Startup lender reveals strategy to disrupt auto finance

How do you measure risk for consumers without long credit histories in the U.S.? That’s the question Amitay Kalmar confronted when he founded Boston-based Lendbuzz in 2016. Three years later, Lendbuzz is carving out a share of potential auto loan customers by leveraging machine learning and data analytics. The startup lender targets foreign-born residents, such […]
  • Bianca Chan
  • August 19, 2019
  • 0

“Think Like a Startup,” Carvana Founder Says

Large auto lenders need to maintain a start-up mindset in order to remain customer-centric, Ernie Garcia, founder and chief executive of online used-car marketplace Carvana, told Auto Finance News. “Oftentimes, there are processes that get cemented in this industry, and oftentimes it’s because they [lenders] have been doing a very good job utilizing those processes,” he said. “It’s […]
  • Diana Asatryan
  • November 9, 2015
  • 1