OpenWallet - The Approval Company

OpenWallet - The Approval Company, founded in 2017, aims to revolutionize the legal industry by making attorneys accessible and affordable to everyone. The company provides up-front financing for legal fees, catering to various legal domains such as family law, criminal defense, timeshare exit, bankruptcy, estate planning, and immigration. OpenWallet differentiates itself by offering improved cash flow and a 0% interest program with no credit check, historically approving 98.8% of employed clients. The direct lending model distinguishes OpenWallet from loan brokers, enabling them to help over 15,000 individuals retain legal representation. By collaborating with attorneys, the company not only ensures nearly every client retention but also assists in recovering lost clients through tailored payment plans. OpenWallet's in-house Client Care team manages payment plans, allowing attorneys to focus on clients' needs. The company operates in the Finance, Financial Services, and Payments industries. Although specific information about its headquarters, last investment, and investors is not available, the potential for OpenWallet to disrupt the legal financing space is evident. The comprehensive approach of providing financing, client care services, and marketing support positions OpenWallet as a potential game-changer in the legal industry.