This episode was recorded at the Money 20/20 event in 2019. On this episode, PaymentsJournal’s editor-in-chief, Ryan McEndarfer, sat down with Sanjoy Malik, chairman and CEO of Urjanet.

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PaymentsJournal:

Sanjoy, thank you so much for joining me on today’s episode.
To start, let’s give our audience a little bit of an overview about your
company, Urjanet.

Sanjoy Malik:

Yes, thank you. Urjanet is a utility data aggregator. We are
connected to close to 7000 different electricity, gas, water, waste, and
telecom utilities, and we provide information and data from these utilities to
our customers, who may use it in the context of businesses or consumers. Our
data is all permission-based and qualifies to comply with things like CCPA,
GDPR, etc.

PaymentsJournal:

Excellent, thank you for that overview. Well, we’re here at
Money20/20. Did your organization have any big announcements coming out of this
event?

Malik:

Yes, we announced a deal with LevelCredit, LevelCredit as a
data furniture that is going to combine alternative utility data from Urjanet
along with the ranked data that they already collect. It is a data furnisher to
many financial institutions and credit rating agencies, so we are very excited
about working with LevelCredit and having it use our data. It is going to
integrate very closely with our APIs and will have access to millions of
consumers.

PaymentsJournal:

I’d love to get to a little bit more of the brass tacks of
that partnership there. Why specifically did Urjanet decide to partner with
LevelCredit, and what will this new partnership really enable for both
organizations?

Malik:

So, LevelCredit is one of the leaders in providing the kind
of data that it do, and it is not one not for many partners. Our data is being
used by many different businesses and partnerships. We have partnerships with
many different types of companies, including folks that provide data for credit
and lending, for ID verification, for processing payments, etc., and
LevelCredit happens to be a leader in that space. It is the primary and one of
the leading providers of rent information, so combining rent with utility data
makes a lot of sense and it has a richer set of data that it can then provide