LPRO News and Press, Open Lending Corporation From 12/16/20

AUSTIN, Texas, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States. They announced today that Members 1st Federal Credit Union, a $5.3 billion institution ...

Gainers: Silver Spike Acquisition (SSPKU) +34%. Trident Acquisitions (TDAC) +11%. Open Lending (LPRO) +9%. Flying Eagle Acquisition (FEAC) +9%. Hennessy Capital Acquisition IV (HCAC) +8%.Losers: Qiwi (QIWI) -19%. StoneX Group (SNEX) -13%. Tuscan  (THCB) -8%. Switchback Energy A...

Open Lending (LPRO) priced a secondary public offering of 9.5M shares of its common stock at a price of $28.00/share, upsized from the previously announced offering size of 8M shares.Underwriters' option to purchase up to 1.43M additional shares of common stock.Open Lending is not sellin...

AUSTIN, Texas, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Open Lending Corporation, (“Open Lending”) (Nasdaq: LPRO), a leading provider of lending enablement and risk analytics to credit unions, regional banks and captive finance companies of Original Equipment Manufacturers, announced...

Open Lending (LPRO) launches a secondary public offering of 8M shares of its common stock.Underwriters' option to purchase up to 1.2M additional shares of common stock.Company also enters into an agreement to repurchase from the selling stockholders an aggregate number of shares of commo...

AUSTIN, Texas, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Open Lending Corporation, (“Open Lending”) (Nasdaq: LPRO), a leading provider of lending enablement and risk analytics to credit unions, regional banks and captive finance companies of Original Equipment Manufacturers, announced...

AUSTIN, Texas, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States. They announced today that OE Federal Credit Union, a $1.2 billion institution based in ...

Jefferies global equity strategist Sean Darby improves his outlook on U.S. banks and consumer financial stocks to "bullish" from "modestly bullish" as "improved visibility towards a successful coronavirus vaccine, easier lending conditions, little evidence of deflation and a sentiment switch ...

Favorable economics given solid value proposition for lenders and insurers. Its proprietary risk-based pricing model based on 15+ years of proprietary data and integrated cloud platform are a moat. Revenues expected to more than double in 2021 via increased penetration and potential r...

AUSTIN, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, today announced that the Company will be participating in a fireside chat...