Lendbuzz, a fintech utilizing AI and machine learning to disrupt the auto finance industry, announced it has closed a $150 million credit facility with J.P. Morgan. Lendbuzz’s objective is to provide technology that makes it easier for traditionally marginalized borrowers to access consumer financing through AI-powered decisioning, scoring creditworthiness for those who don’t have documented credit histories.

Lendbuzz Secures $150 Million Credit Facility From J.P. Morgan