Plaid has introduced Layer and Consumer Report, a solution that combines instant onboarding with cash flow data for lenders to evaluate alongside traditional credit data. This integration enables borrowers to instantly link their financial accounts and provide income, expenses, and bank account balances directly to lenders at the beginning of the application process. MoneyLion is the first customer to use this solution, allowing its 17 million users to access real-time cash flow data during loan applications and pre-qualification. The integration helps lenders make more informed decisions and expands their reach to underserved borrowers.