Block opens up its Cash App Score to other lenders
Block is opening up Cash App Score, the real-time credit signal it uses for its consumer lending portfolio, to external lenders via distribution partner Nova Credit.
Block is opening up Cash App Score, the real-time credit signal it uses for its consumer lending portfolio, to external lenders via distribution partner Nova Credit.
BELLINGS Intelligence Score: 28
Why it matters
Block opening its Cash App Score to external lenders introduces a notable new data-sharing initiative that could influence consumer credit underwriting, but it remains a market development without immediate systemic impact.
Sources
Finextra
Block opens up its Cash App Score to other lenders
Block is opening up Cash App Score, the real-time credit signal it uses for its consumer lending portfolio, to external lenders via distribution partner Nova Credit.