Open Lending is proud to announce that our Board of Directors has officially appointed Chuck Jehl as our next CEO, following his tenure as interim CEO and CFO. With his proven leadership, Chuck will continue to drive Open Lending's mission to change lives by creating access to transportation and set the company up for its next growth phase.
About us
Open Lending specializes in loan analytics, risk-based pricing, risk modeling and automated decision technology for automotive lenders throughout the United States. Open Lending’s flagship product, Lenders Protection™, is a unique auto lending enablement platform. It utilizes proprietary data and advanced decisioning analytics to provide lenders with a powerful way to increase near and non-prime auto loan volumes, without adding significant risk to their auto loan portfolio.
- Website
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http://www.openlending.com
External link for Open Lending
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Austin, TX
- Type
- Public Company
- Founded
- 2000
Locations
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Primary
Suite 450
1501 S. Mopac Expressway
Austin, TX 78746, US
Employees at Open Lending
Updates
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Published today is our latest analysis and trends on auto lending to near- and non-prime consumers that captures key insights nationally and regionally on these valuable consumers. This report is available for free on our website under our Resources page: https://lnkd.in/ezu8b7ni
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Ready to supercharge your auto lending strategy? ⚡ Join us at the CU Leadership Event in Las Vegas (July 31-August 2) to discover how Open Lending can help you boost approvals and drive growth. Don't miss Matt Roe's expert sessions on: ⭐️ Navigating Auto Finance Challenges: Wed, July 31st, 1:15 PM ⭐️ New Fundamentals of Automotive Lending: Thurs, Aug 1st, 10:45 AM ☸️ Spin the wheel at booth #1619 to win a $500 Tumi Luggage gift card! ✈️ Let's make this a lucky event for your credit union! 🍀 #CULeadership #culeaders #autoloans #creditunion #automotiveindustry
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Join Open Lending at CU Leadership Las Vegas | July 31 – August 2! We're excited to attend the CU Leadership Event in Las Vegas and want YOU to join us! Learn more about Open Lending with our two Exclusive Sessions with Matt Roe, Chief Revenue Officer: Navigating Auto Finance Challenges for Near- and Non-Prime Consumers Date: Wednesday, July 31 Time: 1:15 - 1:40 pm Learn: Effective strategies and innovative solutions for near- and non-prime auto financing. New Fundamentals of Automotive Lending: Tech Demo Date: Thursday, August 1 Time: 10:45 - 11:15 am Learn: Latest tech advancements to streamline lending and enhance customer satisfaction. Visit Us at Booth #1619: Gain valuable insights, network with industry leaders, and win great prizes. Connect with our team, Matt Roe, Chief Revenue Officer, Mark Martinez, and Kenneth Palmer, our sales team, and discuss how we can support your auto lending goals. Spin the wheel to win a prize, and enter to win a $500 Tumi Luggage gift card! Let us know if you'll be attending! #creditunion #autoloans #culeadership #culeaders
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Our Kevin Filan recently sat down with Mike Lawson during Origence Lending Tech Live '24 in San Diego to talk about some of our latest research related to how credit unions, and auto lenders in general, can attract younger borrowers and members. #Millennials #GenZ #creditunions https://lnkd.in/eNgR99Ux
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Open Lending is proud to announce that Securian Financial has been added as an insurance partner for our Lenders Protection program. We couldn't be happier to have them join us given their long history and familiarity with the credit union community and other lending institutions. Securian Financial #creditunions #automotivelending
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Looking forward to talking with many of you this week in San Diego for Origence Lending Tech Live '24! Our very own Kevin Filan will be presenting critical research on how Gen Z and Millennials are fairing with auto loans - and most importantly how to grow with them.
I’m excited to share that I’ll be presenting at Lending Tech Live '24! Almost every credit union I have met has made getting younger consumers to become members a strategic priority. I'll be discussing How Millennials and Gen Zers Are Tomorrow’s Prime Borrower and key insights from Open Lending into how this fits with auto lending on Wednesday, 6/26 at 5:05PM. See you in San Diego! #LendingTechLive #LTL24
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🚗📈 Is your institution adjusting its approach to the requirements of modern lending? Four new fundamentals are now essential in the auto lending marketplace. Consider these when evaluating your auto loan processes and the enabling data and technology. 1. Fast: Streamline your processes for quicker decisions. 2. Fair: Ensure equitable lending practices. 3. Flexible: Adapt to changing market conditions. 4. Flawless: More accurate and forecastable results are within lenders’ reach. Read more in our new blog post, Lending Perspectives: The New (F)Undamentals of Auto Lending, by Kevin Filan, SVP of Marketing at Open Lending. https://lnkd.in/gnRdRM9u #AutoLending #Finance #LendingTrends #AutoFinance #FinancialInsights
Lending Perspectives: The New (F)undamentals of Auto Lending | CU Management
cumanagement.com
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Most lenders are taking hours to days to approve a loan application - and the recurring feedback in this year's survey is that lenders are working to address the speed and accuracy of their decisioning process. See the link below to download the full report.
Did you know only half of lenders can give auto loan decisions with rates in MINUTES? That's a huge disadvantage in today's competitive market. Our new report reveals key insights on how to leverage alternative data for faster approvals and gain a competitive edge. Download it now for more findings on how to gain a competitive edge over other lenders: https://lnkd.in/eu4-w5KT #alternativedata #lendingenablement #nearprime #autoloans
Download the 2024 Lending Enablement Benchmark Report
go.openlending.com
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Did you know only half of lenders can give auto loan decisions with rates in MINUTES? That's a huge disadvantage in today's competitive market. Our new report reveals key insights on how to leverage alternative data for faster approvals and gain a competitive edge. Download it now for more findings on how to gain a competitive edge over other lenders: https://lnkd.in/eu4-w5KT #alternativedata #lendingenablement #nearprime #autoloans
Download the 2024 Lending Enablement Benchmark Report
go.openlending.com