Algebrik AI and Open Lending Partner to Expand Intelligent Auto Loan Decisioning for Credit Unions

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City and pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), announced an integration with Open Lending Corporation, an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions.

Algebrik AI integrates Open Lending to help CUs expand auto loan approvals, reduce risk and streamline workflows.

This collaboration aims to strengthen auto loan decisioning capabilities within Algebrik’s cloud-native, AI-powered LOS—part of the Algebrik One lending suite—enabling credit unions and community lenders to confidently extend credit to near- and non-prime borrowers while minimizing risk and streamlining workflows.

Enabling Risk-Aware Auto Lending at Scale
Open Lending’s Lenders Protection™ platform empowers financial institutions to safely approve near- and non-prime auto loans by combining real-time risk modeling, pricing optimization, and insurance-backed loan protection.

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Through this partnership, Algebrik’s Loan Origination System, part of Algebrik One, Algebrik’s agentic AI-powered lending suite, now offers built-in access to the Lenders Protection™ platform, allowing credit unions to:

• Evaluate near- and non-prime applicants using Open Lending’s advanced decisioning engine
  
  
• Receive real-time decisions (approved, counteroffer, or denied), including APR, terms, stipulations, and certificate numbers
  
  
• Automatically surface stipulations tied to counter–offers (e.g., vehicle details, income verification) within the lending workflow of Algebrik’s Loan Origination System
  
  
• Leverage Open Lending’s insured, risk-based decisioning directly within Algebrik’s LOS- no external systems needed.

Algebrik AI’s LOS delivers this capability through a unified, AI-powered experience—supporting both loan officer and borrower-facing workflows. Lenders can seamlessly manage counteroffers, display dynamic payment terms, and track certificate numbers, all within a single, modern interface.

Strategic Insight: Why This Partnership Matters

Pankaj Jain, Founder and CEO of Algebrik AI, commented on the partnership:

“We believe modern lending stacks must function as ecosystems—not toolkits. By partnering with Open Lending, we’re deepening the intelligence of loan decisioning and giving lenders a seamless path to responsible loan growth. With Open Lending now embedded in Algebrik’s LOS, lenders can reach underserved borrowers while maintaining the operational efficiency and compliance they demand.”

Josh Marcy, Chief Product Officer at Open Lending, added:

“Algebrik brings a modern, purpose-built approach to lending infrastructure. The Algebrik integration leverages best practice automation capabilities and a dynamic user experience, offering fast and accurate automatic decisions that accelerate loan originations for our mutual customers. Their team has delivered a clean, intuitive experience that aligns with our vision for the future of inclusive, data-driven auto lending. ”