“It doesn’t matter whether you have income or savings or not,” she said. “I thought it would be really nice if we could leverage different data sources, especially cash flow data, instead of credit history. We are living in 2021 and open banking is popular, so it’s easier to get access to open banking data. And we leverage your cash flow data to underwrite you.”

https://techcrunch.com/2021/02/10/tomocredit-raises-7m-to-help-people-with-cash-but-little-to-no-credit-history/