Million Asset-Backed Securitization
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed its first transaction of 2026, a $246 million securitization (“LBZZ 2026-1”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
By Lendbuzz · Via Business Wire · February 11, 2026
Lendbuzz Completes $266 Million Asset-Backed Securitization
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $266 million securitization (“LBZZ 2025-2”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
By Lendbuzz · Via Business Wire · July 2, 2025
Lendbuzz Wins “Consumer Lending Innovation Award” in 9th Annual FinTech Breakthrough Awards Program
Lendbuzz, an AI-based fintech company that provides consumers with better access to credit when purchasing a vehicle, today announced that it has been selected as winner of the “Consumer Lending Innovation Award” in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
By Lendbuzz · Via Business Wire · March 19, 2025
Lendbuzz Completes $262 Million Asset-Backed Securitization
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2025-1”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
By Lendbuzz · Via Business Wire · January 29, 2025
Lendbuzz Completes $262 Million Asset-Backed Securitization
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2024-3”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
By Lendbuzz · Via Business Wire · October 9, 2024
Lendbuzz Announces a New $400 Million Forward Flow Agreement with Viola Credit
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has secured a new $400 million forward flow program with Viola Credit, a global alternative asset manager specialized in providing asset based lending solutions to innovative technology enabled lenders.
By Lendbuzz · Via Business Wire · August 20, 2024
Lendbuzz Welcomes Steve Linehan to Board of Directors
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, is proud to announce Stephen Linehan has joined its board of directors, serving in the role of chairman of the audit committee. Mr. Linehan brings over forty years of experience in the financial services industry as a CFO and public company corporate treasurer.
By Lendbuzz · Via Business Wire · July 15, 2024
Lendbuzz and MUFG Announce $100 Million Warehouse Facility
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $100 million credit facility with MUFG. The additional warehouse capacity will fuel Lendbuzz’s continued loan origination growth.
By Lendbuzz · Via Business Wire · June 4, 2024
Lendbuzz Completes $216 Million Asset-Backed Securitization
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $216 million securitization (“LBZZ 2024-2”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.
By Lendbuzz · Via Business Wire · May 8, 2024
Lendbuzz Closes $100 Million Warehouse Facility With Mizuho Americas
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $100 million warehouse facility with Mizuho Americas.
By Lendbuzz · Via Business Wire · May 1, 2024
Lendbuzz Announces $330 Million Forward Flow Agreement with AB CarVal Funds
Lendbuzz, an AI-based fintech company that helps consumers obtain fair access to credit when purchasing a vehicle, announced today that they have executed a $330 million forward flow facility with funds managed by AB CarVal, an established global alternative investment manager.
By Lendbuzz · Via Business Wire · March 19, 2024
Lendbuzz Welcomes Diane Offereins to Board of Directors
Lendbuzz, an AI-based financial technology company that helps consumers obtain fair access to credit when purchasing a vehicle, today announced that it has added Diane Offereins to its board of directors.
By Lendbuzz · Via Business Wire · January 30, 2024
Lendbuzz Completes $235 Million Asset-Backed Securitization
Lendbuzz, a fintech company that uses AI to provide auto loans to a wide spectrum of borrowers, today announced that it has closed a $235 million securitization collateralized by a pool of retail automobile contracts made to obligors and secured by new and used automobiles, light duty trucks, and vans.
By Lendbuzz · Via Business Wire · October 18, 2023
Lendbuzz Raises $345 Million to Expand its AI-Powered Auto Finance Platform
Lendbuzz, a financial technology company, that uses alternative data, machine learning, and deep neural networks to provide auto loans for a wide spectrum of borrowers announces today that they raised $345 million in a combination of $45 million in equity funding and $300 million in a forward flow facility.
By Lendbuzz · Via Business Wire · October 4, 2023
Lendbuzz Completes $163.15 Million Asset-Backed Securitization
Lendbuzz, the AI-based fintech company that’s disrupting the automotive lending industry, announced that it has closed a $163.15 million securitization collateralized by a pool of retail automobile contracts made to obligors and secured by new and used automobiles, light duty trucks, and vans. This transaction, Lendbuzz’s second securitization of 2023, and fourth since launching the program, continues a period of record-breaking success for the company.
By Lendbuzz · Via Business Wire · June 8, 2023
Lendbuzz Partners with RBC and Expands Warehouse Facility by $125 Million
Lendbuzz, the AI-based fintech company that is transforming the automotive finance market, announced that it closed a $125 million credit facility with Royal Bank of Canada. The additional warehouse capacity will support continued loan origination growth.
By Lendbuzz · Via Business Wire · May 10, 2023
Lendbuzz Named a 2023 Emerging 8 Award Winner
Lendbuzz, a fintech company that is disrupting the car financing market using AI and machine learning algorithms was honored today with a 2023 Emerging 8 Award by the Cherokee Media Group (CMG), a leading business-to-business media company and news source for the pre-owned automotive industry. Established in 2018, this is the fifth year for the award program honoring companies that improve a specific aspect of the automotive industry through technology.
By Lendbuzz · Via Business Wire · April 19, 2023
Lendbuzz Named 2023 “Best Consumer Lending Platform” in 7th Annual FinTech Breakthrough Awards Program
Lendbuzz, the AI-based fintech company that is revolutionizing the auto finance market, today announced that it has been selected as winner of the “Best Consumer Lending Platform” award in the 7th annual FinTech Breakthrough Awards, conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today.
By Lendbuzz · Via Business Wire · March 23, 2023
Lendbuzz Completes $187.95 Million Asset-Backed Securitization
Lendbuzz, the AI-based fintech company that’s transforming the automotive finance market, announced that it has closed a $187.95 million securitization collateralized by a pool of retail automobile contracts made to obligors and secured by new and used automobiles, light duty trucks, and vans. This transaction, Lendbuzz’s first securitization of 2023, and third since launching the program, follows a period of record-breaking success for the company.
By Lendbuzz · Via Business Wire · February 28, 2023
Lendbuzz Secures $135 Million Credit Facility from Regions Bank to Expand Dealership Floor Planning and Consumer Loan Originations
Lendbuzz, the AI-based fintech company that is revolutionizing the auto finance market, announced today that it closed a $135 million credit facility with Regions Bank.
By Lendbuzz · Via Business Wire · December 15, 2022
Lendbuzz Secures $150 Million Credit Facility From J.P. Morgan
Lendbuzz, a fintech company that is disrupting the car financing market using AI and machine learning algorithms, announced today that it closed a $150 million credit facility with J.P. Morgan.
By Lendbuzz · Via Business Wire · November 1, 2022
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