Enigma

Enigma specializes in offering comprehensive data solutions that assess the identity and financial health of small and medium businesses throughout the United States. The company tailors its data services to meet the specific needs of industries such as payment processors, BNPL and financing services, vertical SaaS & marketplaces, and card and credit line issuers. Enigma partners with credit decisioning platforms, advisory firms, and marketing agencies to improve the accessibility and utility of its data. This data is crucial for powering sales and marketing strategies, Know Your Business (KYB) compliance, and risk monitoring workflows. Enigma’s business data platform is designed to support the growth teams of financial services, merchant services, and vertical SaaS companies by providing near-real-time revenue data, which covers more than 40% of U.S. card transactions. The company also offers API access and batch processing options for seamless data integration. Enigma’s data solutions are proven to enhance SMB customer approval rates by 1.3x to 1.9x without increasing risk. Additionally, its Merchant Transaction Signals offer insights into the financial health and growth trajectories of businesses, utilizing data from over 750 million anonymized credit and debit card transactions. Enigma also maintains a resource library that includes case studies, blogs, and webinars, focusing on data-driven solutions and emerging trends within the small business ecosystem.