NEW YORK–(BUSINESS WIRE)–Nova Credit has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies. The company ranked third in the Social Good category based on its mission to accelerate financial inclusion for underserved communities that have historically been excluded from the credit system.
By unlocking new data sources and creating analytic models to assess creditworthiness, Nova Credit is breaking through barriers of today’s financial services industry and challenging the way we think about credit. Nova Credit is building the world’s credit infrastructure to enable people to move their financial identity across borders so underserved individuals are able to more freely and equally access credit in their new countries of residence.
“Paving the way for global financial access has been core to our mission at Nova Credit and continues to be core to who we are as we grow. We seek to drive change at a systemic level, so gaining recognition on Fast Company’s Most Innovative Companies list helps us spread our message and mission of change to those who need to hear it,” said Misha Esipov, Co-founder & CEO of Nova Credit.
This year’s Most Innovative Companies list honors businesses that are making the biggest impact on their industries and culture as a whole – ultimately thriving in today’s ever-changing world. These companies are creating the future today with some of the most inspiring accomplishments of the 21st century. Past honorees have included Canva, Microsoft and SpaceX.
Today Nova Credit was also named to Forbes’ Best Startup Employers 2022 list, which identifies the up-and-coming companies liked best by their employees. The list, which is organized in support with Statista, is selected based on an innovative methodology evaluating three key factors: employee satisfaction, employee reputation and company growth. The final list recognizes the top 500 companies based on over eight million data points.
These two achievements are the latest in the company’s notable growth and recognition. Over the past year, the startup was recognized for its success within the fintech industry, as shown by its presence in CB Insights’ Fintech 250 and Forbes’ Fintech 50, and for its business growth, with inclusion in Inc’s Best in Business and Y Combinator’s Top Companies List. As an employer, Nova Credit has been noted as one of BuiltIn NYC’s Best Places to Work in 2022 – specifically as one of the Best Small Companies to Work For and the Best Paying Company.
“Our team is the lifeblood of our operation, and we’d be nowhere without their dedication to our mission,” continued Esipov. “Accolades like these help us continue to move forward in our mission of powering a fair and inclusive financial system for the world. We are honored to be recognized for both the social impact of our product and the drive and caliber of our diverse team.”
To learn more about Nova Credit and its mission, visit: www.novacredit.com.
ABOUT NOVA CREDIT
Nova Credit is on a mission to accelerate financial inclusion and help underserved communities gain access to mainstream credit. The consumer-permissioned credit bureau helps U.S. newcomers to use their international credit history to apply for credit cards, auto loans, rental properties and more with the Credit Passport™. Through this offering, the company has built partnerships in over 20 countries to gain real time access to over a billion credit profiles. Founded by immigrants, Nova Credit has offices in San Francisco and New York City, and is backed by leading investors including Kleiner Perkins, General Catalyst and Index Ventures, as well as executives from Goldman Sachs, JPMorgan and Citi. Learn more at www.novacredit.com
