Nova Credit Partners with Chase and PayPal to Expand Credit Access
Nova Credit Partners with Chase and PayPal
Nova Credit, a U.S.-based credit infrastructure and analytics company, is focused on expanding financial access using alternative data. Its flagship tools - Cash Atlas and Credit Passport - help lenders go beyond traditional bureau scores by analyzing income, spending, and assets, as well as international credit histories. This gives financial institutions a fuller picture of consumer financial health and helps underserved groups access credit.
✅ With Chase: Nova Credit’s Cash Atlas and Credit Passport have been chosen to strengthen underwriting. Cash Atlas analyzes income, expenses, and assets, while Credit Passport allows immigrants to use their international credit history when applying for loans in the U.S.
✅ With Paypal: Cash Atlas is being added to PayPal’s credit decisioning, including for Buy Now, Pay Later products. By using cash flow data, PayPal can better serve financially capable consumers who remain invisible to traditional credit bureaus.
These deals build on Nova Credit’s global momentum. Recently, Scotiabank integrated Credit Passport into its digital credit card applications, deepening its partnership.
Why This Matters
Traditional credit checks don’t capture the full financial picture, but by using Nova Credit’s tools - like cash flow analysis and international credit histories - lenders gain deeper insights to make more inclusive decisions.
For Chase, this expands its ability to serve diverse borrowers, including immigrants and those new to credit, while for PayPal, it improves risk assessment in BNPL and other lending products and enables more personalized customer experiences.
What This Means for the Industry
For Financial Institutions:
Shows how banks and FinTechs are using new data sources to expand responsibly and reach more customers.
For Consumers:
Provides faster approvals, better access to credit, and products designed around real financial health - not just bureau scores.
