(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.

Fintech IPOs are starting to trickle back in numbers as investor appetite for high-growth tech stocks revives after a years-long slump.

Swedish buy-now, pay-later lender Klarna went public in New York earlier this week, ending the long wait for its stock market debut.

Analysts say Klarna’s aftermarket performance will serve

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