Nova Credit Inc.

Founded in 2016 in Palo Alto, US, Nova Credit Inc. specializes in consumer-permissioned financial data solutions. In October 2025, Nova Credit Inc. raised USD 35 million in Series D funding led by Socium Ventures, with participation from Gaingels, Harmonic Growth Partners, and NAVentures, as well as Radiate Capital, Y Combinator, Index Ventures, General Catalyst Partners, and Kleiner Perkins.

Other unspecified investors also participated in the round. Nova Credit specializes in providing consumer-permissioned financial data solutions designed to enhance credit risk assessment and streamline the income verification process for lenders and financial services companies. Its core offerings include the Credit Passport®, Cash Atlas™, and Income Navigator platforms, which collectively enable clients to access unified consumer credit data from a variety of sources, including international credit bureaus and domestic bank data aggregators. These products are tailored to improve credit underwriting for a diverse client base, including lenders, property management firms, and financial institutions, aiming to facilitate access to credit for newcomers and underbanked consumers.

Nova Credit's solutions are operational in several markets, notably the United States and Canada, expanding the reach of its data services to clients seeking to enhance their customer acquisition strategies and risk management practices. Nova Credit's revenue model hinges on subscription-based services and partnerships with financial institutions that utilize its platforms for accessing credit data. The company generates income through the provision of its flagship products, such as the Credit Passport® and Cash Atlas™, which are integral to the credit evaluation processes of lenders. Clients typically engage Nova Credit on a contractual basis, where they pay for access to the data and analytics necessary for informed decision-making in lending.

The pricing structure is designed to align with the value delivered through its suite of services, facilitating transactions that help clients mitigate risks while streamlining their operational workflows. By leveraging these innovative solutions, Nova Credit supports its clients in unlocking significant credit value for consumers, enhancing their market position and operational efficiency. The company intends to use the October 2025 funding to accelerate the growth of the Nova Credit Platform and expand its cash flow underwriting capabilities.