A smarter way to assess creditworthiness
Empower smarter decisions with real-time financial insights powered by AI.
How KoraConnect turns data into insights
Applicants use KoraConnect to link their bank
Applicants connect their bank account using a secure connection via Plaid. This allows KoraConnect to access real-time transaction data, eliminating the need for pay stubs or manual verification.
KoraConnect analyses transaction data
KoraConnect instantly analyzes cash flow patterns, income stability, and spending behavior. Our AI-powered system detects irregularities, flags potential risks, and ensures an accurate financial profile.
Underwriting insights delivered in minutes
A detailed report is generated with key financial indicators including income trends, affordability estimates, and risk factors, helping lenders make informed decisions quickly.
Streamlined and flexible data collection
With KoraConnect, users can permission secure access to their financial data and manually upload bank statements.
Direct Bank Connection
Borrowers can seamlessly connect their bank accounts through Kora's fully managed and secure interface that can be branded with your logo and colors for instant access to transaction data.
Bank Statement Uploads
Borrowers can upload bank statements, which are processed using Optical Character Recognition (OCR) technology to efficiently extract transaction data.
From raw data to real insights
Cash flow underwriting from KoraConnect dives deep into transaction details.
Income Patterns
Track and verify regular income streams
Spending Behavior
Understand borrower habits and discretionary spending
Real-Time Cash Balances
Gain a clear view of financial stability
For Dealers & LendersFor Dealers & Lenders
Close More Deals with Faster, Smarter Financing
KoraConnect streamlines the financing process, helping dealers and lenders approve more buyers with less friction. By leveraging real-time bank transaction data, our platform verifies income in less than 2 minutes, reducing the need for manual pay stub reviews and speeding up approvals. AI-powered fraud detection flags inconsistencies before funding, ensuring that every deal is backed by reliable data. With automated underwriting and risk assessment, lenders can move quickly, and dealers can close more deals without unnecessary delays.
For Banks & LendersFor Banks & Lenders
Lend Smarter with AI-Driven Risk Insights and Kora LOS
KoraConnect empowers banks and lenders to make more informed credit decisions by analyzing real-time cash flow data. Traditional underwriting methods rely heavily on credit scores, but our platform goes deeper—assessing income stability, spending patterns, and risk indicators to provide a more accurate picture of a borrower’s financial health. With automated fraud detection and compliance checks built in, KoraConnect helps lenders reduce exposure to bad loans while streamlining approvals. Our seamless integration with existing loan origination systems ensures that you can enhance decision-making without disrupting current workflows.
For lenders looking to launch a new auto lending program from the ground up, Kora also offers the Kora Loan Origination System (Kora LOS), a fully integrated solution that supports application intake, decisioning, and loan management.
Customized for your needs
KoraConnect integrates via API with your underwriting platform or LOS, or can be used directly by underwriters through dashboards.
AI-Powered security and validation
Verify documents, validate income, and ensure seamless bank integration with cutting-edge AI
Ensuring Document Integrity with AI
Kora uses advanced AI algorithms to assess the authenticity of uploaded documents, detecting doctored or manipulated bank statements with high accuracy.
Comprehensive Bank Support
Kora supports 99% of major banks, ensuring borrowers from a wide range of institutions can participate in the underwriting process seamlessly.
Identity Verification for Direct Bank Connection
Our platform performs real-time identity checks during direct bank connections, verifying the borrower's identity to further prevent fraud and ensure the security of financial data.
Understand Transaction Data
Access 267 pre-built aggregations and metrics, categorize raw transactions data, and validate stated income with real transactions.
A trusted model backed by real results
Thousands of Loans Originated
Our cash flow underwriting model has been used to originate over $100 million in loans since 2016.
Industry-Leading Portfolio Loss Rate
Kora has maintained an industry-leading portfolio loss rate.
Built for Precision Using Over 300 Million Transactions
Our machine learning model has been fine-tuned using data from over 300 million transactions.1
Discover how Cash Flow Underwriting by Kora can transform your lending decisions.
FAQ
Cash Flow Underwriting is an innovative approach to credit assessment that analyzes real-time financial data, such as transaction history, income patterns, and cash flow, to evaluate a borrower's creditworthiness. It supplements traditional credit scores to offer a more comprehensive view of financial health.