Amelia Chikota

We’re excited to announce our new Small Dollar Loan Score. The Small Dollar Loan Score evaluates the probability of a user making their first four small dollar loan payments.

This API helps output an SMB cashflow statement in a few seconds using bank transaction data, allowing SMB lenders to more efficiently underwrite, score leads, and provide personalized product offerings.

Recognizing the gaps in traditional scoring methods, our partnership with Method equips lenders with real-time data and cashflow analytics.

These attributes provide detailed data on various financial health aspects, including the count of personal loans from subprime and prime lenders, and a close look at financial behaviors around payroll events—such as median and average current balances and recurring expenditures before and after payday.

We’re proud to be highlighted in Visa’s latest industry report, “Opportunities for Generative AI in Financial Services.” This recognition highlights the transformative role of Generative AI in reshaping financial services.

The new Underwriting and Collections APIs allow you to upload underwriting events and collections events in real-time.

Pave.dev, a frontrunner in cashflow data analysis, and Method Financial, an innovator in real-time liability connectivity, announced a partnership that is set to transform the landscape of borrower financial assessment.

By leveraging Pave’s Cash Advance Score, the provider was able to extend 74% higher advance amounts to high scoring users, ultimately increasing net revenue by 18%.

We expanded our Paycheck Prediction Model to detect and predict the next Social Security paycheck with 89.23% accuracy.