Open Lending logs 138% YoY jump in certified loans, increased refi penetration

Automation fintech Open Lending posted year-over-year increases in its certified loans despite industry headwinds as refinance volume grew and more credit unions and banks continue to sign onto its platform. Total certified loans, or “certs,” increased 138.4% YoY and 6.3% sequentially to 49,332, accounting for about $1.3 billion in auto originations. Credit union and banks, […]