Lendbuzz, founded in 2015, applies artificial intelligence, machine learning and alternative data analytics to credit risk modeling in auto lending. The company's proprietary models assess creditworthiness beyond traditional credit scores, allowing it to underwrite applicants who lack a US credit history - among them international professionals, students and expats. Engineering work centres on these risk models and the alternative-data pipelines that feed them.
Operating across the United States, Lendbuzz originates more than $1.5 billion in auto loans annually and has helped tens of thousands of customers become car owners. Alongside direct origination, the company provides financing solutions to dealership partners, approving buyers who would otherwise be turned down and so opening additional sales opportunities for those dealers.
The company was founded from its founders' own experience of credit exclusion. Its stated focus is on fairness and personalised financial opportunity, using proprietary and emerging technology to broaden access to consumer credit for underserved groups.
