The resources that consumer lenders have to work with today are better than ever before. Gone are the days when risk officers could just pull a bureau file and have access to the best data about a potential borrower. The credit infrastructure tools today are more sophisticated and predictive, allowing lenders to serve more borrowers without expanding their credit box.

My next guest on the Fintech One-on-One Podcast is Misha Esipov, the CEO and Co-Founder of Nova Credit. They are at the forefront of this movement to bring more and better data to lenders and have become one of the leading credit infrastructure companies. I last had Misha on the show back in 2017 when they were just a startup, so a lot has obviously changed since then.

In this podcast you will learn:

• How Misha describes Nova Credit today.
• Why they decided to move beyond the Credit Passport product.
• The performance of the Credit Passport borrowers with American Express and others.
• How the Credit Passport works.
• The history of Cash Atlas and why they got into cash flow underwriting.
• The challenges of building a cash flow underwriting engine.
• What Income Navigator is and how it works.
• The different types of income they work with.
• Why they launched the Nova Credit back in March and why it is significant.
• The types of financial institutions they are focused on today.
• What is driving the new attention paid to alternative data.
• What they learned from their State of Alternative Data in Lending 2024 report.
• Some of the best practices in implementing cash flow underwriting.
• How lenders are using cash flow underwriting today.
• Why they decided to create the Cash Flow Underwriting Summit.
• What is on their roadmap for the next 12-18 months.

Connect with Fintech One-on-One:

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• Connect with me on LinkedIn
• Find previous Fintech One-on-One episodes