Open Lending Corp: Specializing in loan analytics, risk-based pricing, and auto lender tech in the US.
Location
Austin, TX, US
Founded
2000
Open Lending Corporation specializes in providing financial services focused on loan analytics, risk-based pricing, and automated decision technology for automotive lenders in the United States. The firm leverages big data to help lenders avoid volatility, expand loan offerings, earn higher yields, and manage risk effectively. Their solutions are designed to increase near and non-prime auto loan volumes without adding risk, thereby balancing sales and risk for their clients.
Open Lending's key partners and decision-makers are experts in financial technology and automotive lending. The firm's investment philosophy centers around enhancing efficiency and profitability for lenders through advanced analytics and automated decision-making tools. Open Lending offers unique value-add services such as comprehensive risk analysis and modeling, which enable their clients to serve more members while maintaining a balanced approach to sales and risk management.
Open Lending - Classification
Also Known As
Open Lending, LLC
NAICS
522200Nondepository Credit Intermediation
522290Other Nondepository Credit Intermediation
522299International, Secondary Market, and All Other Nondepository Credit Intermediation
520000Finance and Insurance
522000Credit Intermediation and Related Activities
SIC
6100Nondepository Credit Institutions
6140Personal Credit Institutions
6141Personal Credit Institutions
ISIC
6492Other credit granting
Show 12 more industry codes
NAICS
522210Credit Card Issuing
522220Sales Financing
522291Consumer Lending
522310Mortgage and Nonmortgage Loan Brokers
522300Activities Related to Credit Intermediation
SIC
6160Mortgage Bankers And Brokers
6163Loan Brokers
5000
Wholesale Trade-durable Goods
6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
