Ideas
Explore the world's #1 largest database of ideas and innovations, with 480,597 inspiring examples.
Trend Reports
Discover why 1,297 brands rely on our AI-powered Trend Reports to get better, faster insights.
Newsletter
Join 104,008 subscribers who rely on our weekly newsletter to keep up with need-to-know trends and insights.
How to Hunt
Learn more about how to hunt megatrends, ideas, patterns and opportunity.
Consumer Insights
Uncover major shifts and emerging opportunities with our exclusive PRO research.
Trend Reports
Discover why 1,297 brands rely on our AI-powered Trend Reports to get better, faster insights.
Newsletter
Join 104,008 subscribers who rely on our weekly newsletter to keep up with need-to-know trends and insights.
How to Hunt
Learn more about how to hunt megatrends, ideas, patterns and opportunity.
Advisory & Services
Accelerate innovation and ignite disruptive thinking with our award-winning programs and research.
Trend Reports
Get fast, customized trend reports, presentations and deep dives 20x faster than traditional research.
Plans
Get started today with a free consultation, our self-serve tools, or a dedicated program.
Articles & Magazine
Get inspired with our 4,233 innovation strategy articles, keynote, videos and innovation tools.
Innovation Awards
Trend Hunter’s Innovation Strategy Awards recognize the best innovation tactics gathered from our interviews with some of the world's most notable business leaders, authors and change makers.
Advisory & Services
Accelerate innovation and ignite disruptive thinking with our award-winning programs and research.
Innovation Assessment
Enhance your innovation potential with a deeper understanding of your unique innovation archetype and how your organization benchmarks.
FuturistU
Prepare for the years ahead with 100+ lessons, tactics, tools and frameworks with our full learning database.
Innovation Books
Join 20,000,000 people getting better and faster with our New York Times Bestselling books and keynote videos.
Jeremy Gutsche
Ignite your event or virtual event with our CEO, a NY Times Bestselling Author and one of the top innovation keynote speakers.
Our Team of Speakers & Virtual Presenters
Inspire your group with our most popular speakers on innovation, trends, change and futurism.
Custom Training & Events
Bring the Future Festival experience directly to your team or co-hosted custom event.
Custom Masterclasses
Join the world's leading brands who leverage our custom programs to accelerate innovation.
FuturistU 5-Day Program
Become a Futurist with our immersive 5-Day program at Future Festival World Summit.
Online eLearning
Learn the fundamentals of futurism and trends with 100+ online courses about innovation.
How to Hunt
Learn more about how to hunt megatrends, ideas, patterns and opportunity.
Contact
Get in touch to learn more, ask a question or submit a tip.
About Us
Learn more about Trend Hunter and how we accelerate innovation.
Follow-Us
Join our 3,500,000 social media followers, on the cutting edge.
How to Hunt
Learn more about how to hunt megatrends, ideas, patterns and opportunity.
FAQ
Get answers to common questions about Trend Hunter.
Community
Stay on the cutting-edge with the help of the Trend Hunter community.
Team
Meet the team trusted by hundreds of leading businesses worldwide.
Jobs
Find opportunities to accelerate your career with the #1 Trend Firm.
News
Catch up on noteworthy Trend Hunter news and media mentions.
Join
Build a portfolio and put your trend-spotting abilities to the test.
Advertising
Supercharge your marketing by partnering with Trend Hunter.
Portfolio
Visit your public portfolio and browse your past articles.
Add a Trend
Write up an article and showcase your trend-spotting skills.
My Trends
Edit your articles and see how they stack up on the leaderboards.
Settings
Edit your profile, connect your social media accounts, and more.
Add a trend, customize your dashboard, or track topics.
Future Festival
Innovation Events
Join the world's top innovators at our in person events.
Free Webinars
Learn to innovate through chaos, navigate the new normal and maintain work culture from home.
Custom Training & Events
Bring the Future Festival experience directly to your team or co-hosted custom event.
Search our database of 480,597 cutting edge ideas.

Fintech Credit Card Platforms

Clean the Sky - Positive Eco Trends & Breakthroughs

TomoCredit Aims to Make Credit Scores "obsolete"

— July 21, 2022 — Business
TomoCredit is the brainchild of Kristy Kim and was originally launched to make it easier for international students to obtain credit. Now, more than three years later, the brand hopes to help all young adults who are in good financial health but without a credit score.

The main difference between Tomo and other credit offerings out there is that it doesn't rely on FICO scores to underwrite. By applying a "proprietary" underwriting algorithm (Tomo Score), it identifies "high potential borrowers" without a credit score. Credit checks are not required, deposits are not required, and no fees are charged with the TomoCredit card. The fintech offers cardholders credit limits up to $30,000 based on their cash flow. The system makes its money only off of interchange fees charged to merchants, not off consumers directly.

“As we are getting bigger, we are realizing that the target market we can address is way bigger than what we were expecting. We now know that the credit invisible goes way beyond immigrants,” CEO Kim told TechCrunch in an interview.

Image Credit: TomoCredit
Trend Themes
1. Alternative Credit Scoring - The development and deployment of non-traditional methods for assessing creditworthiness.
2. Disruptive Fintech - Fintechs offering innovative and alternative financial services, such as TomoCredit, which challenges traditional credit offerings.
3. Merchant Revenue-sharing - The model of revenue-sharing between fintech credit card providers and merchants, such as in TomoCredit's interchange fee-based system.
Industry Implications
1. Fintech - The industry for companies that provide innovative financial products and services, such as TomoCredit's proprietary underwriting algorithm.
2. Consumer Credit - The industry for financial services that offer credit to consumers, such as TomoCredit's credit card offerings to those without credit scores.
3. Retail - The industry for businesses that sell goods and services to customers and can benefit from revenue-sharing models with fintech credit card providers, such as in TomoCredit's business model.
1.6
Score
Popularity
Activity
Freshness