Boston, MA – According to filings with the U.S. Securities and Exchange Commission, Lendbuzz is raising $50,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Amitay Kalmar played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Lendbuzz
Lendbuzz is an AI-based auto finance platform that helps consumers with thin or no credit history obtain financing when purchasing a car. Powered by machine learning and proprietary algorithms, Lendbuzz can assess the creditworthiness of consumers with limited credit historya group underserved by traditional banks. Through their auto dealership partners, Lendbuzz offers consumers attractive financing solutions while opening up opportunities for those dealerships to serve a more diversified client base. Lendbuzz is headquartered in Boston, Massachusetts and was founded in 2015.

To learn more about Lendbuzz, visit http://lendbuzz.com/

Contact:
Amitay Kalmar, Chief Executive Officer
857-999-0250
amitay.kalmar@lendbuzz.com
https://www.linkedin.com/in/amitay-kalmar-10a0376/

SOURCE: http://www.intelligence360.io
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