Enigma

Intelligence about small businesses you can trust.

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Overview

Enigma offers a data enrichment service focused on SMBs, providing underwriters with crucial information for risk assessment. Their data includes firmographics, revenues, growth trends, and other financial health indicators. This allows for more accurate and efficient underwriting of business loans, insurance, and other financial products.

✨ Key Features

  • Data on over 30 million SMBs
  • Firmographic and financial health data
  • Card revenue and growth signals
  • API for real-time data access
  • Data cleansing and matching

🎯 Key Differentiators

  • Focus on SMB financial health data
  • Proprietary machine learning algorithms for data generation
  • Real-time data access through a flexible API

Unique Value: Delivers unique insights into the financial health of SMBs, enabling better underwriting decisions for this segment.

🎯 Use Cases (4)

Small business lending and underwriting Commercial insurance underwriting Merchant risk assessment Know Your Business (KYB) and compliance

✅ Best For

  • Improving approval rates for small business loans
  • Reducing default risk in merchant portfolios

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Underwriting for large enterprises or individuals

🏆 Alternatives

Dun & Bradstreet Creditsafe LexisNexis Risk Solutions

Provides more dynamic and real-time financial health indicators for SMBs compared to traditional business credit bureaus.

💻 Platforms

Web API

🔌 Integrations

API (GraphQL and REST) Batch processing

🛟 Support Options

  • ✓ Email Support
  • ✓ Dedicated Support (Varies tier)

🔒 Compliance & Security

✓ SOC 2 ✓ GDPR ✓ SOC 2 ✓ PCI-DSS Level 1 (for Enigma Vault)

💰 Pricing

Contact for pricing

Free tier: NA

Visit Enigma Website →