Tag: auto loans

Lendbuzz, an AI-based FinTech firm, has successfully closed a significant $262m asset-backed securitization.

Lendbuzz, which specialises in improving access to credit for consumers purchasing vehicles, has secured a $100m warehouse facility with Mizuho Americas. 

Revfin, an Indian FinTech in the electric vehicle (EV) loan sector, has raised $14m in a series B funding round. 

Lendbuzz, a FinTech company specialising in utilising artificial intelligence to provide auto loans to a diverse range of borrowers, has concluded a $235m securitisation.

JPMorgan Chase & Co, the renowned financial behemoth, has raised its ownership in C6, a prominent Brazilian digital bank, from an initial 40% to a significant 46%.

Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.

Auto refinancing startup MotoRefi has closed its Series A-1 funding round on $10m, with Moderne Ventures as the lead investor.

Scout24, a digital marketplaces operator, has acquired the entire shares of FINANZCHECK.de for €285m on a cash-free and debt-free basis.