Open Lending Revenue and Competitors

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Austin, TX USA

Location

N/A

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Open Lending's estimated annual revenue is currently $23.3M per year.(i)
  • Open Lending's estimated revenue per employee is $143,000

Employee Data

  • Open Lending has 163 Employees.(i)
  • Open Lending grew their employee count by 27% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$634.3M1443114%$144.1M$9.1B
#2
$17.6M8425%N/AN/A
#3
$156.2M595N/AN/AN/A
#4
$6.9M53N/AN/AN/A
#5
$0.3M3N/AN/AN/A
#6
$28.8M20632%$730MN/A
#7
$1.1M14N/AN/AN/A
#8
$4M38N/AN/AN/A
#9
$0M3-50%$3.9MN/A
#10
$6.9M41N/AN/AN/A
#11
$1.3M10N/AN/AN/A
#12
$5M43N/AN/AN/A
#13
$0.6M6N/AN/AN/A
#14
$8.2M49N/AN/AN/A
#15
$11.2M77N/AN/AN/A

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

N/A

Total Funding

163

Number of Employees

$23.3M

Revenue (est)

27%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Open Lending News

2022-04-20 - What 5 Analyst Ratings Have To Say About Open Lending - Benzinga

Open Lending LPRO has observed the following analyst ratings within the last quarter: Bullish, Somewhat Bullish, Indifferent...

2022-04-20 - Morgan Stanley Trims Open Lending (NASDAQ:LPRO) Target ...

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance...

2022-04-17 - Open Lending Co. (NASDAQ:LPRO) Given Consensus Rating ...

Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance...

2021-09-16 - Openspace Ventures leads $12m funding for Thai lending platform SCB Abacus

Thai alternative digital lending platform SCB Abacus has raised $12 million in a Series A funding round led by Openspace Ventures, according to an announcement. The financing was joined by Vertex Ventures Southeast Asia and CAI Partners. The company plans to use the capital to expand its produ ...

2019-08-26 - 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 ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$37.7M1638%N/A
#2
$59.2M1634%N/A
#3
$29.3M16325%N/A
#4
$41M1642%N/A
#5
$27.1M164N/AN/A