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Lendbuzz Files for $1.5B IPO

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Lendbuzz Files for $1.5B IPO

Fintech company Lendbuzz filed for an IPO, aiming for a $1.5 billion valuation. The Boston-based firm uses alternative data and machine learning to assess creditworthiness, funding loans through securitization and bank loans. This IPO follows recent public offerings from other fintechs like Klarna and Chime, although market performance has varied.

Prepared by Christopher Adams and reviewed by editorial team.

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