Lendbuzz ramps up origination volume ahead of second ABS deal

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Auto financing startup Lendbuzz ratcheted up its origination volume ahead of the lender’s second entrance into the auto asset-backed securities (ABS) market, as it looks toward continued expansion. Boston-based Lendbuzz uses artificial intelligence (AI) and machine learning to lend to car buyers who lack a U.S.-based credit bureau history. More than 55% of the loans […]





Source : AutoFinanceNews