Lendbuzz Files for Nasdaq IPO with Valuation Over $1 Billion

Lendbuzz, a US-Israeli auto finance fintech company, has filed a prospectus with the SEC for a Nasdaq IPO, seeking to raise an undisclosed amount of money. The company, valued at over $1 billion, plans to trade under the LBZZ ticker and has not yet disclosed the number of shares or price range. Lendbuzz was founded in 2015 and provides a solution for Americans with difficulty obtaining traditional bank financing for car purchases through its AI-based platform. The company serves over 2,100 car dealerships in the US and has raised $190 million in equity and over $4 billion in debt.

Lendbuzz Inc., a US-based fintech company specializing in auto lending, has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for a Nasdaq IPO. The company, valued at over $1.5 billion, aims to raise an unspecified amount of capital and trade under the ticker symbol LBZZ. The IPO is being managed by Goldman Sachs, JPMorganChase, and RBC Capital Markets, with Mizuho also acting as a lead book-running manager Lendbuzz Files Registration Statement for Proposed Initial ...^[2].

Founded in 2015, Lendbuzz provides AI-driven auto financing solutions for consumers with limited or no traditional credit history. The company serves over 2,100 car dealerships in the US and has raised $190 million in equity and over $4 billion in debt Auto lending fintech Lendbuzz files for IPO^[1]. Lendbuzz's revenue grew by 38% in the first half of 2025, reaching $172.9 million, while net income increased by 98% to $11.1 million Auto lending fintech Lendbuzz files for IPO^[1].

The company's IPO comes amidst a resurgence in fintech IPOs, with several notable companies going public this year, including Chime, Circle, Wealthfront, and Wise. This week alone, BNPL provider Klarna and crypto exchange Gemini have debuted on the NYSE and Nasdaq, respectively Auto lending fintech Lendbuzz files for IPO^[1].

Lendbuzz's IPO filing also highlights potential risks, including changes to immigration policy and the recent bankruptcy of another auto lender, Tricolor, due to alleged fraud Auto lending fintech Lendbuzz files for IPO^[1]. The company serves a significant number of immigrants and consumers with thin or no credit files, which could be impacted by immigration policy changes.

Lendbuzz's AI-powered platform allows it to assess consumer credit risk more accurately, expanding access to credit for underserved consumers. The company's focus on AI and machine learning positions it to capitalize on the growing demand for innovative financial solutions.