Full-Time
Market Development Manager
Posted on 2/19/2025
Lendbuzz
201-500 employees
Provides auto loans for international students
Senior, Expert
Remote in USA
The job is remote but focuses on market development in New Jersey.
You match the following Lendbuzz's candidate preferences
Employers are more likely to interview you if you match these preferences:
- 7+ years of leadership experience in Automotive F&I or Lending
- A strong network of dealer contacts
- Proven track record of signing, training, and growing dealer partnerships
- Ability to thrive in a fast-paced, high-growth environment
- A data-driven mindset with a passion for market analysis and strategy
- 80% travel within the region
- Fluency in Spanish & English is a plus
- Grow Our Dealer Network – Leverage your sales expertise and strong industry relationships to bring new dealerships onboard.
- Be a Trusted Advisor – Train and support dealers on how to maximize profitability through Lendbuzz’s cutting-edge financing solutions.
- Deliver a First-Class Experience – Collaborate with underwriting and inside sales teams to ensure smooth transactions and top-tier service for both dealers and consumers.
- Analyze & Strategize – Stay ahead of industry trends, pinpoint growth opportunities, and continuously refine our market approach.
- Expand Our Footprint – Use data-driven insights to determine market share potential and build the right field sales team to fuel our expansion.
- Recruit & Lead – Partner with our Sales Recruiting Team to hire, train, and mentor top-tier talent who will take Lendbuzz to the next level.
- Fluency in Spanish & English is a plus
Lendbuzz provides auto loans specifically designed for international students and professionals in the United States who may struggle to secure financing through traditional lenders. The company uses advanced data analytics and machine learning to evaluate the creditworthiness of borrowers, focusing on a wider range of financial and personal data rather than just credit scores. This allows Lendbuzz to cater to a niche market that is often overlooked by conventional financial institutions. The loan application process is simple and user-friendly, enabling borrowers to apply online, verify their information quickly, and sign documents digitally. Lendbuzz earns revenue by charging interest on loans, with rates tailored to each borrower's risk profile, and may also receive fees from car dealerships for facilitating loans. The goal of Lendbuzz is to make auto financing more accessible for individuals with limited credit history in the U.S.
Company Size
201-500
Company Stage
N/A
Total Funding
$356.1M
Headquarters
Boston, Massachusetts
Founded
2015
Simplify's Take
What believers are saying
- Lendbuzz secured $100M from Japan's largest bank, enhancing its financial stability.
- The U.S. auto loan market growth benefits Lendbuzz's specialized services.
- Increased adoption of digital lending aligns with Lendbuzz's user-friendly application process.
What critics are saying
- Increased competition from similar fintech companies could erode Lendbuzz's market share.
- Potential regulatory scrutiny on AI models may increase compliance costs.
- Economic downturns could impact demand for auto loans, affecting Lendbuzz's revenue.
What makes Lendbuzz unique
- Lendbuzz uses AI to assess creditworthiness beyond traditional credit scores.
- The company targets international students and immigrants, a niche underserved by traditional lenders.
- Lendbuzz partners with auto dealerships to offer seamless financing solutions.
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Benefits
Dental & health insurance
401(k)
Company outings
Fitness center
Unlimited PTO
Stocked kitchen
Company issued hardware
Cool swag
Flexible working hours
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%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
Lendbuzz announces a new $400 million forward flow agreement with Viola Credit.
Lendbuzz welcomes Steve Linehan to board of directors.
Lendbuzz secures $100M from japan's largest bank.
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has close