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Lendbuzz, which uses AI to underwrite auto loans, files for a US IPO and reports H1 2025 revenue up 38% YoY to $172.9M and net income up 98.2% YoY to $11.1M (Arasu Kannagi Basil/Reuters) from Techmeme RSS feed.
Lendbuzz, which uses AI to underwrite auto loans, files for a US IPO and reports H1 2025 revenue up 38% YoY to $172.9M and net income up 98.2% YoY to $11.1M (Arasu Kannagi Basil/Reuters)

Arasu Kannagi Basil / Reuters:
Lendbuzz, which uses AI to underwrite auto loans, files for a US IPO and reports H1 2025 revenue up 38% YoY to $172.9M and net income up 98.2% YoY to $11.1M — Lendbuzz's revenue surged 38% in the first half of 2025, the auto loans platform revealed in its U.S. initial public offering paperwork on Friday …