Founded in 2000 and headquartered in Austin, Texas, Open Lending (NASDAQ: LPRO) is a fintech company that provides a proprietary lending enablement platform to financial institutions like credit unions, banks, and automotive captives. The company's mission is to help lenders serve near-prime and non-prime borrowers who are often overlooked. Its flagship product, the Lenders Protection™ program, uses advanced data analytics and risk-based pricing to assess loan risk and provides loan default insurance from third-party carriers, empowering lenders to make more automotive loans with reduced risk.

Founded in

United States