Tag : Asset Backed Securitization

Lendbuzz Completes $262 Million Asset-Backed Securitization
Artificial Intelligence Finance Fintech Lending News

Lendbuzz Completes $262 Million Asset-Backed Securitization

Business Wire
by Business Wire0
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2024-3”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
Fintech News

FinTech Lender Credibly Supports Small Businesses During the COVID-19 Pandemic, while Preserving their Asset Backed Securitization

Fintech News Desk
by Fintech News Desk0
The pandemic has had a devastating effect not only on small businesses, but also the lenders who provide them with financing. Many lenders were unable to adapt their servicing practices to accommodate distressed merchants while maintaining a viable revenue stream for themselves. In addition, those lenders relied upon their standard......
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