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Leverage real-time data to improve

underwriting, expand reach

additional insights to help lenders expand reach to
previously inaccessible consumer segments.

• Improve underwriting: Cash Atlas provides more
accurate credit risk rankings, enabling users to better
underwrite underserved populations.

• Enhance customer experience: Cash Atlas automates
income verification, making it easier for users to un-
derstand consumer debt-to-income ratios.
ova Credit, a fintech company focused on • Increase top line revenues: Cash Atlas facilitates
building a fair, inclusive financial ecosystem, risk-based pricing models, helping users provide bet-
created Cash Atlas, a first-party underwriting ter terms for qualified population segments.
N solution designed to transform bank transac-
tion data into actionable intelligence. By analyzing bank In addition to being a valuable addition to Nova Credit's
transaction data, the solution creates a complete risk profile technology suite, which includes other complementary
to help service providers create a more holistic view of a product offerings such as Credit Passport, the solution
borrower's financial health and make informed decisions marks a milestone in the company's evolution from a world-
on all types of consumers, the company stated. leading cross-border credit bureau to a consumer-focused
credit bureau that leverages permissioned data, Esipov
Misha Esipov, co-founder and CEO of Nova Credit, ob- stated.
served that traditional data-based underwriting practices
have unintentionally excluded a broad swath of consumers. Partnership programs available

"Nova Credit's mission is to power a fair and inclusive fi- Nova Credit offers a Channels & Alliances partnership pro-
nancial system," he said. "While our dream started by help- gram designed to help lenders get easier access to credit
ing newcomers to the U.S. bring their own credit history risk data by building technology and channel partnerships
with them upon arrival, we uncovered an opportunity to with other financial technology providers in the ecosystem.
help those within the U.S. to tap into their financial data for The company works with technology providers both to in-
the betterment of their financial future." tegrate its API-based products into solutions like decision-
ing engines and Loan Origination Systems, as well as build
Cash Atlas is designed to accelerate financial inclusion by joint go-to market strategies with its sales channel partners.
unlocking first-party consumer financial data to help un-
derserved communities gain access to mainstream credit. Nova Credit has expanded to serve all who feel discour-
This focus, Esipov noted, has enabled Nova Credit to un- aged by the current financial system, and Cash Atlas is our
lock consumer-permissioned access to over 1 billion con- next step to help consumers and the businesses that serve
sumer credit files in over 12 countries. them unlock access to more data and create a more accurate
picture of a consumer's financial makeup, Esipov said.
In addition, Nova Credit's products are offered at the point
of need, enabling consumers who apply for a credit card Esipov encouraged interested resellers to join Nova Cred-
or a loan to opt in directly to a lender's application flow, he it in creating a fairer, more inclusive financial ecosystem.
added. "We enable consumers to paint a more complete picture of
their financial health and lenders to more fairly evaluate
Real-time financial data consumers to provide wider access to credit," he said. "With
Credit Passport and Cash Atlas, Nova Credit continues to
By connecting consumer-permissioned financial data innovate to pursue its mission of powering a more fair and
points, such as bank transaction data in checking and sav- inclusive financial system for the world."
ings accounts, Cash Atlas standardizes and categorizes this
data to provide intelligence that is not generally provided Company: Nova Credit
through traditional credit reporting channels, Esipov stat-
ed. He also pointed out that this additional data can help Product: Cash Atlas
participating financial institutions and service providers in Website: www.novacredit.com
the following ways:
Contact: sales@novacredit.com
• Expand addressable markets: Cash Atlas provides

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