Open Lending Corporation ("Open Lending"), a provider of automotive lending enablement technology, risk analytics, and risk-based pricing solutions for financial institutions, has announced two senior leadership appointments: Ross Jessup will serve as Chief Executive Officer, while Massimo ("Mass") Monaco will take on the role of President.

The moves follow ANV Group Holdings Ltd.'s ("ANV") acquisition of Open Lending in July 2026 and mark the next step in building out Open Lending's leadership team as part of ANV's Credit & Protection platform. The pairing — a returning co-founder alongside a finance executive who joined the company in 2025 — gives Open Lending continuity in both its long-standing market relationships and its financial leadership as it operates under new ownership.

Jessup returns to lead the business he helped establish more than two decades ago as one of its co-founders. He most recently served as President and Chief Operating Officer and has remained a strategic advisor to the company since 2022. Under his earlier leadership, Open Lending grew into a leading provider of automotive lending solutions serving hundreds of financial institutions nationwide, earning repeated recognition as one of the fastest-growing private companies in the United States.

Monaco, who joined Open Lending as Chief Financial Officer in 2025, brings more than 20 years of experience in finance, operations, and strategic planning. Before joining the company, he served as CFO of Arc Home and held senior finance leadership roles at PHH Corporation and American Financial Resources.

Adam Karkowsky, Chairman and Chief Executive Officer of ANV, said the two executives are well positioned to guide the company forward. "Ross and Mass are the right leaders to guide Open Lending through its next phase of growth and value creation," he said. "Ross's deep relationships with Open Lending's employees, customers, and partners, combined with Mass's operational and financial leadership, create a strong foundation for continued growth and long-term success as part of ANV."

Jessup described his return as an honor. "I'm honored to return and lead Open Lending at such an exciting time," he said. "We have real opportunity ahead, and I look forward to working with Mass and the team to build on what we've created."

Monaco pointed to the company's existing strengths. "Open Lending has a strong platform and talented team," he said. "I'm excited to partner with Ross as we focus on strengthening our credit solutions, disciplined execution and sustainable growth as part of ANV."

For the financial institutions that rely on Open Lending's automotive lending enablement technology and risk-based pricing solutions, the appointments establish who will set the company's direction following the acquisition. Attention now turns to how the new leadership team executes on the priorities Monaco outlined — stronger credit solutions, disciplined execution, and sustainable growth — and how Open Lending's role within ANV's Credit & Protection platform takes shape as its leadership build-out continues.

Source: GlobalFinTechSeries