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Automated auto lending and analytics.

Pricing

Usage-based

Founded

2000

Team size

201-500 employees

Headquarters

Austin, TX

About Open Lending

Open Lending operates Lenders Protection, an automated auto-loan decisioning and default-insurance platform for banks, credit unions, captive finance companies and auto retailers. Its AI-driven engine prices risk and returns loan decisions in seconds, with loans backed by default insurance from A-rated carriers so lenders can safely approve near- and non-prime borrowers. It also offers ApexOne Auto to broaden borrower coverage.

Buyer Fit & Positioning

Procurement & Fit

Structured facts from the vendor to help your security, finance, and procurement reviews move faster.

Trust

Security & compliance

The vendor hasn’t added security or compliance details yet.

Pricing

Commercial model

Pricing model: Usage-based

Free trial: No

Free plan: No

Contract minimum: Not specified

Procurement

Purchasing & legal

The vendor hasn’t added purchasing & legal details yet.

Fit

Best-fit company size

Company-size fit has not been specified yet.

Implementation & Procurement

Commercial Fit & Ecosystem

Proof, Outcomes & Momentum

Alternatives, Migration & Buyer Objections