Nova Credit Honored in Fast Company’s Most Innovative Companies 2024
Nova Credit, the leading credit infrastructure and analytics company, has been selected as the #9 Most Innovative Company in Finance 2024 by Fast Company.
NEW YORK, March 19, 2024, Nova Credit has just been named to Fast Company’s prestigious list of the World’s Most Innovative Companies for 2024 for the second time. This year, Nova Credit ranked #9 in the Finance Category for providing solutions that power a more fair and inclusive financial system.
The World's Most Innovative Companies stands as Fast Company's hallmark franchise and one of its most anticipated editorial efforts of the year. This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations. These organizations are setting new standards and achieving remarkable milestones in all sectors of the economy. Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions.
In 2023, we accelerated the adoption of cash flow underwriting and income verification with our industry-leading Cash Atlas® and Income Navigator solutions. Internationally, we continued the expansion of Credit Passport® to enable instantaneous cross-border consumer credit checks in Canada, the U.K., and the U.A.E. Today, to meet the growing demands sought by open banking, we are enabling lenders with the power to underwrite anyone with the launch of the Nova Credit Platform. The Platform solution is a single integration to empower lenders to infuse alternative credit data into their workflows, bringing over 100 million consumers in the U.S. one step closer to better credit opportunities.
In 2022, Nova Credit was named to Fast Company’s World’s Most Innovative Companies, ranking #3 in the Social Good category for our work stitching the world of disparate international credit data with our flagship product, Credit Passport®. As the global financial industry evolved, so did we.
“It is an honor to be recognized among the World’s Most Innovative Companies for 2024 by Fast Company,” says Misha Esipov, Co-founder and CEO of Nova Credit. “Specifically, ranking among the top 10 in the Finance category is a testament to the foundational impact that open banking and alternative credit data have in improving the lives and financial opportunities for millions of people.”
Fast Company's editors and writers identified the companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world.
“Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year,” said Fast Company editor-in-chief Brendan Vaughan.
Nova Credit would like to thank the Fast Company team for this recognition and for shedding light on our mission to power a fair and inclusive financial system for the world.
Learn more about the Nova Credit platform and discover how you can enable the power to underwrite anyone.
ABOUT NOVA CREDIT:
At Nova Credit, our mission is to power a more fair and inclusive financial system for the world. We are on our way to accomplishing this mission by rewiring the financial industry with better credit infrastructure, analytics, and workflows, helping more people get access to credit opportunities. Our cross-border credit product, Credit Passport®, cash flow underwriting product, Cash Atlas™, and income verification product, Income Navigator, are trusted by leading organizations like American Express, Verizon, HSBC, SoFi, Scotiabank, and Yardi to help them reach valuable new applicants from traditionally credit excluded populations. With support from investors Kleiner Perkins, General Catalyst, Index Ventures, and Canapi Ventures, as well as industry veterans from Goldman Sachs, JP Morgan, and Citi. Nova Credit is revolutionizing the way lending is done, bringing millions of misunderstood consumers into the financial system.
ABOUT FAST COMPANY
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.