Prism Data
Prism Data provides a cash flow underwriting platform that transforms consumer-permissioned bank transaction data into predictive credit risk and fraud scores. Its CashScore product delivers a 30% predictive lift over traditional credit scores alone, enabling lenders to expand approvals for thin-file borrowers while reducing losses. The platform is FCRA-compliant and used by top banks and fintechs for billions in credit originations.
- Financial Technology
- Data & Analytics
- Software Only
- Enterprise Software
Funding
Raised to date
$25MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 2 rounds
+5$20M · Series A
Announced Oct 2026 · from article date
Disclosed cumulative: $25M
Founders
Founder details are not available yet.
Product
Problem
Traditional credit scoring methods often exclude individuals with limited or no credit history, hindering their access to financial products. This can lead to missed opportunities for both borrowers and lenders, as valuable insights from financial transaction data remain untapped.
Solution
Prism Data offers a cash flow underwriting platform that leverages financial transaction data to assess credit risk and income stability, particularly for borrowers with thin or missing credit files. The platform analyzes over 15,000 trended attributes derived from consumer-permissioned data, providing a comprehensive view of an applicant's financial behavior. By categorizing disorganized transaction data and identifying key insights such as liquid assets, spending patterns, and income sources, Prism Data enables lenders to make more informed credit decisions. This approach allows businesses to expand their approval rates, reduce potential losses, and better serve a broader range of customers. The platform is available through a secure API and integrates with various data aggregators, decision engines, and core processors.
Target Audience
Prism Data primarily serves banks, lenders, real estate companies, personal finance platforms, and insurance providers seeking to improve credit decisioning and expand their customer base, including fintechs serving gig workers and small business owners.
Features
- CashScore: A proprietary 3-digit score that predicts credit risk and first-party fraud, delivering a 30% predictive lift over traditional credit scores alone
- Transaction categorization: Automatically categorizes and cleanses raw transaction data for accurate underwriting analysis
- Trended attributes: Surfaces over 15,000 trended attributes including liquid assets, spending habits, income stability, and risky behaviors
- Income validation: Real-time assessment of gross and net pay, income stability, employment status, and multiple income streams
- Secure API: Single-endpoint API for easy integration with existing systems, compatible with decision platforms like Taktile
- Compliance: FCRA and ECOA compliant with explainable adverse action reasons provided
- Data security: SOC2-compliant environment with disk-level encryption and no PII processing or storage