Nova Credit Featured in Forbes Fintech 50, Highlighting Success with Cash Flow Underwriting

NEW YORK, February 18, 2025 — Nova Credit, a credit infrastructure and analytics company that enables businesses to grow responsibly by harnessing consumer credit data, today announced its selection to the prestigious Forbes Fintech 50 list for 2025. This recognition marks a significant return for the company, which was previously featured in 2020, and underscores its successful transformation from a newcomer-focused credit solution to a comprehensive credit accessibility platform.

"Being named to this year’s Forbes Fintech 50 validates our team's ability to innovate and adapt while staying true to our core mission of making credit more accessible," said Misha Esipov, CEO of Nova Credit. "We're proud to be recognized as one of the most innovative companies in fintech that has stayed true to its original vision while continuing to expand its impact in the credit space through new solutions."

Founded in 2016, Nova Credit initially launched Credit Passport®, a groundbreaking service enabling immigrants to import their credit histories from their home countries when applying for credit. When the COVID-19 pandemic hit and immigration was stalled, the company demonstrated remarkable resilience by leveraging its expertise to develop cash flow underwriting solutions, which have since become its fastest-growing business segment.  Forbes’s Jeff Kauflin recently profiled this pivot and the company’s future growth trajectory in a feature story.

This strategic pivot has allowed Nova Credit to:

• Transform into a comprehensive credit infrastructure platform, combining cross-border credit data, cash flow analytics, and income verification solutions

• Deepen relationships with major institutions like SoFi while expanding partnerships with fintech companies like MoneyLion

• Launch industry-leading solutions like Cash Atlas™ for cash flow underwriting and Income Navigator for automated income verification

• Scale its impact from serving primarily newcomers to enabling credit access for over 100 million Americans who struggle with traditional credit scoring

The Forbes Fintech 50 is an annual list recognizing the most innovative fintech companies in the United States. The 2025 selection process involved extensive analysis by a team of Forbes reporters and editors, evaluating hundreds of companies based on factors including business growth, product innovation, and leadership team diversity.

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ABOUT NOVA CREDIT

Nova Credit is a credit infrastructure and analytics company that enables businesses to grow responsibly by harnessing alternative credit data. The company is a CRA that leverages its unique data infrastructure, compliance framework, and credit expertise to help lenders fill in the gaps that exist in traditional credit analytics. Nova Credit provides access to the fragmented universe of consumer financial data and transforms it into compliant, actionable risk analytics through a suite of solutions designed to increase conversion through expanded coverage, speed, and reliability. Leading organizations, such as American Express, Verizon, HSBC, RBC, SoFi, Scotiabank, Appfolio, and Yardi, work with Nova Credit to make smarter credit decisions through cash flow underwriting with Cash Atlas™, quickly and accurately verify income with Income Navigator, and reach new-to-country consumers with Credit Passport®. Learn more at https://www.novacredit.com or reach out to connect@novacredit.com