Lendbuzz, Inc. Asset Profile

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Year established

2015

Location

Boston MA US

Primary Industry

Software

About

Based in Massachusetts, US, Lendbuzz, Inc. was founded in 2015 by co-founders Amitay Kalmar and Dan Raviv. The company is an AI-powered vehicle finance platform that enables people with low or no credit to obtain financing for a car. In October 2023, Lendbuzz, Inc. raised USD 300 million in venture debt funding. The company's platform provides clients with simple access and active management of their auto-loans, with low interest rates regardless of credit history, credit score, or absence of social security number, and with minimal documentation procedure. Lendbuzz, Inc. generates revenue by offering international customers access to car loans and car refinancing with the company's terms and rates. The company plans to expand and further its mission of helping individuals underserved by the traditional credit system.

Current Investors

Bank Hapoalim, Viola Group, ConnectOne Bank

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Primary Industry

Software

Sub Industries

Consumer Finance, e-Financial, Accounting/Finance Software

Website

www.lendbuzz.com

Verticals

Artificial Intelligence, Big Data, FinTech, Mobile Apps

Company Stage

Series D

Total Amount Raised

Subscriber access only

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