In a year of record volatility, lenders have struggled to access timely and reliable data about small businesses. Enigma’s Merchant Transaction Signals address this gap, providing key signals about the financial health and growth of small and medium businesses across the U.S.

The data

Enigma has partnered with leading banks and payment…

By Jordan Dominguez

Understanding what industry a business is in proves to be relevant for nearly every aspect of customer onboarding, underwriting, and monitoring. Without knowing how a business makes its money, it’s difficult to answer any of the following questions:

  • What is the success/failure rate of similar businesses?
  • Are…


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