Lendbuzz Inc. (LBZZ)

Lendbuzz will go public soon, but the exact IPO date is still unknown.
Stock Price: Pending
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Market Capn/a
Revenue (ttm)328.99M
Net Income (ttm)28.28M
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About LBZZ

Lendbuzz is a financial technology company that utilizes artificial intelligence, or AI, and machine learning algorithms to better assess consumer credit risk and expand access to credit. We seamlessly process large sets of data through advanced computational approaches to more accurately predict a consumer’s creditworthiness. Our business benefits both consumers through expanded access to credit, and auto dealerships via increased vehicle sales. [Read more]

Sector Financials
Founded 2015
Employees 475
Stock Exchange NASDAQ
Ticker Symbol LBZZ
Full Company Profile

Financial Performance

In 2024, Lendbuzz's revenue was $281.52 million, an increase of 60.55% compared to the previous year's $175.35 million. Earnings were $22.81 million, an increase of 104.44%.

Financial numbers in USD Financial Statements

News

Lendbuzz Starts U.S. IPO Process On Growth And Profits

Lendbuzz Inc. is seeking IPO investment to expand its profitable used auto loan business. LBZZ has delivered rapid revenue growth, improved marketing efficiency, and leverages proprietary AI for risk ...

5 hours ago - Seeking Alpha

Auto Finance Platform Lendbuzz to Go Public

Auto finance platform Lendbuzz plans to go public. The firm filed a registration statement with the Securities and Exchange Commission and intends to list its common stock on the Nasdaq Global Select ...

3 days ago - PYMNTS

Lendbuzz Files Registration Statement for Proposed Initial Public Offering

BOSTON--(BUSINESS WIRE)--Lendbuzz Inc. (“Lendbuzz”), a financial technology company that utilizes artificial intelligence and machine learning algorithms to better assess consumer credit risk and expa...

3 days ago - Business Wire

Lendbuzz Files Registration Statement for Proposed Initial Public Offering

Lendbuzz Inc., a financial technology company that utilizes artificial intelligence and machine learning algorithms to better assess consumer cr...

3 days ago - Business Wire

Lendbuzz IPO Registration Document (S-1)

Lendbuzz has filed to go public with an IPO on the NASDAQ.

3 days ago - SEC

Fintech firm Lendbuzz files for IPO

Lendbuzz is aiming to go public amid a wave of fellow fintech companies.

3 days ago - CNBC