# Extend Credit to a World of New Customers

Nova Credit unlocks cross-border credit bureau data to help businesses underwrite new-to-country newcomer populations, with access to over 1.5 billion credit profiles worldwide.

### More Ways to

### More Ways to Increase Originations Profitability With Confidence

Nearly 100% of population growth in developed countries is driven by immigration. The newcomer segment presents a better risk profile on average vs. domestic populations.

### More Ways to Build Brand Loyalty Through Financial Inclusion

Addressing a consumer segment that’s underserved by financial products and services helps build brand equity over the long term.

### More Ways to Improve Risk Assessment for International Arrivals

International credit data translated to a local equivalent format helps lenders assess credit risk for consumers with little to no local credit history.

#### Credit Passport®

Extend credit to a world of new customers. 280 million newcomers worldwide have to abandon credit history that's locked in their home country. Credit Passport® opens access to international consumer-permissioned credit data to help lenders serve this market, building loyal customers for life.

Credit Passport® gives you localised analytics into the creditworthiness of an immigrant applying for financial products like credit cards, loans, device financing, and more. Our solution translates international credit data from ~1.5 billion credit profiles in real time to a standardised credit report.

### Global Supply Relationships

Our integrations with international credit bureaus enable access to up to 2.8 billion credit records in more than 20 countries. Among our partners:

### “Opening up a world of opportunity sits at the core of HSBC’s purpose and we’re always passionate about identifying new ways to solve problems faced by our international customers… Accessing credit in a new market can be a challenge… We're excited to be partnering with Nova Credit to improve our ability to do this even more, with its innovative digital Credit Passport.”

Taylan Turan | _Group Head of Retail Banking and Strategy, Wealth and Personal Banking_

### Why Businesses Choose Nova Credit Canada

**7k+** Serving more than seven thousand customers worldwide.

**1.5B** Consumer Credit Files

**26** Data sources across traditional credit bureau, bank data aggregators, payroll systems, and others.

#### Expert Analytics & Guidance

Nova Credit Canada is led by a team of experts in credit risk and lending. Our dedicated services team delivers trusted integration services, strategic advice, and ongoing support.

#### Speed to Implementation

A "one stop shop" to access standardised credit data from all over the world via a single API endpoint.

#### Purpose-Built for Credit Risk

Our solutions are designed to predict creditworthiness by transforming new trustworthy data sources into proven risk insights.

**Nova closes $45M Series C to accelerate cash flow underwriting and verification solutions -** [read more here](/content/corporate-blog/nova-credit-raises-usd45m-series-c-financing-to-scale-cash-flow-underwriting/index.html)