Wilmington, DE – According to filings with the U.S. Securities and Exchange Commission, Lendbuzz is raising $48,062,458.00 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 history a 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
https://www.linkedin.com/in/amitay-kalmar-10a0376/

SOURCE: http://www.intelligence360.io
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