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Nova Credit raises $45m in Series C funding

New York based startup focused on immigrant credit history raised $45m in Series C funding led by Canapi Ventures.

“While cross-border credit remains critical to our strategy, we’re excited to broaden our offering and tackle a new set of industry challenges long unsolved. This new capital fortifies our position to continue being a dependable partner to the many banks and lenders we serve and accelerates the pace of innovation in an industry very much in need of change.”

Tags

cross border credit, alternative data, credit risk management