Carrington Labs Cashflow Score lands on Snowflake Marketplace

Carrington Labs has launched Cashflow Score as a Snowflake Native App, giving lenders a way to run cash flow underwriting inside Snowflake without moving data out of their environment. The integration is aimed at faster deployment, better credit risk assessment and expanded approval opportunities for thin-file and no-file borrowers.

Why it matters: - Lenders that already store borrower data in Snowflake can now add cash flow underwriting without building a custom model or exporting data. - Carrington Labs says the setup can improve credit risk assessment, speed deployment and help lenders approve more thin-file and no-file applicants. - The launch matters for lenders trying to modernize underwriting while keeping tighter control over data movement and internal workflows.

What happened: - Carrington Labs launched Cashflow Score as a Native App on the Snowflake Marketplace. - The app is designed for lenders using Snowflake to run cash flow underwriting where borrower transaction data already lives. - The launch gives Snowflake customers access to the upgraded Cashflow Score 2.0 model. - The app is now available to Snowflake users in Australia.

The details: - Cashflow Score uses bank transaction data to generate a score from 1 to 100, with 100 indicating the highest credit quality. - Cashflow Score 2.0 adds categorization of bank transaction data and clearer score drivers. - The Native App is designed to let lenders use the output inside their existing Snowflake environment and workflows. - The integration is intended to remove the need to move, duplicate or share data externally. - Carrington Labs says lenders can install and deploy the app directly from Snowflake Marketplace with minimal setup. - The company also says lenders can use the model to improve risk assessment accuracy and increase approval rates. - The app is positioned as useful for lenders that lack enough traditional credit data for legacy underwriting standards. - Carrington Labs said the offering reduces operational lift for lenders already on Snowflake. - Kasey Kaplan, deputy CEO of Carrington Labs, said lenders need practical ways to improve credit risk performance inside the systems and controls they already use. - Kaplan said the Snowflake Marketplace launch gives clients a faster path to cash flow underwriting while keeping data in their own environment and maintaining control over how the score is used. - Additional regions are expected to follow after the Australia launch. - More information is available on Carrington Labs’ website. - Carrington Labs can pilot a tailored risk model in days and onboard a lender in weeks, according to the company.

Between the lines: - The launch reflects growing demand for underwriting tools that work inside existing data platforms instead of requiring a separate analytics stack. - Snowflake distribution also gives Carrington Labs a way to reach lenders through a marketplace channel rather than a custom enterprise integration. - The focus on explainable score drivers suggests the company is trying to make alternative-data underwriting easier to adopt in regulated lending environments.

What's next: - Carrington Labs said more regions will be added beyond Australia. - Lenders using Snowflake can begin implementing the app now, which could shorten evaluation and deployment cycles for cash flow underwriting. - The company is likely to use the marketplace launch to expand adoption among consumer and small-business lenders.