Open Lending Corp provides technology and services that enable financial institutions to offer automotive loans to their customers efficiently
The company specializes in enhancing the lending process through its proprietary platform, which uses data analytics and risk assessment tools to streamline decision-making and improve access to financing for consumers. By partnering with lenders, Open Lending simplifies the underwriting process, allowing them to serve a wider range of borrowers while mitigating risk. This innovative approach benefits both lenders and borrowers in the automotive market, fostering greater accessibility to vehicle financing solutions.
Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) investors concerning the Company’s possible violations of the federal securities laws.
Law Offices of Howard G. Smith announces an investigation on behalf of Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) investors concerning the Company’s possible violations of federal securities laws.
The Law Offices of Frank R. Cruz announces an investigation of Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) on behalf of investors concerning the Company’s possible violations of federal securities laws.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, has released its 2025 Vehicle Accessibility Report. The report highlights how credit scores impact consumers in their pursuit of an auto loan and vehicle ownership, as well as how unpredictable market shifts are reshaping vehicle purchasing behavior. For automotive lenders, these changes are a call to adopt a customer-centric approach to automotive lending, prioritizing fairness, flexibility and speed in their service to each borrower.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced the 2024 winners of Open Lending’s 2nd Annual Economic Vehicle Accessibility Awards (“EVAAs”). The winning banks and credit unions are Open Lending partners that are driving vehicle access through financing opportunities for creditworthy near- and non-prime borrowers.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, just announced the certification of the one millionth auto loan through its Lenders Protection™ loan decisioning engine. This achievement underscores the Company’s ongoing efforts to empower financial institutions to grow their portfolios, create access to vehicle ownership, and drive innovation in the automotive lending industry.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, just released a new Near- and Non-Prime Consumer Brief, the latest installment in its quarterly series of data reports on vehicle registrations. The report found that, despite continued challenges in the vehicle market, new vehicle registrations have risen and used vehicle registrations have stabilized in the past year, though supply remains below pre-Covid levels. Limited used vehicle inventory and high interest rates continue to impact buyers, creating pent-up demand among near- and non-prime consumers.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced a partnership with Point Predictive, experts in predictive science. Designed to bring enhanced speed, security, and performance to automotive lenders, the partnership integrates the capabilities of Point Predictive’s new IEValidate™ solution, and IncomePass™ solution into Open Lending’s Lenders Protection™ loan decisioning engine.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today released a new Near- and Non-Prime Consumer Update, continuing its quarterly report series on automotive lending trends among near- and non-prime consumers. The report covers vehicle sales volume, interest rates, payment trends and consumer preferences in the first quarter of 2024. In addition to national data, this research offers findings on regional near- and non-prime automotive lending.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced a partnership with Securian Financial Group, Inc. (“Securian Financial”). The partnership enables Open Lending to provide insurance coverage through its flagship Lenders Protection™ program as market volatility compromises automotive loan portfolios.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, is pleased to announce Dan Berger, former President and CEO of the National Association of Federally-Insured Credit Unions (“NAFCU”) will be a strategic advisor to Open Lending’s executive leadership team. As a trusted advisor, Berger will collaborate closely with Open Lending to enhance product offerings and innovation, drive market share, and further expand relationships with credit unions across the country.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today released its second annual Lending Enablement Benchmark Report. Report findings reveal that traditional methods of assessing borrower creditworthiness are exposing automotive lenders to risk and volatility as delinquencies rise.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions recently partnered with Core Specialty Insurance Holdings, Inc. (“Core Specialty”), enabling Core Specialty to begin providing credit default insurance policies for Open Lending’s Lenders Protection™ platform.
Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, was recently selected by OneAZ Credit Union (“OneAZ”) as their lending enablement solution for automotive loans. The partnership will help OneAZ expand access to auto loans for underserved populations of Arizona while also protecting the assets of its members with deposits from the downside risk of defaults on auto loans.
