Market data is displayed on a screen inside the Nasdaq stock market site in New York City, U.S., April 7, 2025. REUTERS/Kylie Cooper/ File Photo
(Reuters) - Lendbuzz's revenue surged 38% in the first half of 2025, the auto loans platform revealed in its U.S. initial public offering paperwork on Friday, as it became the latest financial technology firm set to hit the new listings market.
The Boston, Massachusetts-based company reported net income of $11.1 million on revenue of $172.9 million in the six months ended June 30, compared with net income of $5.6 million on revenue of $125.4 million a year earlier.
