Boston based AI-based auto finance platform raised $60m in Series C funding led by Wellington Management at a pre-money valuation of $140m.
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Lendbuzz raises $360m to expand proprietary auto finance platform
"Lendbuzz was founded to expand access to credit for millions of consumers who are currently underserved by the traditional credit system ... This additional financing allows us to further accelerate our growth and continue improving the car purchase experience for our clients.”, said Amitay Kalmar, co-founder and CEO
