Open Lending Corporation is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers. The Company provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States. It targets the financing needs of near-prime and non-prime borrowers, or borrowers with a credit bureau score generally between 560 and 699. Lenders Protection platform (LPP), the Company's flagship product, is a cloud-based automotive lending platform. LPP supports the full transaction lifecycle, including credit application, underwriting, real-time insurance approval, settlement, servicing, invoicing of insurance premiums and fees and advanced data analytics of the automotive lender's portfolio under the program. Its risk models project loan performance, including expected losses and prepayments, in arriving at the optimal rate. It serves around 454 active lenders.
Company codeLPRO
Company nameOpen Lending Corp
IPO dateMar 02, 2018
Founded at2019
CEOMs. Jessica (Snyder) Buss
Number of employees205
Security typeOrdinary Share
Fiscal year-endMar 02
Address1501 S. Mopac Expressway
CityAUSTIN
Stock exchangeNASDAQ Global Market Consolidated
CountryUnited States of America
Postal code78746
Phone15128920400
Websitehttps://www.openlending.com/
Company codeLPRO
IPO dateMar 02, 2018
Founded at2019
A total of
0.00
USD has been distributed in dividends over the past 5 years.

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