# PayJoy acquires Finia AI assets for thin-file credit underwriting

> PayJoy bought Finia’s underwriting tech to help lend to people with little credit history, but lenders must watch for bias and follow disclosure rules.

- Type: AI news
- Page: https://completeaitraining.com/news/payjoy-acquires-finia-ai-assets-for-thin-file-credit/
- Published: 2026-10-15
- Updated: 2026-10-15
- Author: Jeroen Erne
- Jobs: Customer support, Executives and strategy, Finance, Insurance, Legal, Real estate and construction, Sales
- Reading time: 1 min

PayJoy has acquired the underwriting technology assets of Finia, a move aimed at evaluating creditworthiness for borrowers and small businesses that lack extensive formal financial histories. The acquired technology is designed to assess thin-file applicants, potentially opening access to credit for segments that traditional scoring models often overlook.

The transaction introduces operational and compliance considerations for lenders adopting the system. Institutions will need to monitor for bias in automated decisions, ensure the logic behind credit determinations remains explainable, and maintain data quality standards. Lenders must also adhere to adverse-action notification requirements, which vary by market, when an application is declined.

*Source: [https://dailyaibrief.com](https://dailyaibrief.com/news/payjoy-acquire-finia-ai-assets-credit-underwriting-qnl8LIcp?ref=completeaitraining.com)*

---

This is the Markdown form of https://completeaitraining.com/news/payjoy-acquires-finia-ai-assets-for-thin-file-credit/. The whole site is mapped at https://completeaitraining.com/llms.txt.