Merchants work in the New York Stock Exchange on August 29, 2025.
NYSE
Lendbuzz, a Fintech company of Finance Auto, plans to present an OPI prospect as soon as Friday, according to people familiar with the matter.
The Boston -based company is pointing to an assessment of around $ 1.5 billion, according to one of the people, who asked not to be appointed discussing internal issues. That assessment can change as Lendbuzz and his advisors maintain discussions with investors.
The company of a decade uses alternative data and automatic learning algorithms to evaluate the solvency of consumers with limited financial history. Lendbuzz loans are financed with titulization supported by assets, traditional banks warehouse loans and through the sale of portfolios to institutional investors, mainly insurance companies, looking for performance.
Lendbuzz aims to go over in the middle of a wave of Fintech companies. Klarna and Ring Each one has made public in the last three months. Chime is quoted below its initial public offering price, while Klarna shares are approximately 7% higher than their opi, with a price earlier for the week.
Goldman Sachs and JPMorgan They are managing the offer of Lendbuzz, according to familiar people.
Lendbuzz, Goldman and Jpmorgan declined to comment.
