Open Lending Competitors, Revenue, Alternatives and Pricing

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Austin, TX USA
Total Funding:N/A
Lead Investor(s):Bregal Sagemount

Industry Ranking

Estimated Revenue & Financials

  • Open Lending's estimated annual revenue is currently $17M per year.
  • Open Lending's estimated revenue per employee is $210,000

Employee Data

  • Open Lending has 81 Employees.
  • Open Lending grew their employee count by 19% last year.
  • Open Lending currently has 1 job openings.
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Open Lending provides automated lending services to financial institutions. The company specializes in loan analytics, risk-based pricing, risk modeling and automated decision technology for automotive lenders throughout the United States. The company was founded in Austin, TX in 2000 and is privately owned. Open Lending had been recognized as one of Austin's Fast 50 growing companies for the past 4 years and has been voted to one of Austin's Best Places to work for the last two years. Its flagship product, the Lenders Protection Program is a unique auto lending program for direct and/or indirect loans that provides a powerful and safe way for lenders to increase near and non-prime auto loan volumes and yields without adding risk to their loan portfolio. Lenders Protection combines sophisticated risk-based pricing models, configured to each lender's individual cost factors and financial targets, with reliable loan default insurance provided by A rated third party insurance companies.

keywords:Banking,Finance,Information Security,Lending,Security


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Open Lending News

08/14/2019 - Lender Protection Allows Auto Refinancing for More Credit Tiers

iLendingDIRECT Expands Partnership with Open Lending to Refinance ... as low as 560 using Lenders Protection powered by Open Lending.

08/26/2019 - 8 Credit Unions, Open Lending, Prodigy Announce Career ...

The $137 million Providence Federal Credit Union in Milwaukie, Ore., announced that president/CEO Shirley Cate was named the 2019 ...

08/15/2019 - Kenn Wardle Joins Open Lending as Chief Risk Officer

Open Lending recently welcomed Kenn Wardle to the team as chief risk officer. Wardle possesses more than 20 years of extensive experience ...