Lendbuzz Completes $246 Million Asset-Backed Securitization

BOSTON--(BUSINESS WIRE)--Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed its first transaction of 2026, a $246 million securitization ("LBZZ 2026-1†) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans. LBZZ 2026-1 issued five classes of notes: Class A-1, Class A-2, Class B, Class C, Class D. The LBZZ 2026-1 notes have b. ...