What a lending decision is built from

Credit records and other data both feed the lender's decision.

1Credit bureaus andrating agencies ↓Credit records of people andbusinesses, and ratings of companiesand bonds.ExperianLexisNexis Risk SolutionsCredHiveDun & BradstreetTransUnionEquifaxCrisil2Loan decisionsoftware ↓Software where the data, thelender's rules and its models meet,and the loan is approved ordeclined.AbleCreditKaleidofinFICOProvenirCorridor PlatformsTVS DigitalOakNorth IndiaJazzX AI3Income and bankstatement data ↓Reading bank statements, payslipsand income to judge a borrower.PhylloFinBoxPerfiosDigitap.aiTartanHQOcrolus1Credit bureaus and ratingagencies ↓Credit records of people and businesses,and ratings of companies and bonds.ExperianLexisNexis Risk SolutionsCredHiveDun & BradstreetTransUnionEquifaxCrisil2Loan decision software ↓Software where the data, the lender'srules and its models meet, and the loan isapproved or declined.AbleCreditKaleidofinFICOProvenirCorridor PlatformsTVS DigitalOakNorth IndiaJazzX AI3Income and bank statementdata ↓Reading bank statements, payslips andincome to judge a borrower.PhylloFinBoxPerfiosDigitap.aiTartanHQOcrolus

Box 1 supplies the borrower's credit record and box 3 reads her bank statements, income and documents. Both feed box 2, where the lender decides. Tap a title in the diagram to jump to its companies.

1

Credit bureaus and rating agencies 7 companies

A credit bureau collects records of borrowing and repayment from many lenders and sells credit scores and reports. A rating agency grades how likely a company or a bond is to repay.

Experian logoExperianExperian collects borrowing and repayment records from lenders and sells credit scores and reports.HyderabadHiring now
LexisNexis Risk Solutions logoLexisNexis Risk SolutionsLexisNexis Risk Solutions, with engineers in Mumbai and Chennai, sells identity and fraud data that lenders check alongside the credit record.Chennai · MumbaiHiring now
CredHive logoCredHiveCredHive, with engineers in Delhi NCR, sells credit data on businesses.Delhi NCRHired recently
Dun & Bradstreet logoDun & BradstreetDun & Bradstreet, with engineers in Hyderabad, keeps the credit records of businesses.HyderabadHiring now
TransUnion logoTransUnionTransUnion, which owns CIBIL in India, collects borrowing and repayment records from lenders and sells credit scores and reports.Bengaluru · PuneHiring now
Equifax logoEquifaxEquifax collects borrowing and repayment records from lenders and sells credit scores and reports.
Crisil logoCrisilCrisil, with engineers in Hyderabad and Mumbai, is India's largest credit rating agency.
The tech, explainedCredit bureau
2

Loan decision software 8 companies

The lender's decision software combines bureau data, its own rules and AI models, and approves or declines each loan.

AbleCredit logoAbleCreditAbleCredit, with engineers in Bengaluru, uses an AI model to write the note in which an underwriter explains why a loan should be approved.BengaluruHired recently
Kaleidofin logoKaleidofinKaleidofin, with engineers in Chennai, scores borrowers with little or no record of past loans, many of them women and rural households.Chennai
FICO logoFICOFICO, with engineers in Bengaluru, invented the credit score most of the world's lenders use, and sells the decision software built around it.
Provenir logoProvenirProvenir, with engineers in Bengaluru, sells lenders the software in which each loan is approved or declined.
Corridor Platforms logoCorridor PlatformsCorridor Platforms sells lenders the software in which each loan is approved or declined.
TVS Digital logoTVS DigitalTVS Digital, the technology arm of the TVS group, sells software for taking loan applications, deciding them and collecting repayments.
OakNorth India logoOakNorth IndiaOakNorth India, with engineers in Delhi NCR and Bengaluru, builds the credit analysis software of OakNorth, a British bank, which it also sells to other banks.
JazzX AI logoJazzX AIJazzX AI automates the checking of American home-loan applications.
The tech, explainedLoan origination system (LOS)Credit decision engineCredit underwriting softwareAlternative credit scoring
3

Income and bank statement data 6 companies

For borrowers with little credit history, lenders read bank statements, payroll records and platform earnings to judge income.

Phyllo logoPhylloPhyllo, with engineers in Bengaluru, checks the income of creators from the platforms that pay them.BengaluruHired recently
FinBox logoFinBoxFinBox, with engineers in Bengaluru and Delhi NCR, analyses bank statements and builds alternative credit scores for India's digital lenders.Bengaluru
Perfios logoPerfiosPerfios reads a borrower's bank statements and other financial data into a credit profile for the lender.
Digitap.ai logoDigitap.aiDigitap.ai, with engineers in Bengaluru, sells credit data and identity checks to lenders.
TartanHQ logoTartanHQTartanHQ, with engineers in Delhi NCR, checks a borrower's job and income directly from the employer's payroll system.
Ocrolus logoOcrolusOcrolus, an American company with engineers in Delhi NCR, reads pay stubs and bank statements in American loan applications.
The tech, explainedBank statement analysisIncome and employment verification
How it all worksCredit underwritingBefore ₹2 lakh moves, software reads the borrower.
See how it works →

What's changing

Lending without a credit history.

Account Aggregator lets a borrower share their bank data with a lender in seconds, with consent. Lenders can now judge people with no credit record from how money moves through their accounts.

Read moreAlternative credit scoring
← Previous in Lending and creditSME and business lendingNext in Lending and credit →Banks and NBFCs

Companies: ingrid's company map. Hiring signals: postings feed of 5 Nov 2026.