Lendbuzz Closes $266 Million Securitization, Deepening Access to Diverse Funding Sources

Strategic Insights -

Boston-based AI-based fintech company Lendbuzz has successfully closed a $266 million securitization collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans. This transaction marks another significant milestone for Lendbuzz, with the company having completed over $2.1 billion of publicly syndicated asset-backed securitizations to date. The securitization, known as LBZZ 2025-2, has been rated by S&P Global Ratings and Kroll Bond Rating Agency, with five classes of notes issued.

Key Takeaways:

  • Lendbuzz has closed a $266 million securitization (LBZZ 2025-2) collateralized by a pool of auto loans, securing new and used automobiles, light duty trucks, and vans.
  • The securitization has been rated by S&P Global Ratings and Kroll Bond Rating Agency, with five classes of notes issued.
  • Goldman Sachs & Co. LLC acted as lead bookrunner and structuring agent, while J.P. Morgan Securities LLC, Mizuho, and RBC Capital Markets, LLC, were joint bookrunners.
  • MUFG and Regions Securities LLC served as co-managers, supporting the transaction.
  • Lendbuzz has completed over $2.1 billion of publicly syndicated asset-backed securitizations to date, indicating the company's growth and commitment to its funding strategy.
  • The additional capacity from the securitization will enable Lendbuzz to continue offering fair access to credit for underserved populations.
  • Lendbuzz's mission is to provide attractive financing solutions through its auto dealership partners, serving a more diverse customer base.
  • Founded in 2015, Lendbuzz is headquartered in Boston, Massachusetts and utilizes an AI-based credit model powered by alternative data and machine learning algorithms.

Statistics:

  • $266 million: The total value of the securitization (LBZZ 2025-2) closed by Lendbuzz.
  • $2.1 billion: The total amount of publicly syndicated asset-backed securitizations completed by Lendbuzz to date.
  • 5: The number of classes of notes issued in the LBZZ 2025-2 securitization.
  • 2015: The year Lendbuzz was founded and headquartered in Boston, Massachusetts.

Sources:

  • BusinessWire: Lendbuzz Closes $266 Million Securitization (July 27, 2025)
  • S&P Global Ratings and Kroll Bond Rating Agency: Ratings for LBZZ 2025-2
  • Lendbuzz: About Lendbuzz