Lendbuzz Announces a New $400 Million Forward Flow Agreement with Viola Credit

Retrieved on: 2024-08-20 14:07:59

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Lendbuzz Announces a New $400 Million Forward Flow Agreement with Viola Credit. View article details on hiswai:

Summary

The article describes how Lendbuzz, an AI-based fintech company, secured a $400 million program with Viola Credit to enhance vehicle loan access for underserved consumers. It emphasizes leveraging AI, alternative data, and asset-based lending to challenge traditional credit systems. Tags: Personal finance, Credit, Viola Credit, Loans, Credit history, FinTech, Asset-based lending, Criticism of credit scoring systems in the United States

Article found on: finance.yahoo.com

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