Lendbuzz, an AI-based lendtech and originator, has completed a $262 million asset-backed securitization, primarily supported by a portfolio of auto loans for new and used vehicles. Led by Goldman Sachs as the primary book-runner, and supported by institutions like J.P. Morgan and RBC, the transaction marks Lendbuzz’s largest ABS deal, bringing in 27 new investors. The funding will further Lendbuzz’s mission to expand credit access for consumers with limited credit histories by partnering with auto dealerships to offer favorable loan conditions.

AI-Powered FinTech Lendbuzz Announces $262M Securitization