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Lendbuzz
Car financing platform
- 201-500 employees
- Fintech
- B2C
- Artificial Intelligence
- Transport
- Lending
- SaaS
- Financial District, Boston, MA
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Company mission
To help you build your credit and get your dream car with our excellent services.
Our take
On a mission to help individuals currently underserved by the traditional credit system, Lendbuzz is an automobile finance platform that uses machine learning and AI to help consumers with little to no credit history access financing when buying a car.
Research found that nearly two thirds of consumers want to improve their credit scores, likely because it’s deemed the only way to access loans and credit cards. Whilst banks and traditional lenders assess credit based on FICO scores, Lendbuzz finds new signals and other relevant data to assess a person’s credit worthiness.
$100 million in lending capital from Mitsubishi UFJ Financial Group is fuelling more warehouse capacity for Lendbuzz's loan origination growth. It has secured its substantial investment thanks to a prolonged period of high performance, having established a year-on-year loan originations growth of more than 100% per annum.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 401(k)
- Dental and Health Insurance
- Company Outings
- Cool Swag
- Fitness Center
- Unlimited PTO
- Stocked Kitchen
- Company Issued Hardware
Company values
- Diversity is a competitive advantage - We celebrate our differences, and are better when we have a variety of experiences, viewpoints, and backgrounds.
- Compassion is a strength - We care about our customers and look to build long-term relationships with them.
- Simplicity is a key feature - We work hard to make our forms and processes as painless and intuitive as possible.
- Honesty and transparency are non negotiable - We incorporate these traits in all of our interactions.
- Financial opportunity belongs to everyone - We work every day to improve lives by extending this opportunity.
Funding (last 2 of 8 rounds)
Oct 2023
$45m
LATE VC
Aug 2022
$43.7m
LATE VC
Total funding: $253.1m
This company has top investors
Leadership
Amitay Kalmar
(CEO)Previously served as Vice President of Technology Investment Banking for Deutsche Bank, and Project Manager for IDF.
Dan Raviv
(CTO)Previously worked in Research for both Massachusetts Institute of Technology (MIT) and Hewlett-Packard.
Articles
Jobs (9)
Software Engineering
People, HR, Recruitment
Operations & Strategy
Other Engineering