Global credit report helps immigrants in new country
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Much of fin tech development has focused on in-country mobility, like this bill-paying mobile chat app. International crowdlending, like this bitcoin platform, is more inclusive, widening access to financial products. Now, with immigration at an all-time high, new US-based credit-reporting agency Nova Credit is helping immigrants access credit faster and easier than ever before. The Nova Credit Passport is the world's first cross-border credit report and possibly the most important step towards financial inclusion for immigrants. Nova works with a variety of foreign credit partners, standardizing raw credit data in different languages into its English-language Passport. Financial institutions and businesses…
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