Misha Esipov of Nova Credit on building the next generation of credit infrastructure

Fintech One•On•One

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.

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