Nova Credit, a credit infrastructure and analytics company, announced today that PayPal, a global digital payment platform, has selected Nova Credit’s Cash Atlas™ to integrate cash flow underwriting capabilities across its portfolio of consumer credit products. By leveraging cash flow insights, PayPal aims to better serve millions of consumers often excluded by traditional credit bureau systems. This approach provides a real-time view of a consumer’s financial health, allowing lenders to develop a more complete risk profile across various credit segments.

Cash Atlas™ enables lenders to access, analyze, and act on cash flow data in an FCRA-compliant manner. The integration with PayPal’s existing underwriting processes is intended to benefit consumers through improved credit eligibility and enhanced customer experiences.

Ratinder Bedi, Senior Vice President and Global Chief Credit Officer at PayPal, stated, “Traditional underwriting was leaving behind qualified consumers, especially in the Buy Now, Pay Later space. Nova Credit’s Cash Atlas enables us to responsibly incorporate cash flow data and expand credit access without compromising our commitment to consumer financial health.”The integration of Cash Atlas™ into PayPal’s core credit decisioning aligns with the company’s commitment to offering products that meet consumers’ evolving financial needs. This aims to provide customers with more personalized experiences while maintaining PayPal’s rigorous risk management standards.

Misha Esipov, CEO and Co-founder of Nova Credit, commented, “We’re thrilled to partner with PayPal to expand access to credit for millions of Americans who have been underserved by traditional financial systems. PayPal’s approach to responsible innovation aligns perfectly with our mission to power a more fair and inclusive financial system. This collaboration will help bridge the gap for consumers who are financially capable but lack sufficient credit history.”This partnership reflects a broader industry shift in consumer lending toward more comprehensive financial assessments. With the continued growth of Buy Now, Pay Later (BNPL) services, PayPal’s enhanced underwriting capabilities are positioned to secure a larger share of this expanding market and offer broader credit access.

Michelle Gill, Executive Vice President and General Manager of SMB and Financial Services at PayPal, added, “We’re proud to partner with a trusted leader like Nova Credit, whose proven track record in alternative credit data further strengthens PayPal’s differentiated underwriting approach to deliver more inclusive credit solutions for our customers.”