Open Lending Revenue and Competitors

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