Open Lending revenue jumps as new lenders join platform
The fintech added 7 lenders with over $1B in assets to its platform
Automation fintech Open Lending logged a jump in revenue and certified loans as auto lenders increasingly signed on to its insurance platform. Open Lending’s artificial intelligence-powered platform allows auto lenders in the prime space to dip down further in the credit spectrum by insuring up to 85% of losses on loans underwritten using its parameters. […]
