Open Lending

LPRO · NASDAQ

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About LPRO

Open Lending Corp. provides lending enablement and risk analytics to credit unions, regional banks and the captive finance companies of original equipment manufacturers (OEM Captives). The company is headquartered in Austin, Texas and currently employs 164 full-time employees. The company went IPO on 2018-03-02. The firm also operates as a third-party administrator that adjudicates insurance claims and premium adjustments on automotive loans. Its flagship product, Lenders Protection platform (LPP), is a cloud-based automotive lending enablement platform. The platform uses risk-based pricing models that enable automotive lenders to assess the credit risk of a potential borrower using data-driven analysis. The firm's proprietary risk models project loan performance, including expected losses and prepayments, in arriving at the optimal contract interest rate.

Employees
164
Headquarters
Austin, Texas
Listed
Mar 2, 2018
Sector
Financials
Industry
Capital Markets

Leadership

Open Lending executives
NameTitleSince
Jessica Buss—2020
Massimo Monaco——
Michelle Glasl——
Sarah Lackey——
Ben Massey——
Abhijit Chaudhary——
Todd Hart——
Charles Jehl—2020
Eric Feldstein——
Blair Greenberg——
Thomas Hegge——

Revenue by product and region

Fiscal year ended Dec 31, 2025: $93.22M total revenue

By product

  • Program fees$54.34M58.3%
  • Profit share$29.36M31.5%
  • Claims administration and other service fees$9.52M10.2%

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