Pave

What it does

Pave is a fintech company specializing in AI-powered cashflow analytics designed to enhance credit decision-making for lenders. The platform addresses the limitations of traditional credit scoring by providing deeper insights into borrowers' financial health through cashflow scores. By integrating with lenders' proprietary risk models, Pave enables the use of cashflow analytics, attributes, and scores to balance growth with risk management. Its solution predicts repayment likelihood, sets dynamic credit limits, and personalizes loan offers based on real-time cashflow and affordability signals. Automation of data cleaning and feature extraction supports increased loan approvals, larger loan sizes, improved repayment rates, and reduced defaults. Pave’s customizable platform facilitates scalability and empowers lenders to confidently extend credit to underserved borrowers, contributing to innovation in credit risk assessment and financial inclusion.