In 2015, our founders experienced firsthand a problem that millions face: a lack of credit history in the US prevented access to essential financial products like car loans. They realized that traditional lending practices were unfairly excluding people - particularly international professionals, students, and expats - who were creditworthy but simply lacked a US credit history. This personal experience became the driving force behind Lendbuzz's founding.
They set out with a simple but powerful goal: to use emerging and proprietary technologies to broaden access to credit. By leveraging artificial intelligence, machine learning, and alternative data sources, Lendbuzz could assess creditworthiness beyond traditional credit scores. Today, seven years later, they've helped tens of thousands of people become car owners who would have otherwise been denied, while simultaneously opening new sales opportunities for dealership partners. The company now originates over $1.5 billion in auto loans annually, backed by major financial institutions, and continues expanding its mission to make financial opportunity more personalized and fair for everyone.
