Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2025-1”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans.

LBZZ 2025-1 issued four classes of notes: Class A-1, Class A-2, Class B, Class C. The LBZZ 2025-1 notes have been rated by S&P Global Ratings (S&P) and Kroll Bond Rating Agency (KBRA) as NR/K1+, AA/AAA, A/AA- and NR/A-, respectively.

J.P Morgan Securities LLC acted as lead bookrunner and structuring agent, with Goldman Sachs & Co. LLC, MUFG and RBC Capital Markets, LLC as joint bookrunners; Mizuho and Regions Securities LLC acted as co-managers.

“We are thrilled to see our ABS program continue to grow with strong execution and a growing, committed investor base,” said George Sclavos, Chief Financial Officer at Lendbuzz. “The program continues to attract new investors with each transaction, underscoring investment community confidence in our offerings.”

LBZZ 2025-1 is Lendbuzz’s ninth public securitization since launching the program in late 2021. To date, the company has completed over $1.9 billion of asset-backed securitizations and remains committed to growing the program as part of its diverse funding strategy.

About Lendbuzz

Lendbuzz is an AI-based financial technology company that helps consumers obtain better access to credit when purchasing a vehicle. Powered by alternative data and machine learning algorithms, Lendbuzz can assess the creditworthiness of consumers with limited credit history—a group underserved by traditional banks. Through our auto dealership partners, Lendbuzz offers consumers attractive financing solutions while opening up opportunities for those dealerships to serve a more diverse customer base. Lendbuzz is headquartered in Boston, Massachusetts and was founded in 2015.

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