News

resource-featured-img
resource-featured-img

Open Lending Enters into Merger Agreement to be Acquired by ANV

Open Lending Corp. (NASDAQ: LPRO), a leading provider of automotive lending enablement and risk analytics solutions for financial institutions, today announced that Nutmeg Credit Union has expanded its relationship with Open Lending through the adoption of ApexOne Auto. Already a Lenders Protection™ customer, Nutmeg Credit Union selected ApexOne to further enhance its lending operations, streamline decisioning workflows, and support continued growth while delivering a seamless member experience. “We’re honored that Nutmeg Credit Union has chosen to expand its partnership with Open Lending,” said Jessica Buss, Chief Executive Officer of Open Lending. “The decision to adopt ApexOne Auto reflects a shared commitment to innovation, operational efficiency, and creating more opportunities for members through a modern lending experience.” “Our mission is to provide our members with exceptional service and access to the financial solutions they need,” said Heather Gates, Chief Revenue Officer, Nutmeg State Financial Credit Union. “By expanding our relationship with Open Lending and implementing ApexOne Auto, we’re investing in technology that helps us make lending decisions more efficiently while continuing to deliver the personalized experience our members expect.” ApexOne Auto is Open Lending’s automated decisioning platform designed to help financial institutions accelerate loan decisions, improve operational efficiency, and create a more consistent lending process. “Existing customer growth is one of the strongest indicators of the value we deliver,” added Buss. “We look forward to supporting Nutmeg Credit Union as they continue to evolve their lending strategy and serve more members with confidence.” About Open Lending Open Lending (NASDAQ: LPRO) enables financial institutions to increase auto loan originations through automated lending solutions, risk-based pricing, and default insurance products. For more information, visit OpenLending.com.

Nutmeg Credit Union Builds on Lenders Protection™ Success with ApexOne Auto

Open Lending Corp. (NASDAQ: LPRO), a leading provider of automotive lending enablement and risk analytics solutions for financial institutions, today announced that Nutmeg Credit Union has expanded its relationship with Open Lending through the adoption of ApexOne Auto. Already a Lenders Protection™ customer, Nutmeg Credit Union selected ApexOne to further enhance its lending operations, streamline decisioning workflows, and support continued growth while delivering a seamless member experience. “We’re honored that Nutmeg Credit Union has chosen to expand its partnership with Open Lending,” said Jessica Buss, Chief Executive Officer of Open Lending. “The decision to adopt ApexOne Auto reflects a shared commitment to innovation, operational efficiency, and creating more opportunities for members through a modern lending experience.” “Our mission is to provide our members with exceptional service and access to the financial solutions they need,” said Heather Gates, Chief Revenue Officer, Nutmeg State Financial Credit Union. “By expanding our relationship with Open Lending and implementing ApexOne Auto, we’re investing in technology that helps us make lending decisions more efficiently while continuing to deliver the personalized experience our members expect.” ApexOne Auto is Open Lending’s automated decisioning platform designed to help financial institutions accelerate loan decisions, improve operational efficiency, and create a more consistent lending process. “Existing customer growth is one of the strongest indicators of the value we deliver,” added Buss. “We look forward to supporting Nutmeg Credit Union as they continue to evolve their lending strategy and serve more members with confidence.” About Open Lending Open Lending (NASDAQ: LPRO) enables financial institutions to increase auto loan originations through automated lending solutions, risk-based pricing, and default insurance products. For more information, visit OpenLending.com.

Near and Non-Prime Consumers Planning to Buy Used after 56% Jump in New Vehicle Payments, Open Lending Research Finds

Open Lending Reveals Winners of the 2024 Economic Vehicle Accessibility Awards

Open Lending Achieves Milestone of One Million Certified Loans

New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis

Open Lending Partners with Point Predictive to Enhance Income Verification Process

Open Lending Appoints Charles “Chuck” Jehl Next Chief Executive Officer