Chase Partners with Nova Credit for Enhanced Underwriting Using Income and Credit Data

In September 2025, Chase, the consumer banking arm of JP Morgan, announced a partnership with Nova Credit, a fintech specializing in alternative credit data and income verification. The collaboration enables Chase to incorporate income and expense data as well as international credit history tools into its underwriting processes. Nova Credit contributes its Credit Passport product, which translates international credit data into formats usable by U.S. lenders, alongside its income analytics platform.

For Chase, the partnership expands its ability to underwrite consumers who may lack traditional U.S. credit histories, including immigrants and thin-file borrowers. The integration represents a significant embedded finance use case where a major bank leverages fintech infrastructure to enhance core banking functions. Financial terms were not disclosed.

The partnership positions Chase to serve a broader customer base while maintaining its risk management standards through data-driven underwriting enhancements.