Nova Credit, a startup company co-founded and operated by Nicky Goulimis, is an innovative, new company that helps newcomers to the US build their credit history, allowing them an easier pathway to pursue their dreams in America.
Goulimis was UK-raised but soon moved to the US to study at Stanford University.
There, she and her classmates realized that immigrants and newcomers to the States had difficulties proving to their bank that they’re credible, something that in many countries is proven through a personal ”credit score” or ”credit passport.”
They therefore decided to create a university project to facilitate something called ”global credit migration.”
Their experiment was successful, and Nova Credit is now a San Francisco-based company.
Even a perfect credit score from Canada or the UK is nearly impossible to transfer to the US, so anyone who wants to have a new start in the US financially, finds it difficult.
As its website notes, the Greek-owned startup has managed to provide a ”connected system of identification that supports the seamless translation of financial value across borders and into new environments and new experiences.”
In this way, newcomers to the States can have easier access to mortgages and credit cards, allowing them to gradually build their American credit score.