Auto loans platform Lendbuzz hires banks for IPO, sources say

Lendbuzz's IPO preparations come as investor confidence in the consumer finance sector has picked up, with shares of financial technology companies such as Upstart and Affirm rallying in the last two months. These companies' recent tightening of their lending standards, as well as more investors predicting a less sharp than feared economic slowdown and a drop in interest rates, have helped fuel this market sentiment.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.